Global Funds Transfer Representative II

Company: United Nations Federal Credit Union
Location: New York
Posted on: May 28, 2023

Job Description:

This position is hybrid: NYC Salary Range - $50,600 - $55,000 annually; compensation is commensurate to geographic location. Responsible for the timely and accurate execution of all incoming and outgoing wires. Perform a variety of duties that allow UNFCU and its members to meet their financial obligations. Adheres to global payment practices and applicable US and international regulations. Provides hands-on training for new hires and addresses day-to-day training needs for incumbents in the Global Funds Transfer Representative I position. Ensure compliance with federal and state laws and regulations and UNFCU's Code of Ethics & Business Conduct. Responsible for the timely and accurate execution of all incoming and outgoing wires. Perform a variety of duties that allow UNFCU and its members to meet their financial obligations. Adheres to global payment practices and applicable US and international regulations. Provides hands-on training for new hires and addresses day-to-day training needs for incumbents in the Global Funds Transfer Representative I position. Ensure compliance with federal and state laws and regulations and UNFCU's Code of Ethics & Business Conduct.Process USD and FX wires via FedLine Advantage and other RTGS (Real Time Gross Settlement) money transfer payment systems. Contract and settle exception foreign currency transactions on behalf of UNFCU and its members.Participate in the end-of-day balancing between UNFCU and money transfer payment systems used. Adhere to FedLine terminal security and OFAC regulations. Ensure all wire transfers are transmitted in accordance with REG J BSA. Monitor daily cash positions in wire clearing accounts held at various locations to ensure adequate balances to facilitate daily need; coordinate balances with Accounting on a daily basis. Practice vigilance in the detection of potentially fraudulent wire transfer requests. Coordinate collection of daily item counts across wire functions and provide daily processing statistical updates to UNFCU management.Participate in the review, decision and action of returned wire requests that require rerouting.Assist in the coordination effort between the Global Funds Transfer Representative I and Global Funds Transfer Representative II teams on a daily basis to assess the number of wires to be processed. As necessary, distribute work amongst the teams to facilitate completion in the most efficient manner and monitor progress of daily processing across the teams to meet deadlines.Ensure incoming wire transfer exceptions intended to be credited to UNFCU accounts are posted the same day they are received. When necessary, engage in appropriate communication with other areas within UNFCU and/or other financial institutions to obtain proper course of action with the payments identified as exceptions.Handle high volume of member communication via telephone and/or email with an excellent level of accuracy and/or handle more complex wire transfer-related member inquiries with an excellent level of accuracy.PDN-9915264f-7544-40bd-bde5-2290754d34cf

Keywords: United Nations Federal Credit Union, New York , Global Funds Transfer Representative II, Other , New York, New York