Operations Analyst - Wire Exception & Repair

Bank of America

3.2

(115)

Scranton, PA

Why you should apply for a job to Bank of America:

  • 56% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
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    Position summary

    can build a successful career with opportunities to learn, grow, and make an impact. Join us!

    Job Description:
    This job is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.

    Responsibilities:

    • Analyzing wire instructions to successfully repair complex wire payments

    • Adhering to production standards set internally within the business unit, while executing procedures and maintaining a high level of accuracy

    • Ability to learn and understand payment processing, including the lifecycle and format of a wire, the wire transfer product, and wire settlement flows

    • Ability to navigate multiple processing applications during research and exception processing

    • Assists with coordination of implementation for products, services, and operational solutions

    • Supports the design, documentation, implementation, and monitoring of new products and services

    • Provides guidance regarding procedural, technical, and operational changes

    • Expands business products knowledge within operations environment

    • Builds network by developing relationships with partners and teammates

    • Inspects data to identify issues and trends

    • Collects and interprets data to validate operational processes

    Required Qualifications:

    • Minimum of 1 year experience with Wires or research and analysis experience in a production environment

    • Ability to multitask using various systems/applications

    • Excellent time management and prioritization skills, with ability to meet deadlines under pressure

    • Strong ability to work both independently and collaboratively

    • Excellent communication/organizational skills

    • Proficient work experience with Microsoft Office Suite, especially Excel.

    • Schedule is Monday - Friday 11am - 8pm

    • Overtime as needed

    Desired Qualifications:

    • Knowledge with any of the following software is a plus: WTX, ARIES, JIRA, Intix Applications, eTask, SWIFT

    • Working knowledge of payment investigation systems

    • Financial industry experience

    • Strives to bring new thoughts and ideas to the team to drive innovation and unique solutions

    The Global Payment Operations (GPO) organization delivers global wire repair and ACH (High/Low Value) payments for internal and external bank clients and supports end-to-end payment execution and investigations for transactions initiated through various channels. The team also provides sanctions screening on transactions for multiple products, in accordance with policies established by the Global Economic Sanctions Compliance team.

    Skills:

    • Attention to Detail

    • Customer and Client Focus

    • Monitoring, Surveillance, and Testing

    • Process Performance Management

    • Research

    • Adaptability

    • Business Analytics

    • Critical Thinking

    • Reporting

    • Written Communications

    • Data Management

    • Policies, Procedures, and Guidelines Management

    • Process Design

    • Process Effectiveness

    • Strategic Thinking

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 56% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.