JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

Funds Transfer Analyst

Company: Axelon Services Corporation
Location: Jersey City
Posted on: November 24, 2022

Job Description:

Global Financial Firm located in Jersey City, NJ has an immediate contract for an experienced Payments Analyst

6 month Contract

Hybrid- Onsite

11 am- 7pm- Time

Business Overview:

Candidate Success Factors:
Candidates will be measured on the following four performance drivers that will dictate how individual impact is considered on the Americas platform:

  • Results and Impact
  • Leadership and Collaboration
  • Client, Customer and Stakeholder Focus
  • Compliance Culture and Conduct


    • Provide Payment Services and Level 1 Sanctions coverage between 11AM 7PM. (close of business)
    • Transaction processing in one or more of the company s internal operations to support domestic and international customers for payment and check processing service functions.
    • Perform first level review of obvious false positive (payments/Swift and non-SWIFT messages) that are stopped in our various filtering systems.
    • Escalate questionable and exact matches to the level 2 team (SEE) for review
    • Ensure instructions are executable, properly authorized or signed, or authenticated where applicable.
    • Correction of transactions received via automated feeds with improper formatting and or items previously disapproved by verifiers.
    • Awareness of daily work levels and achieves set standards and goals.
    • Identify and take prompt action on priority items.
    • Ensure adherence to all external regulatory and internal policy guidelines as dictated by the position
    • Perform other support operations functions as required.
    • Foreign exchange processing duties, which include, buying and selling foreign currency, entering, verifying wire transfer.
    • Verify figures with the Trading group for Funds Control to ensure both areas are aligned in cash position
    • Monitors and records all intra-day activity as received from the Traders/TFLM, prepare position and provide any anomalies or fails reporting to their attention.
    • Must have the ability to identify and resolve intra-day position for funds control and reconciliation through various reports.
    • Responsible for end of day proof and reconciliation.
    • Share in the rotational coverage of all functions within the area.
    • Process/Validate Outclearing checks, Incoming and Outgoing Collection letters.
    • Provide NRM database feedback.
    • Contributes directly to the Permanent Operational Control device: by applying the procedures, by carrying out the monitoring and by alerting his superiors to any malfunction.

      Minimum Required Qualifications

      • Excellent communication skills
      • Strong interpersonal skills and good judgment
      • Concern for Quality, Accuracy and attention to detail.
      • Self-motivated, ability to multi-task and work well under pressure.
      • Customer Service Orientation
      • Organization skills
      • Team oriented.
      • The candidate must be PC literate with a strong working knowledge of Excel, Word and PowerPoint

        Preferred Qualifications:

        • 1/3 years experience in the field of banking operations
        • Industry Knowledge: Product knowledge of Wire Transfer and Check processing business. This should be complemented with an understanding of Accounting and Regulatory background.
        • Degree from accredited college/university
        • Strong understanding of Funds Transfer operations as well as the rules and regulations, which govern it, (this will include both CHIPS, Fedwire, LYNX and ACH.)
        • Strong preference for previous banking experience with foreign exchange
        • Knowledge of local clearing systems, SWIFT and the various formatting issues associated with them.

Keywords: Axelon Services Corporation, Jersey City , Funds Transfer Analyst, Professions , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds