What are the responsibilities and job description for the Funds Transfer Administrator position at IDB?
Company Description
For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.
Job Description
- Input, verify, and release incoming and outgoing payments and book transfers.
- Perform funds approval function prior to completing payments.
- May perform ACH payment processing
- Handle any previous day transactions that have been returned by Bookkeeping.
- Assist in the investigation of same day payment transactions.
- Report any system or operational problems to the Vice President.
- Perform end-of-day system maintenance (only during the night shift).
- Perform disaster Recovery duties as assigned.
- Reporting Responsibilities
- Other duties as assigned
- Reports directly to the Operations Manager.
#LI-Hybrid
Qualifications
- College degree and/or 5 plus years in a financial/Bank operations environment.
- Proficiency in MS Office, Word and Outlook
- Strong attention to detail
- Highly organised
- Strong verbal and written communication
- Ability to multitask and prioritize.
Compensation
The expected annual salary for this position is between $65,000 and $70,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.
Additional Information
All your information will be kept confidential according to EEO guidelines.
IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
