Fund Transfer Specialist

IDBNY•New York, NY

11d•$70,000 - $80,000•Hybrid

About The Position

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Requirements

4+ years of Funds Transfer experience with strong knowledge of Fedwire, Chips, Swift and FX payments.
Ability to work under strict deadlines.
Able to work effectively in a multi-task, high-volume environment.
Excellent verbal and written communication skills.
Adequate knowledge of MS Office: Word, Excel, Outlook and PowerPoint.

Nice To Haves

eGifts experience is a plus.
Spanish speaking is a plus.

Responsibilities

Input, verify, and release incoming and outgoing domestic and international payments of various currencies and book transfers in accordance with policies and procedures.
Ensure proper procedures are followed to minimize loss to the Bank, while maintaining quality service.
Perform funds approval function prior to completing payments.
Monitor payment processing functions inclusive of repair, approval, messaging, NFS, fraud, risk and investigations.
Ensure Compliance regulations are being met.
Handle any previous day transactions that have been returned.
Perform research related to wire transfer investigations as requested by customers and business units.
Provide exceptional customer service within departments of the Bank.
Report any system or operational problems to the First Vice President.
Perform end-of-day system maintenance and balancing.
Perform Disaster Recovery, testing for projects and upgrades, and additional duties as assigned.