International Currency Specialist

Fulton Bank
Lancaster, PA Other
POSTED ON 6/28/2023 CLOSED ON 7/11/2023

What are the responsibilities and job description for the International Currency Specialist position at Fulton Bank?

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company and every success we experience begins with them. We hire team members who raise the bar, who are collaborative and inclusive, who build relationships, and who are looking for a long-term career with Fulton Bank. We strive to promote a culture of work-life balance, to unplug and recharge to be your best self, at work and at home.

Overview

This position is located at our corporate headquarters in downtown Lancaster, Pennsylvania

 

The hours are 8:00-5:00 Monday – Friday.

 

The primary responsibility of this position is to execute foreign currency transactions, maintain required foreign currency inventory and provide guidance to staff within the organization regarding foreign currency transactions. Incumbents must record all activities in accordance with established banking procedures while adhering to all applicable foreign and domestic regulations. The position operates under specific direction and, on occasion, will be required to handle a high volume of calls from internal and external customers.

Responsibilities

  • Execute foreign currency transactions including exchanges, deposits, withdrawals, checks and drafts, and issuing and processing traveler’s checks. Record all transactions in accordance with established banking processes, internal customer experience initiatives and applicable banking regulations.
  • Advise branch and other internal staff regarding foreign transaction requirements, procedures and compliance; escalate risk and compliance issues as required.
  • Monitor and maintain foreign currency inventory according to customer demand, make recommendations when to buy and sell certain currencies and execute currency orders as required.
  • Perform daily reconciliation of foreign currency cash drawer in concert with external vendor, organize and maintain record on daily foreign currency transactions.
  • Process incoming foreign check collections, determine most efficient processing method, provide all necessary documentation, tracers and payments to the proper account, and maintain appropriate records. Maintain knowledge of foreign correspondent bank network.
  • Participate in foreign currency collections for internal and external customers by ensuring that all needed documentation is in place and the appropriate Demand Deposit Account is affected, assisting with General Ledger reconciliation, making necessary adjustments and investigating open items.
  • Order supplies, send overnight courier packages, sort and distribute mail and complete other administrative duties.

Qualifications

Required Education

High School Diploma or equivalent. 

Required Experience

1 or more years Administration or Banking.

 

Preferred Experience

 

1 or more years customer service experience. 

 

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
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