Job
Description
Cash Processing and Funds Transfer - IC1Monitors client payments, daily cash and wire transactions, and acts as a first line of defense by addressing flags raised by transaction system
- Manages the daily processing of cash movements by bank clients and confirm validity of transactions with manager in cash processing and relationship managers with connection to clients
- Confirms wire instructions and receipt from clients and inputs transactions into appropriate systems
- Supports more senior cash processing associates with booking trades and confirming outgoing wire transactions with receivers
- Monitors systems to catch flags on transactions without receipts or any mismatches, addresses items that failed first round inspection by transaction systems
- Acts as point of contact for clients and wire recipients and addresses inquiries and concerns about the transfer process
- No direct reports
- May have people management responsibilities in some geographies
- Contributes to the achievement of team objectives
- Bachelors degree or the equivalent combination of education and experience is required
- 0-3 years of total work experience preferred
- Experience in financial services operations preferred