Global Capital Markets Payments and F/X Associate

Posted 5 Days Ago
Be an Early Applicant
Wilmington, DE
Mid level
Other
The Role
The role involves leading the foreign exchange and payment servicing for institutional clients, processing account setups and transactions, responding to client inquiries, maintaining accurate records, and ensuring compliance with corporate policies and risk standards while mentoring junior staff.
Summary Generated by Built In

Overview:

Leads aspects of Global Capital Markets F/X and payment servicing of institutional clients.  Supports senior account relationship managers reporting into a GCM Unit Manager. 

Primary Responsibilities:

  • Understand the Foreign Exchange process and be familiar with processing payment in various currencies.

  • Process new account setups, adjustments to existing accounts, transfers of ownership and/or formation of payments through data entry for Corporate Trust customers, ensuring timeliness and accuracy of all work.

  • Respond to client requests by phone, service ticket and email which vary in complexity for resolution 

  • Performs specific functional or operational tasks of advanced complexity transactions.

  • Carries out tasks in a timely and controlled fashion.

  • Adheres to policies and procedures for assigned functional tasks.

  • Collaborates with management, internal partners, relationship management, and transaction management to ensure proper controls are in place for assigned functional group.

  • Responsible for learning and understanding daily tasks, processes and controls for assigned functional group.

  • Escalates and resolves issues that may arise within functional area in coordination with managers and other appropriate parties (i.e. RM, TM, sales)

  • Shadows Relationship Managers or Transaction Managers for further career and knowledge development

  • Serve as client point of contact per functional role; make recommendations for services to correct and/or enhance the client experience.  Resolve problems and respond to client requests in a timely manner.

  • High level knowledge of and developed skillsets in functional capabilities (e.g., payments) for applicable products.

  • Manage relationships with internal and external service partners and clients; assess issues requiring immediate attention in a timely manner and drive the resolution of identified issues through the normal course of business utilizing available resources. 

  • Demonstrate an in-depth knowledge of corporate policies and procedures related to the administrative role.

  • Provide and maintain appropriate levels of controls to minimize losses.

  • Provide effective support, coaching and/or mentoring of any assigned team associates.

  • 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 diversity and reflects the M&T Bank & WTNA 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 works under supervision and will provide support to less experienced personnel.  This position will be responsible for F/X and payments.  The Payments functional team is responsible for ensuring that GCM payments are processed accurately and in a timely manner.  A Payments CA (Client Administrator), is responsible for:

  • Inputting payment details into applicable GCM systems (e.g., Total Cash, Correspondent Banks, LUNA, TranStar, LoanIQ)
  • Establishing payment templates for transactions (e.g., ACH, checks, wires)
  • Validating and authenticating wire instructions per governing documents
  • Escalating identified payment issues to management

Education and Experience Required:

  • Associate’s degree and a minimum of 3 years relevant experience or in lieu of a degree, a combined minimum of 5 years higher education and/or related work experience.
  • Experienced in processing new account setups, adjustments to existing accounts, transfers of ownership and/or formation of payments through data entry for Corporate Trust customers
  • Strong problem-solving skills
  • Strong written and verbal communication skills
  • Strong Customer Service skills
  • Prior experience operating in a team environment
  • Experience using pertinent word processing and spreadsheet software
  • Willing to work a flexible schedule as needed

Education and Experience Preferred:

  • Bachelor’s degree in Business, Finance or Accounting
  • Understand the Foreign exchange process and be familiar with processing payment in various currencies
  • Ability to work under time constraints
  • Online application support experience
  • Knowledge of Bank systems
  • Knowledge of Bank culture
  • Detail-oriented

#LI-LA1

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $27.24 - $45.40 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.Location:Wilmington, Delaware, United States of America

The Company
HQ: Spring, TX
10,001 Employees
On-site Workplace

What We Do

Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, the Company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins. Waste Connections serves more than six million residential, commercial, industrial, and exploration and production customers from a network of operations in 39 states, six provinces and the District of Columbia. The Company also provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.

Our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. We seek to avoid highly competitive, large urban markets and target markets where we can provide either non-integrated or integrated solid waste services under exclusive arrangements, or markets where we can be integrated and attain high market share. We are a leading provider of solid waste services in most of our markets, and approximately 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our waste services.

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