Team Lead Investigation & Reconciliation, VP

  •  

Jersey City, NJ

5 - 7 years

Posted 176 days ago

This job is no longer available.

Business Operations Planning Unit

The Business Operations Planning Unit (BOPU) is in charge of operations and projects for ABOD, and consists of the Planning & Project Management, Investigations/Reconciliations, and Data Integrity sections.  Please click on the links below for more information on each section. 

Summary


Manage the administrative functions related of the Investigations / Reconciliations Section

Responsibilities

1) General Duties

  • Prepare performance reviews and goal settings for staff
  • Prepare vacation schedule
  • Ensure proper staffing
  • Review and revise internal operating procedures 
  • Perform UAT as needed
  • Manage Metro CARS and IntelliTracs systems
  • Supervise the Nostro Reconciliations and Investigations
  • Ensure that proper reconciliations are conducted and cases are resolved on a timely basis
  • Assist on difficult cases
  • Prepare loss reports when applicable
  • Approve compensationreports
  • Supervise and approve the administrative functions related to our Vostro accounts (Due to Banks for Mizuho Capital Markets Corp (MCMC) and other subsidiaries) and branches inter-office accounts
  • Monthly Service and OD Charge Summary Report
  • Overnight Overdraft limits
  • G-Base Operation for opening/closing of Vostro accounts
  • [MCMC only] Booking adjustment for non-receipt etc
  • Supervise Same Day reconcilement process
  • Supervise TMPG processing
  • Supervise and approve the administrative functions related to our Nostro accounts (Due from Banks) and branches inter-office accounts
  • Monthly Report of Nostro Bank Charges and Interest
  • G-Base Operation for opening/closing of Nostro accounts
  • Ensure proper handling of Cross Branch booking
  • GBase function
  • Approve general operations
  • Error posting report
  • Perform End of Day for section
  • Perform End of Day for IntelliTracs
  • Complete self-check for the section
  • Supervise the requiredreports including the proper distribution to appropriate MHBK NY Departments/units and management: 
  • Daily CARS and non - CARS Reconciliation Reports and Investigation Reports
  • Daily Open Reconciliation Items Report (Nostro & ISA)
  • Weekly Nostro Open Items Report over 7 days
  • Weekly Investigation Report
  • Weekly Lifting Charges Report
  • Monthly 30/90 Days Nostro Reconciliation Report
  • Monthly Investigation/Compensationreport
  • Monthly Service Charge Report [Nostro / Vostro]
  • Monthly Sundry Report
  • Monthly Overdraft Statements [Vostro]
  • Monthly Dormant Account Report [Vostro]

Qualifications

  • Minimum 5 years of bankingexperience in Nostro Reconciliations and Investigations
  • Knowledge of CHIPS, FED and SWIFT
  • Knowledge of BAFT - IFSA rules
  • An understanding of accounting (Debit and Credit entries)
  • Effective management skills and oral / written communication skills

R1710