Clearing Officer NYC

New York City, NY - USA

Monthly Salary: Not Disclosed

Posted on: 21 hours ago

Vacancies: 1 Vacancy

Job Summary

JOB DESCRIPTION

Job Title: Clearing Officer

Department: Clearing Division

Classification: Exempt

Reports to: Clearing Manager

Summary:

Communication with head office on core systems upgrade. Responsible for the work flow of the department with senior management on departmental needs. Carries out responsibilities in accordance with the

organizations policies and applicable laws.

Essential Functions:

Responsible for Banks clearing business clearing strategy clearing compliance management revision of policies and procedures and improvement of internal controls;
Responsible for the establishment development and improvement of clearing-related systems;
Assist to establish develop and implement the risk-based processes and procedures designed toMonitoring Phase 2 for RDFI ACH Credit Monitoring;
Responsible for the development of clearing network and channels maintaining a regular communicative relationship with the agent banks;
Responsible for studying the regulatory standards and development trends of the clearing industry and planning the long-term development strategy of the Banks clearing business;
Responsible for reporting and communicating with the Head Office on relevant work;
Responsible for the coordination and execution of regulatory reporting internal and external audits and other related matters;
Assist manager with day-to-day supervision of Clearing Division ensuring proper execution of processing as well as general efficient operations
Responsible for other tasks related to the operational management as requested by the Head of Operations.
Perform other duties as assigned.

Competencies:

In order to perform the job successfully an individual should demonstrate the following competencies:

1. Reliability and Punctuality

2. Adaptability

3. Interpersonal Skills

4. Ability to perform services in person from a Bank office or branch to among other things access the

-workers.

Physical Demands:

This is largely a sedentary role requiring use of typical office equipment such as a computer

laptop and cell phone. Work is completed in person in an office environment. Walking around the

office and talking to employees and supervisors is also required.

Appropriate reasonable accommodations that do not cause undue hardship will be made to

enable qualifying individuals with disabilities to perform the essential functions of the job.

Required Education and Experience:

Bachelors degree (BA. or BS) from a four-year college or university.

Five to seven years of related experience and training.

Have strong organizational and coordination skills system development &

implementation experience or project management

Knowledge of the payments industry.

Background and experience in bank operations remittance and ACH and check processing.

Additional Qualifications:

To perform this job successfully an individual must be able to perform each essential duty

satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability

required. Reasonable accommodations may be made to enable individuals with disabilities to perform

the essential functions

Language/Communication Skills

Ability to read and comprehend English short correspondence and memos. Ability to write routine

reports and correspondence. Have strong ability to write materials in Chinese and fluency in

Mandarin. Able to speak effectively before employees of the organization.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of

activities duties or responsibilities that are required of the employee for this job. Duties

responsibilities and activities may change at any time with or without notice. It is understood and

agreed that the employee may be required to perform additional duties as assigned by the employees supervisor or manager.

Required Skills:

5-7 years. Banking. Fluent in Mandarin Chinese. Summary: Communication with head office on core systems upgrade. Responsible for the work flow of the department with senior management on departmental needs. Carries out responsibilities in accordance with the organizations policies and applicable laws. Essential Functions: Responsible for Banks clearing business clearing strategy clearing compliance management revision of policies and procedures and improvement of internal controls; Responsible for the establishment development and improvement of clearing-related systems; Assist to establish develop and implement the risk-based processes and procedures designed toMonitoring Phase 2 for RDFI ACH Credit Monitoring; Responsible for the development of clearing network and channels maintaining a regular communicative relationship with the agent banks; Responsible for studying the regulatory standards and development trends of the clearing industry and planning the long-term development strategy of the Banks clearing business; Responsible for reporting and communicating with the Head Office on relevant work;

Required Education:

College degree.

JOB DESCRIPTIONJob Title: Clearing OfficerDepartment: Clearing DivisionClassification: ExemptReports to: Clearing ManagerSummary:Communication with head office on core systems upgrade. Responsible for the work flow of the department with senior management on departmental needs. Carries out responsib...