Company: Union Bank of the Philippines
Position: Transaction Services Analyst I
Office Location: UnionBank Square - Eastwood, Libis, Quezon City
Job Summary: The Transaction Services Analyst is responsible for providing analytic and administrative support to traders, in coordination with the Transaction Capture team. They closely monitor a systematic OFAC review of incoming cash receipts. That said, this role monitors secure and accurate processing and release of outgoing payments in accordance to the Firm's control standards regulatory requirements Moreover, the overall objective of this role is to maintain position records and provide support with processes surrounding securities. Skills Demonstrated project management skills Ability to work under pressure and manage to deadlines Ability to work in a fast-paced environment Consistently demonstrates clear and concise written and verbal communication Attention to detail and intermediate problem solving skills Tools Highly developed Microsoft Suite skills, particularly Microsoft Excel, required
Duties And Responsibilities
- Monitoring and processing exceptions as triggered from the systematic OFAC review of incoming cash receipts,
- Monitoring and controlling timely, secure and accurate processing and release of outgoing payments in accordance to the Firm's control standards regulatory requirements,
- Validating and approving for release of outgoing payments and free format messages,
- Identifying potential improvements to the efficiency and control of the payment process,
- Perform monitoring and exceptions processing of daily cash disbursement and incoming OFAC screening process in accordance to compliance and policy requirements,
- Communicate closely with Compliance department, Operations, and external Agent Banks during the day for investigation of issues and respond to phone / email inquiries,
- Participate in initiatives and projects that improves efficiency of the process, enhances control and supports new businesses,
- Tracks and produce metrics for management review,
- identifies trends, propose and implement streamlining initiatives to improve processes,
- Payment processing for fund level payment requests related to real estate, mortgage and private equity fund investments.
Required Skills: Accountability, Adaptability, Analytical, Good Communication Skills, Critical thinking, Teamwork, Willingness to learn
