Foreign Currency Remittance Cross Border Specialist - Hybrid
Company: MUFG
Location: Jersey City
Posted on: January 26, 2023
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Job Description:
Do you want your voice heard and your actions to count?Discover
your opportunity with Mitsubishi UFJ Financial Group (MUFG), the
6th largest financial group in the world. Across the globe, we're
160,000 colleagues, striving to make a difference for every client,
organization, and community we serve. We stand for our values,
building long-term relationships, serving society, and fostering
shared and sustainable growth for a better world.With a vision to
be the world's most trusted financial group, it's part of our
culture to put people first, listen to new and diverse ideas and
collaborate toward greater innovation, speed and agility. This
means investing in talent, technologies, and tools that empower you
to own your career.Join MUFG, where being inspired is expected and
making a meaningful impact is rewarded.This is a hybrid position.
The selected colleague will work at an MUFG office an average of
two to three days per week with the remainder worked remotely.Job
Summary:Within the FC Remittance Section, which is a very time
sensitive and high-volume environment with rigid deadlines, the
incumbent is responsible for exercising due care in the processing
of payments and related payment instructions on behalf of MUFG
customers and branches. In this capacity the incumbent is expected
to effectivelyMajor Responsibilities:Maintain familiarity with
Swift Cross Border Foreign Currency Remittance, and FED payment
formatting standards.Understand and apply departmental procedures
and payment practices.Manage time and prioritize assigned
duties.Maintain knowledge of BESS, GPP, OVS and other systems used
within the unit Ensure the proper completion of all
payments.Understand and apply due diligence relating to compliance
and regulatory related matters.Transaction Processing:Perform BESS,
OVS and GPP data entry transcribing required customer payment
information in the corresponding system fields.This includes mainly
Foreign currency and some USD payments and SWIFT MT
messages.Preparation of BNF Bank Charges.Lifting Charges/BNF Bank
Charges:Process lifting charges and bank to bank charges received
from Reconciliation Group including conversion of USD in RET
system. Monitor and ensure the charges claimed are processed in
time accordingly.Month end reconciliation of EUR lifting charges
with MUFG bank London statement that pertain to our
transactions.Proof and Reconciliation:Perform the end of day
reconciliation ensuring that documents are properly segregated
Ensure that End of Day queue is empty.Identified discrepancies are
resolved according to Department Policies. Complete and return End
of Day confirmationsAdditional Information:3-5 years of Money
Transfer experience.Good oral and written communications.PC
ProficientGood at multi-taskingHigh School graduateThe typical base
range for this role is between $24.03 - $28.84 depending on
job-related knowledge, skills, experience and location. This role
may also be eligible for certain discretionary performance-based
bonus and/or incentive compensation. Additionally, our Total
Rewards program provides colleagues with a competitive benefits
package (in accordance with the eligibility requirements and
respective terms of each) that includes comprehensive health and
wellness benefits, retirement plans, educational assistance and
training programs, income replacement for qualified employees with
disabilities, paid maternity and parental bonding leave, and paid
vacation, sick days, and holidays.The above statements are intended
to describe the general nature and level of work being performed.
They are not intended to be construed as an exhaustive list of all
responsibilities duties and skills required of personnel so
classified.We are proud to be an Equal Opportunity/Affirmative
Action Employer and committed to leveraging the diverse
backgrounds, perspectives and experience of our workforce to create
opportunities for our colleagues and our business. We do not
discriminate on the basis of race, color, national origin,
religion, gender expression, gender identity, sex, age, ancestry,
marital status, protected veteran and military status, disability,
medical condition, sexual orientation, genetic information, or any
other status of an individual or that individual's associates or
relatives that is protected under applicable federal, state, or
local law.
Keywords: MUFG, Jersey City , Foreign Currency Remittance Cross Border Specialist - Hybrid, Other , Jersey City, New Jersey
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