Here is the PSD, but it’s doing the same for all my templates for this image.  I just ran a batch of 4000 images in one CSV utilizing 4 different templates at once.  All but two image files rendered just fine.  Just this image and one other was misaligned.  I’m thinking a processing issue or possibly a near capacity scratch disk.

https://www.dropbox.com/s/zyz0p5qxqlb386w/Pastime_4x5_Vertical_SB.psd?dl=0