Entry Level/Recent Graduate - Finance/Investment
The Payment Processing Specialist is responsible for processing various currency payment instructions in accordance with Firm policy and procedure. Payment instructions may be a manual instruction such as fax or an automated instruction such as swift or client worldview. S/he will be responsible for entering/verifying manual instructions or repairing/verifying automated instructions in a fast-paced and deadline-driven environment while ensuring standards of quality and controls are met. Finally, at times, s/he will need to process/research the instructions in the Keystone system as well as respond to internal inquiries from Account Executives and internal areas.
Responsibilities:
- People Skills: Demonstrate quality working relationships with others in the group as well as internal parties. Demonstrate responsiveness to client needs and a proactive approach toward problem avoidance. Communicate professionally and constructively with team members as well as clients and internal parties. Demonstrate and display teamwork with fellow co-workers by assisting in daily responsibilities, valuing differences, building positive work relationships, and demonstrating flexibility.
- Control/Risk Management: Identify, escalate and communicate risks appropriately. Ensure all instructions are processed in a timely and accurate manner while adhering to Client policies and procedures and the various processing deadlines. Escalate unclear instructions to management. Make recommendations for control improvements. Promptly and accurately follow new or updated procedures. Help reduce the number of errors, receivables, and E&O's by suggesting control procedures or introducing automation. Demonstrate responsiveness to inquiries by responding in a timely manner with thoughtful solutions which prevent problems and provide quality service.
- Process Improvement: Seek to understand all processes, procedures, and practices; challenge those that don’t make sense. Identify opportunities to improve the FT payment processing. Identify and escalate manual instructions that have the potential for automation or non-STP’d automated instructions with incorrect formatting in order to increase STP rate. Optimize productivity while balancing the need to meet each client’s deadlines.
Skill Set: Requirements:
- Excellent oral and written communication skills
- Strong Organizational Skills
- Ability to work effectively in a fast-paced deadline-driven environment
- Able to work in a team environment and independently
- Strong typing skills
- Knowledge of USD and Foreign Currency Payment Processing, Keystone & Rightfax a strong plus
Seniority Level
Entry level
Employment Type
Contract
Job Function
Administrative
Industries
Investment Banking