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Company: Valley Bank
Location: Clifton, NJ
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Process wire transfers in accordance with the department's policies and procedures.
  • Upon identification of any potential AML issues, immediately notify the AML/BSA Department for further instructions.
  • Provide excellent customer service by the timely completion/accuracy in processing wires.
  • Execute daily supplementary funding to the clearing house and resolve any cash liquidity discrepancies.
  • Assist in the completion of the Department's End of Day General Ledger proofs for CHIPS, SWIFT, and Fed.
  • Maintain proper documentation, track, and follow all provided processes and protocols precisely and timely to remain within Regulatory Compliance guidelines.
  • Communicate with branches and other internal departments properly addressing any wire concerns/issues.
  • Resolve all foreign exchange and USD wire transaction investigations such as trade discrepancies, non-receipt of funds, and trade confirmations.


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