Corporate Treasury- Salt Lake City - Senior Associate, Settlements - 9088467
About The Position
Manage a portfolio of cash payments and receipts; work with business units to monitor payment, credit and sanctions risk. Oversight payment controls functions including sanctions and fraud controls. Liaise with Anti-Money Laundering (AML) compliance team to resolve payment exception risk with senior management exposure. Front line interaction with a network of key vendors across cash agent banks as well as central banks. Ensuring accuracy and integrity of the firm’s books and records. Performing several payment control functions, ensuring the integrity of our process. Manage our daily cash payments and receipts for a particular portfolio. Effectively identify and protect legitimate customer transactions. Real-time transaction processing that identifies fraud attempts, while allowing legitimate attempts to be executed.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Finance, Economics, Business Administration, Operations Management, or a related field
- Three (3) years of experience in the job offered or in a related role
- Utilizing sanction & fraud risk detection systems and internal bank systems to review suspect items and warning reports daily
- Interpret reason codes and follow specified procedures on how to handle suspect activity
- Leveraging payment knowledge in order to work closely with the technology and project team to assist with payment system design and re-write
- Ability to collect and analyze large amounts of data and provide recommendations based on the information as presented
- Communicating and interacting with external clients, Community Bank, various lines of business, and other financial institutions to verify authenticity of items or availability of funds
- Educating clients about fraud issues including online banking safety and take appropriate action to protect clients’ accounts
- Knowledge of Fircosoft or Actimize Vendor applications
- Knowledge of SWIFT, Fedwire, and ISO Payment messaging formats
- Real-time transaction processing that identifies fraud attempts, while allowing legitimate attempts to be executed
- Experience working with Compliance teams on OFAC (The Office of Foreign Assets Control) sanctions related matters
Responsibilities
- Manage a portfolio of cash payments and receipts
- Work with business units to monitor payment, credit and sanctions risk
- Oversight payment controls functions including sanctions and fraud controls
- Liaise with Anti-Money Laundering (AML) compliance team to resolve payment exception risk with senior management exposure
- Front line interaction with a network of key vendors across cash agent banks as well as central banks
- Ensuring accuracy and integrity of the firm’s books and records
- Performing several payment control functions, ensuring the integrity of our process
- Manage our daily cash payments and receipts for a particular portfolio
- Effectively identify and protect legitimate customer transactions
- Real-time transaction processing that identifies fraud attempts, while allowing legitimate attempts to be executed
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What This Job Offers
Job Type
Full-time
Career Level
Senior
