Process incoming and outgoing wire payments using Bank's SWIFT application systems and in accordance with Bank's policies and procedures.
Monitor daily wireroom activities, flag SWIFT messages requiring action and notify the department manager.
Create funding memo for domestic and foreign currency remittances to inform Treasury on the flows.
Perform End of Day transaction proof, checks and reconciliation of transactions processed in the unit.
Prepare daily and monthly statistical reports for the department.
Process deposit accounts related transactions including cheques, AFTs etc.
Open, maintain, close deposit accounts
Client Experience
Notify Front Office and customers about the receipt of incoming remittances
Perform Customer call back to confirm details of Remittance Applications and other instructions related to the deposit accounts.
Communicate with internal departments and with customers for resolving issues.
Regulatory & Compliance
Perform Compliance and Risk assessment to ensure strict adherence to Bank's AML and Risk guidelines.
Prepare MT199 message for transactions received from other Banks with incorrect details or AML Data Quality issues as per Bank's guidelines.
Review and repair messages processed in Bank's FINTRAC reporting system.
Escalate to Manager when transaction with sanction risk or AML risk is identified.
Prepares daily compliance related reports.
Project Related:
Assist in UAT for new projects and products.
Requirements
The ideal candidate should have minimum 1 year's experience in Accounting or Banking and Finance.
Strong Leadership and analytical skills
A strong communications skill, pleasant telephone manners, is able to speak to all levels within the organization and to a diverse group of stakeholders.
-Excellent working knowledge of Microsoft's Access,Excel, Word, PowerPoint and Outlook.
An ability to work well with others and understand customers' needs.
An ability to work in a fast paced environment.
A quick learner and attention to details
Education:
Bachelor's degree in Business or Banking and Finance courses, or a closely-related discipline, or an equivalent combination of formal education and experience
MUFG Benefits Summary
Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.
As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.
As a provincially regulated entity, MUFG Securi
Benefits
Vision insurance
Additional Information
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Job Description
The primary responsibility of the Payments Administrator is to process remittance related transactions through SWIFT system, support clearing and settlement functions, reconciliation of electronic and manual payments and related administrative activity, filing of regulatory reports, support the testing for products and system changes, and opening and closing of deposit accounts.
Mufgub · Toronto, On, Canada