MUFG Union Bank Transaction Banking Specialist II in Jersey City, New Jersey
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Transaction Banking Specialist II
To assist the section in achieving its objectives, the Incumbent is responsible for performing the Proof and Reconciliation, and Undeliverable Mail functions. These functions contain responsibilities that are highly ‘time sensitive’ and require meticulous record keeping. The Incumbent is expected to reconcile and resolve any discrepancies, and to provide Management with the details necessary for minimizing exposure.
- Proof and Reconciliation
Reconcile Mellon Bank (Controlled Disbursement and Lockbox) accordingly to given reports, ensure the accounts are properly entered, and resolve all discrepancies in accordance with established procedures.
Reconcile the ‘in house’ Bank accounts and resolve all discrepancies in accordance with the established procedures.
Make necessary adjustments in accordance with authenticated instructions and ensure the accounts are properly settled.
Ensure all documents to Head Office are in compliance with their regulations.
Process Proof & Control Proof
Process ACH WIP & UB Proof
Process New York, Chicago, and Los Angeles Inclearing Proof daily
- Fee Processing
Responsible for processing transactions based on instructions from Front Office and Internal Departments.
Ensure that the instruction received is entered into the OVS System correctly and in a timely matter.
Responsible for the opening and closure of Investigations received by MUFG branches.
Review and process internal and external Customer’s claims, ensuring that adjustments are executed in accordance with procedures and applicable internal regulations.
Log each Investigation daily and the reconciliation of Federal Reserve Bank, and other bank’s discrepancies in accordance with established procedures
- Quality Control
- Foster and maintain emphasis on our “Power of Teamwork” - BEST ongoing initiative. Document accomplishments.
- Undeliverable Mail
Redirect Mail that has been returned to our NJ/NY mailroom as undeliverable mail.
Minimum 1-2 years back office operations experience.
Proficiency in MS Word and Excel.
Strong Accounting Skills
Education: High School Diploma
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
Job: *Transaction Banking
Title: Transaction Banking Specialist II
Location: NEW JERSEY-Jersey City
Requisition ID: 10014662-WD