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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


    Responsibilities:


    • 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

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