Job Posting for Investigation Analyst at Infinity Consulting Solutions, Inc.
Two days remote
Reconciliation and Research, document and resolve inquiries on Foreign Currency/USD funds transfers.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
(1) General Duties
Reconciliation related function
Nostro Account Reconciliation Processing
Check Clearing Account Reconciliations
Distribution of all CARS reporting to appropriate MHBK NY Units
Research payment item
Research the payment item via IntellTracs, MTS, GBase, etc.
Attach supporting documentation to case
Resolution of case including OFAC cases
Work on a resolution to the inquiry in a timely manner
Prepare reply
Claim or pay compensation according to BAFT-IFSA rules
Claim or pay compensation on foreign currency cases
Prepare reports as necessary
Prepare adjustment tickets as necessary
Mizuho Bank (USA), New York
Monitor MHBK (USA)'s balance with their account held at MHBK New York
Process end of day balance transfer
Mizuho Capital Markets Corporation (MCMC)
Verify non-receipt items
Reverse transactions for non-receipt items
Follow up with counterparties
Return of MCMC's payments
Canada Branch
Cash Flow control operation
Reports
Prepare various daily, weekly and monthly Investigation reports
Nostro Account Balance Control
Retrieve balance information for MHBK NY and MHBK USA's accounts Client Mellon, NY
Prepare drawdown or send cover funds to the accounts accordingly
Special projects as assigned
(2) Exception Duties (As requested by UH)
Assists in various tasks and/or Projects as the need arises when requested by Section or Unit Head.
(3) Compliance
Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank's "Code of Conduct”.
Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.
Skills:
QUALIFICATIONS:
Experience in handling Nostro Bank Account relationship in Foreign Currencies.
Reconciliation and break resolution of Nostro Account entries
Banking experience in Investigations (desirable)
Knowledge of CHIPS, FED and SWIFT (desirable)
An understanding of accounting (Debit and Credit entries) (desirable)
Hourly Wage Estimation for Investigation Analyst in Jersey City, NJ
$78.83 to $116.12
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