• 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
• 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.
• 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.
• Assist in UAT for new projects and products.