Payment Lifecycle Associate II

Job description

Join a team shaping the future of digital payments and drive your professional growth. Become a pivotal leader at the forefront of revolutionizing payment operations, where your expertise will help drive efficiency across our financial systems. As a Payment Lifecycle Associate II in the Transactions Approval Group (TAG) within Commercial and Investment Bank, you will help manage overdrafts that arise from underlying account sweep structures & issuance of returnable instruments. You will partner with Client Onboarding & Services (COS) and Credit to ensure policies, procedures, and control requirements are appropriately defined and consistently followed. TAG operates in a high-tempo, global environment, requiring adherence to multiple trade and currency cut-offs while also supporting ongoing project deliverables. Job responsibilities: - Manage cash payments and securities settlement and monitoring/approval functions that affect and control credit and intra-day exposure for a portfolio of clients, products, and currencies - Investigate overdrafts that arise on accounts due to participation in a sweep structure - Apply strong operational discipline-conduct investigations and ensure tim...