Banking Services Operations Associate IV

BankingServicesOperationsAssociateIV-PaymentServicesTelephoneUnit

$0–0k Amherst, New York, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Banking Services Operations Associate IV - Payment Services Telephone Unit at Banking Services Operations Associate IV. Skills: wire transfer repairs, regulatory review and reporting, advanced account reconciliation, procedure writing and maintenance, domestic and international wire troubleshooting, monitoring overdraft transactions, processing incoming wire transactions, return of erroneous incoming wires, processing and verifying customer wire templates, advanced account reconciliations, regul”

What You'll Achieve.

ensure accurate and timely transfer of funds; ensure compliance with Federal regulations and Bank policies; promote effective training and compliance with Bank policies; timely implementation of internal and external audit points

Industry & Context.

Problems you'll solve

specialized research; wire troubleshooting; resolve problems

What They're Looking For.

Must Have

3 years’ general work experience

Nice to Have

1 years’ Bank operations experience, Some college experience

What You'll Do.

Completes non-standard and complex wire transfer repairs

requiring specialized research and processing from multiple wire system transaction queues.

Completes regulatory review and reporting

advanced account reconciliation

along with procedure writing and maintenance.

Research and complete complex wire-related transactions on a daily basis to ensure accurate and timely transfer of funds

inclusive of engaging in domestic and international wire troubleshooting

monitoring overdraft transactions

processing incoming wire transactions

including return of erroneous incoming wires

processing and verifying customer wire templates and completing advanced account reconciliations.

Review and process regulatory reports and departmental application re-certifications to ensure compliance with Federal regulations and Bank policies.

Execute system and physical security validations on an annual basis

using SWIFT Customer Security Program control guidelines.

Monitor internal and external departmental email mailboxes on a daily basis

seeking to answer customer inquiries and resolve problems in a timely manner.

Write and maintain department operational procedures to promote effective training and compliance with Bank policies.

Understand and adhere to the Company’s risk and regulatory standards

policies and controls in accordance with the Company’s Risk Appetite.

Identify risk-related issues needing escalation to management.

Maintain M&T internal control standards

including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

Complete other related duties as assigned.

How You'll Work.

Team & Collaboration

routinely collaborates with representatives from Payment Services’ alternate location; participates in departmental cross-training and job shadowing efforts

Communication Scope

answering customer inquiries; resolving problems

Full Job Description

# **Overview:** Completes non-standard and complex wire transfer repairs, requiring specialized research and processing from multiple wire system transaction queues. Completes regulatory review and reporting, advanced account reconciliation, along with procedure writing and maintenance. ## **Primary Responsibilities:** * Research and complete complex wire-related transactions on a daily basis to ensure accurate and timely transfer of funds, inclusive of engaging in domestic and international wire troubleshooting, monitoring overdraft transactions, processing incoming wire * transactions, including return of erroneous incoming wires, processing and verifying customer wire templates and completing advanced account reconciliations. * Review and process regulatory reports and departmental application re-certifications to ensure compliance with Federal regulations and Bank policies. * Execute system and physical security validations on an annual basis, using SWIFT Customer Security Program control guidelines. * Monitor internal and external departmental email mailboxes on a daily basis, seeking to answer customer inquiries and resolve problems in a timely manner. * Write and maintain department operational procedures to promote effective training and compliance with Bank policies. * Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. * Promote an environment that supports belonging and reflects the M&T Bank brand. * Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. * Complete other related duties as assigned. ## **Scope of Responsibilities:** This position completes assigned responsibilities under moderate supervision, and is expected to exercise sound judgment while servicing internal and exte

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