Clearing Assistant

Industrial and Commerce Bank Of China USA NA • New York, NY

4d • $45,000 - $65,000 • Onsite

About The Position

To assist the Clearing Officer in the everyday activities related to the bank’s money transfer transactions.

Requirements

• Ability to read, comprehend simple instructions, short correspondence and memos in English and Simplified Chinese is preferred.
• Ability to add, subtracts, multiply and divides in all units of measure, using whole numbers, common fractions, and decimals.
• Knowledge of Database software; Internet software; Spreadsheet software and Word Processing software.

Responsibilities

• Assist the Clearing Officer by performing functions related to ACH transactions.
• Process daily ACH origination procedures, including processing files from clients and internal systems, returns, reversals, rejects, death notification entries and reclamations.
• Research requests and disputed ACH transactions. Balances ACH process daily.
• Process daily ACH exception item, ACH stop payment and unauthorized claim request.
• Notify affiliates of errors and exception.
• Process daily ACH origination procedures, including processing files from clients and intern systems, reversals, rejects, death notifications, reclamation returns and entries.
• Maintain required reports and logs.
• Responds to basic inquiries, OFAC inquiries and issues from customers and internal units.
• Researching and responding to EFT and check related inquiries from all branches, department and management as needed.
• Daily balancing of all regions official checks, interest checks, and money orders from the (SCMSA) system.
• Daily via-email the Central Log files and FED incoming (NSF) check files to all regions for reporting information.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree