Transaction Banking Services - Cash Management Services - Associate
Core
Process US Dollar and foreign currency payments, checks, and transfers via FED, CHIPS, and SWIFT systems while monitoring intra-day liquidity and ensuring compliance.
Role type
Associate transaction banking operations specialist
Builds
Daily payment settlements and liquidity management for corporate clients
Domain
Banking / Transaction Banking
Required skills
FEDWIRE and CHIPS operations, SWIFT messaging, Montran JGPS usage, Fircosoft compliance checks, BCP testing support, payment system management, reconciliation verification, nostro account management, tax payment processing, check deposit processing, billing processing, client investigation handling
Preferred skills
Experience with BNY Mellon Treasury Edge system, experience with aircraft closing processing
Technologies
Montran GPS, Fedline Advantage, Fircosoft, BNY Mellon Treasury Edge, Microsoft Office
Responsibilities
Monitor Intra-Day Liquidity - FED available cash position throughout the business day, Ensure FED balance does not exceed the Intra-Day Cap, Approve and release payments in GPS and SWIFT, Process Fed Service messages, Review all possible violations in OFAC using Fircosoft system, Verify all daily reconciliations performed correctly, Confirm third party transfers in accordance with the client's security agreement, Manage the end of CHIPS funding and process related accounting entries, Manage the branch's nostro cash position at Bank of New York Mellon, Process check deposits using BNY Mellon Treasury Edge system, Process all monthly billing presented by BONY, Clearing House, Swift, and Fed, Handle all investigations concerning clients, nostro accounts and compensation claims, BCP Testing does multiple times a year for CHIPS and FED
Seniority
Mid-level, hands-on IC