Money Movement Operations Processing - Pennington, NJ

Bank of America•Pennington, AL

2d•$25 - $28•Onsite

About The Position

The Operations Risk Review Senior Specialist is responsible for performing a complete and thorough review of money & asset transfer requests for Bank of America/Merrill clients. Risk review includes verbal and/or written transaction requests and employs a high risk and fraud prevention mindset to ensure the security of client accounts and to minimize risk/losses to the company. This role relies upon a subject matter expert to demonstrate a sense of urgency while remaining disciplined in determining financial risk, fraud and anti-money laundering violations of high-risk transactions.

Requirements

Proficiency with money movement internal policies and procedures
Strong knowledge of retail and retirement investment products
Ability to think analytically and effectively manage risk using strong research Qualifications, applying best practices and leveraging past experiences to resolve problems
Professional Demeanor: Demonstrating patience, composure and client service attitude
Initiative: Willingness and ability to play an active role in identifying and implementing process improvements as well as a willingness to help others
Work in a team/group environment; demonstrate a willingness/desire to share experiences or ideas with others
Strong ownership and resolution Qualifications
Good organizational and time management Qualifications
Attention to detail
Ability to collaborate with internal business partners
Ability to function in a fast-paced environment while maintaining composure and sound business judgment

Responsibilities

Review and approve retail and retirement transactions
Error-free and timely processing of distribution requests
Ability to review phone calls and perform outbound client calls for high risk transactions prior to approval
Ensure adherence to approval procedures; must have an eye for detail and ability to effectively escalate issues in an appropriate manner