Posted by The Bank of New York BNY Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007
Analyst, CashProc/FundsTrnsfr
Job Description:
- Cash Processing and Funds Transfer – IC1 Monitors 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.