Cash Management July 2013 to CurrentMercedes Benz － Montvale, NJ
Payments Execution of payments which falls under the responsibility of Treasury.
Bank account administration opening and closing of bank accounts, updating authorized signatory list for annual audit to ensure bank documents is in line with audit requirements.
System administrator for various online banking systems(JPM Access, CashPro Online, Nova Scotia).
Responsible for user"s entitlements and user access to banking portals.
Preparation of monthly bank fees analysis using Chsapeak
Monitored internal systems for proper settlement of all FX and USD transactions.
Analyze daily cash transaction data and make appropriate cash transfers accordingly.
Monitor all the documents received the for cash management.
Determine the need for on behalf payments in case an entity is not able to do the payment to the beneficiary using the requested account.
Analyze and complete needed FX requests for the entities to ensure proper funding for a payment which is requested in a different currency than the base currency of the requesting entity.
Ensure proper and timely communication to all payment departments and provide technical support for all fund transfer related applications.
Reconciliation and Reporting of daily payment activities to ensure that all payments have been executed as requested.
Ability to work independently under high pressure and time constraints.
Provide excellent treasury services to our internal and external customers.
Assist with payment automation and the testing and implementation of system.
Cash Management Administrator June 2007 to July 2012HSBC-Alternative Fund Services － New York, NY
Prepared and processed incoming and outgoing money transfer payments for redemption and subscription.
Perform Reconciliation and monitor cash and report cash transactions and positions to the admin and prepare journal entries.
Reconciled cash accounts to the spreadsheet to ensure that accounts were balanced.
Processed transactions related to capital calls, capital distributions, investor cash and internal transfers.
Worked closely with investor services department in processing all necessary paperwork through final completion of wire settlement to ensure risk mitigation.
Prepared analytical reports on different activities.
Knowledge of AML and OFAC rules and regulations to effectively coordinate daily activities. Monitored incoming cash via our cash system. Ensured that the appropriate party is advised of any incoming cash.
Monitored internal systems for proper settlement of all FX and USD transactions. Open investigation for incoming and outgoing wires and ensured that we followed up on the investigation.
Administered daily correspondence with administrator's internal and external departments. Established excellent relationship with client's administrators and provide high quality services.
Operations Specialist III April 2004 to June 2007WACHOVIA TRUST － New York, NY
Processed NSG securities thru STN SYSTEMS. Performed Fed Procedures, DTC functions and Pair-off.
Proved PTR to Trans. Prepare T-trans balance Totals for approval, Fed Recon/buy/sell desks received the 8:30am PTR report. Processed all outgoing wires received within 24 hours.
Processed all Fed buy/sell/repo trades received within 24 hours, Respond to internal/external inquiries phone/email/fax.
Generate print additional PTR report as requested by Fed team. Prepared Fed EOD proof report for the buy/sell desk. Monitored settlement systems to ensure all payment were made in timely manner.
Operations Analyst WACHOVIA-TRUST － Carlstadt, NJ
Process international USD and foreign checks effectively by detecting validity of items and utilizing special equipment while discovering fraud and reporting suspicious activity.
Apply knowledge of regulations including but not limited to KYC, AML, and OFAC rules and regulations to effectively coordinate daily activates.
Interacted with Wachovia representative offices, branch officers, international relationship managers, country officers, operations staff and management in order to prevent financial losses due to suspicious activity.
Utilized understanding of all international check products and procedures and UCC rules and regulations to effectively handle each unique customer processing requirements and deadlines.
Performed job duties successfully through maintaining knowledge of check processing, support systems and Federal Reserve payment processing system.
Ability to manage multiple assignments and ability to meet deadlines.
Handled customer inquiries and concerns by displaying outstanding customer service skills.
Bachelor of Science : Computer Science, 2003MONTCLAIR STATE UNIVERSITY － Montclair, NJ
balance, banking, Bloomberg, cash management, Payments, clerical, customer service skills, financial, general ledger, GPS, Access, GTS, Microsoft Office Suite, reporting, securities, spreadsheet, SWIFT, Treasury.