ACH Bootcamp: A 5-Part Series

with
Kim Ellis, Jennifer Miller, and Jason Johnson
  • Live Session
  • Series
From $899.00
  • January 24, 2022, 1:30 pm   EST
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after each live presentation.

ACH experts Kim Ellis, Jason Johnson, and Jennifer Miller will share real-life examples to illustrate how originating and receiving institutions handle transactions. You will learn the intricacies that add complexity to ACH.

 

Topics Covered

  • ACH Rules Basics
  • ACH Risk 101
  • ACH Products 101
  • ACH Receiving 101
  • ACH Origination 101
When:
Monday, January 24 - Friday, January 28, 2022; 1:30 PM Eastern or Monday, April 25 - Friday, April 29, 2022; 12:30 PM Eastern
5 Sessions scheduled for 60 minutes including question and answer period.

Training Overview

ACH in 2022: Advance your career with the fundamentals.

ACH use skyrocketed during 2021 and is expected to increase even more during 2022. With more transactions, the Automated Clearing House (ACH) Network and its functions have become even more critical to financial institutions’ operations. Everyone who processes transactions, makes policies, or sells ACH products must understand their intricacies.

This engaging five-part webinar series will guide you through the basics of the Nacha rules, risk, and products.

This program will enable you to:

  • Discover the roles of the ACH participants and how they interact
  • Understand the Standard Entry Class (SEC) codes and their applications
  • Master ACH transaction flows from originator to recipient
  • Advance your career

ACH Bootcamp: A 5-Part Series

Session 1: ACH Rules Basics

  • Rules of ACH
  • Consequences of failing to comply
  • Techniques to educate clients and members
  • Best practices to confirm adherence

Session 2: ACH Risk 101

  • Four main types of risk associated with ACH processing
  • Strategies to mitigate risk
  • Transaction red flags
  • Best practices for an ACH risk assessment

Session 3: ACH Products 101

  • Overview of ACH products
  • Services in highest demand by account holders
  • Interconnections of the various ACH services
  • Strategies to maximize the value of your ACH offerings

Session 4: ACH Receiving 101

  • Responsibilities of receiving financial institutions
  • Standard Entry Class (SEC) codes used by receiving institutions
  • ACH file content and format related to receiving
  • Procedures for handling exceptions

Session 5: ACH Origination 101

  • Responsibilities of originating financial institutions
  • Standard Entry Class (SEC) codes used by originating institutions
  • ACH file content and format related to origination
  • Returns and reversals

Who Should Attend?

  • ACH operations staff
  • Operations managers
  • Operations training staff
  • Backup operations staff

Expert Presenters

Kim Ellis

  • Director of Education at UMACHA
  • 17 years of banking experience, focusing on deposit operations and compliance management
  • AAP
  • Works with business customers in the community bank market
  • Provides assistance and support for ACH and cash management services

Jennifer A. Miller

  • Senior Director of Services at UMACHA
  • 25 years of baking experience, most recently in software product management, design, and consulting
  • AAP
  • Works with financial institutions and corporations to provide education and training on electronic payments
  • Focuses on balancing regulation with managing market expectations in innovative ways

Jason Johnson

  • Associate Director of Education Services at UMACHA
  • Over five years of community banking experience
  • Background as a teller and bookkeeper
  • Degree in accounting

For Teams

Have a team that needs training? Our enterprise customers receive custom branding, reporting and analytics tools, and of course, preferred pricing.