Bank Verification Specialist

Purpose:

The Bank Verification Specialist is responsible for validating and maintaining accurate banking information for vendor and customer accounts. This role plays a critical part in safeguarding financial transactions ensuring compliance with Governance and SOPs and preventing fraud.

Responsibilities:

• Perform detailed analysis of each bank change or creation request to ensure it complies with Vendor Master Governance policies and internal controls.
• Conduct due diligence checks to confirm accuracy legitimacy and completeness of financial information.
• Verify and validate bank account details for third-party partners suppliers and customers mostly US based but also some international parties.
• Review and process banking change requests ensuring proper documentation approvals and adherence to standards.
• Collaborate with Accounts Payable Procurement and Compliance teams to resolve discrepancies and enforce data governance standards.
• Monitor and flag suspicious activities or potential fraud risks related to banking data.
• Maintain up-to-date and accurate vendor banking records in ERP systems (e.g. SAP Oracle).
• Ensure adherence to internal controls SOX compliance and global regulatory requirements.
• Support internal and external audits by providing required documentation and analysis.
• Assist in continuous improvement of verification processes controls and Vendor Master Governance practices.

Qualifications :

Required Qualifications

• Bachelors degree in Finance Accounting Business Administration or related field preferred. 
• 2 years of experience in bank verification accounts payable or financial operations.
• Familiarity with Vendor Master Data processes and governance frameworks.
• Knowledge of banking regulations KYC (Know Your Customer) and fraud prevention practices.
• Experience working in a multinational or regulated industry (pharmaceuticals preferred).
• Proficiency in ERP systems (DSP/SAP) and Microsoft Office Suite (Excel Word).
• Strong attention to detail and analytical skills.

Preferred Skills

• Knowledge of global payment methods (SWIFT IBAN ACH etc.).
• Experience handling vendor master data and governance controls.
• Ability to work in a fast-paced cross-functional global environment.
• Strong communication skills and ability to interact with international stakeholders.

Key Competencies

• Integrity and confidentiality
• Risk awareness and compliance mindset
• Problem-solving and critical thinking
• Organizational and time management skills

Additional Information :

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: 

• The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location and we may ultimately pay more or less than the posted range. This range may be modified in the future. 
• We offer a comprehensive package of benefits including paid time off (vacation holidays sick) medical/dental/vision insurance and 401(k) to eligible employees.
• This job is eligible to participate in our short-term incentive programs. 

Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of  any bonus commission incentive benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole and absolute discretion unless and until paid and may be modified at the Companys sole and absolute discretion consistent with applicable law. 

AbbVie is an equal opportunity employer and is committed to operating with integrity driving innovation transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled. 

US & Puerto Rico only - to learn more visit  & Puerto Rico applicants seeking a reasonable accommodation click here to learn more:

Work :

No

Employment Type :

Full-time