Administrator – Payments

Overview

Administrator for payments operations at MUFG, supporting the processing of wires, ACH and other electronic financial transactions.

What you'll do

• Support the processing of financial wires, ACH transfers, securities, and other electronic financial transactions.
• Perform manual wire entry and automated wire repair to comply with SWIFT, FED, CHIPS format requirements.
• Follow internal process controls and escalate payment operations weaknesses and document errors.
• Comply with all industry, federal, state, and Bank Secrecy Act regulatory requirements.
• Develop an understanding of ACH compliance issues.
• Aid in setups of cash pooling, automatic sweep, reverse sweep, and zero balance accounting.
• Assist with processing of customer lifting charges related to wire transfers.
• Support transactions activity.
• Support claims processing.
• Contribute to reporting.

What you'll need

• Degree or equivalent work experience.
• Familiarity with a business environment.
• Proficient computer and Microsoft Office skills.
• Willingness to learn commercial banking operations, bank documentation, foreign and domestic wires, ACH, and check payments, merchant processing settlement functions and other common corporate treasury services.
• Ability to learn on the job: domestic and international payments processing operations, relevant region-specific regulations, front to back payments operations processing flows, fraud, compliance, sanctions screening, banking regulations, NACHA rules, risk management and audit methodologies, fixed assets capitalization and maintenance, and reports and reconciliation processes.
• Communicates effectively.
• Is detail-oriented and focused.
• Learns while doing.
• Develops analytical, critical thinking, and decision-making skills.
• Exercises sound judgement and strives for continuous improvement.
• Demonstrates optimism, resilience, flexibility, and openness to others' ideas.
• Follows curiosity.
• Actively listens and asks thoughtful questions.
• Leverages available technology to achieve efficiency and results.
• Engages inclusively and with intent.
• Always acts with integrity.

Nice to have

• Previous study in finance or other relevant field.

Details

• Location: MUFG Global Service Private Ltd., Mumbai.