Funds Management Specialist

Job description

Candidate must reside in PA or OH to be considered. Position requires ongoing interaction with internal clients, the Federal Reserve, and correspondent banks to ensure First Commonwealth maintains established reserve, while monitoring coin and currency information, wire transfers, and international transactions. Essential Job Responsibilities__________________________________: 1. Monitors all monetary transactions with the Federal Reserve and correspondent banks by utilizing Fedline Advantage, the Federal Reserve’s Internet based platform, as needed to send and receive wire and book entry security transfers, send and receive other information relating to activity in our account at the Federal Reserve, maintain established reserves or required balances and to comply with daylight overdraft rules. 2. Enters domestic and international wires for internal departments and clients using bank software. Complies with all policies and procedures related to wire entry and processing. 3. Gathers daily statement information relating to transactions and our accounts with the Federal Reserve and correspondent banks using various electronic means. 4. Identifies and makes decisions relating to erro...