Electronic Payment Associate - Wire

Come work with us:
Metropolitan Commercial Bank (the "Bank") is a New York City based full-service commercial bank that provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities. The Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
For more information, please visit the Bank's website at MCBankNY.com.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. The Bank finished ninth in S&P Global Market Intelligence's annual ranking of the best-performing community banks with assets between $3 billion and $10 billion for 2022 and eighth among top-performing community banks in the Northeast region for 2022.
About the role:
The job holder performs a variety of integral and unsupervised responsibilities within the Operations Department, focused primarily on transaction control, reconciliation, and reporting.
Duties and responsibilities of the job include the following (but is not limited too):

• Process incoming / outgoing wire transfers including foreign wires.
• Performing wire verification for outgoing wires (i.e.: call backs).
• Verifying the existence of a facsimile agreement when needed.
• Review and clear OFAC hits in wire system.
• Performing verification of account titles and account numbers to wire beneficiary.
• Blocking foreign wires on accounts that are ineligible to receive foreign wires.
• Oversee the Resident Banking-Health Care System.
• Import the daily informational file, completing new enrollments, supporting the maintenance process for rejected or erroneous entries as necessary.
• Return ACH entries as instructed by the Health Care Administrators due to death of participant or ineligible benefits.

Secondary Duties and Responsibilities include the following:

• Complete client ACH risk assessments.
• Process ACH transactions when needed.
• Cash letter adjustments and exception resolution.
• Review & process reclamations, POA's; send emails to the nursing homes and Global Payments Clients and follow-up.
• Review deposits on Source Capture system.
• Aide the contact center in answering call when shorthanded or times of large call volume.

Preferred experience, education, and qualifications:

• At least 5 years banking experience, particularly in Wire transfer and ACH processing and related products/procedures experience and knowledge.
• Prefer bachelor's degree or equivalent work experience in the field of banking or finance.
• Working knowledge and understanding of federal/state laws regarding bank operations.
• Ability to operate banking software and other general office equipment.
• Able to work with minimal direction, demonstrate proactive problem-solving ability, deal with time pressures and changing priorities.
• Strong organizational, verbal, and written communication skills.

Potential Salary: $65,000- $75,000 annually
This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.