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Money Transfer Verification Sr. Specialist - FED CHIPS SWIFT

Jersey City, NJ
Intermedia Group has an opening for one of our clients:
 
TITLE:  Money Transfer Verification - Sr. Specialist - FED CHIPS SWIFT
LOCATION: Jersey City, NJ
TYPE: FULL TIME SALARIED POSITION DIRECTLY WITH THIS FORTUNE 500 BANK


SUMMARY:
The incumbent is responsible for verifying all Manual payments related to and processed by the Money Market section for Securities, Securitization, Documentation/Control and Money Market sections. In this capacity, the incumbent is expected to effectively: 
  • Review/verify all ‘CHIPS’ and ‘FED WIRE’ payments in the Global Pay Plus [GPP] system. 
  • Review, verify and release MT103, 202 Swift messages in ‘GPP’ or ‘BESS’ [Bank Electronic Support System].
  • Review and Approve Vouchers in the ‘IMMS/Systematics’ system. 
  • Must have a thorough understanding of the Hot Scan function, as well as ‘OFAC’ regulations. 
  • Ensure that the Head Office Information Security Standards and Procedures [ISSP] are strictly followed re Letter of Assignment. 
  • Ensure full compliance with the ‘Error Free Initiative’
 
EXPERIENCE/ABILITIES: 
Workflow Management 
  • Ensure that all items evidence the appropriate Approvals from the ‘product’ area. 
  • Ensure that all supporting documentation related to the ‘Payment’ is thoroughly reviewed, and in compliance with the customer/counterparty instruction. 
  • Identify/report any irregularities to the Unit Manager for reporting purposes. 
  • Review end of day proof and reconciliation documentation, ensuring that all Wires/Messages are released, Vouchers approved and ‘GPP’, ‘BESS’ and ‘IMMS’ UDFs/Queues cleared. 
  • Ensure all end of day ‘proof’ is reviewed and chopped by the Unit Manager. 
  • Must be able to verify and release other Manual Payments received by the unit. 
Quality Control 
  • Strict adherence to the Unit’s established Policies and Procedures. 
  • Review error reports prepared by the Verification unit, ensuring that issues have been properly and accurately reported. Coordinate with the Money Market/Securities/Securitization sections in the resolution of identified errors.
  • Ensure all sensitive customer and Bank documentation is properly maintained and secured. 
 
QUALIFICATIONS
  • 5-10 years of Treasury – Back Office Operations 
  • Knowledge of Funds Transfer payment systems 
  • Knowledge of Swift Message formatting 
  • Proficient in Excel and Word applications 
  • Very good oral and written communication skills 
  • Good at multitasking 
  • Strong Customer Service skills 
  • High School Graduate 
  • College Preferred 
 
 
If you are interested in pursuing this opportunity, please respond back and include the following
• Full MS WORD Resume
• Current and required compensation
• Current contact information
• Availability

Upon receipt, one of our managers will call you to discuss
 
 
 
Christopher Kaufman
​​​​​​​​​​​​​​Intermedia Group
​​​​​​​Chris@intermediagroup.com  
Corporate Web Site: www.intermediagroup.com
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