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Wire Payments, Senior Associate (Mid - Level)

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  • Posted 2 days ago
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Job Description

Join our team as a Wire Payments Senior Associate and play a key role in ensuring timely and accurate wire transfers for our clients.

Primary responsibilities of the team include:

  • Timely action with regards to input or releasing payments to minimize any risk or impact to clients accounts
  • Timely resolution of nostro breaks
  • Mitigation of operational and reputational risk by escalating issues in a timely and efficient manner
  • Liaising with clients and other internal support functions for resolving issues pertaining to wire transfers

Key Responsibilities:

  • Ensure timely and accurate processing of client-advised wire transfers.
  • Release payments promptly and liaise with internal teams, agents, and client representatives to resolve issues.
  • Investigate and clear nostro and accounting reconciliation breaks; escalate operational risks when necessary.
  • Minimize costs and operational risk by adhering to compliance procedures, improving STP rates, reducing manual instructions, and monitoring market risks.
  • Maintain strong relationships with clients, sales teams, agents, and custodians; communicate effectively with other operational departments.
  • Keep managers informed of potential issues and ensure smooth process execution.

Skills & Competencies Requirement:

  • Minimum 5 years of experience in financial operations
  • Strong analytical, organizational, and reporting skills.
  • Adaptability to changing international environments; ability to work under pressure.
  • Rigorous attention to compliance and procedures.
  • Expertise in SWIFT payments (MT202, MT103), financial markets, and advanced Excel skills.
  • Must be amenable working on night shift.

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About Company

Job ID: 135134709