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Payment Processing Specialist

Jersey City, NJ 07311

Posted: 05/25/2023 Employment Type: Contract Job Category: Accounting & Finance Job Number: 567994 Country: United States Is job remote?: No

Job Description

Payment Processing Specialist
6-month contract
Jersey City, NJ
Must Haves:
  • Bachelor's degree or equivalent work experience 
  • Detail Oriented
  • Strong Computer Skills
Job Description/Summary:
The Payment Processing Specialist is responsible for processing various currency payment instructions in accordance with Firm policy and procedure. Payment instructions may be a manual instruction such as fax or an automated instruction such as swift or our worldview. S/he will be responsible for entering/verifying manual instructions or repairing/verifying automated instructions in a fast paced and deadline driven environment while ensuring standards of quality and controls are met. Finally, at times, s/he will need to process/research the instructions in the Keystone system as well as respond to internal inquiries from Account Executives and internal areas.

  • Demonstrate quality working relationships with others in the group as well as internal parties.
  • Demonstrate responsiveness to client needs and a proactive approach toward problem avoidance
  • Communicate professionally and constructively with team members as well as clients and internal parties
  • Demonstrate and display teamwork with fellow co-workers by: assisting in daily responsibilities, valuing differences, building positive work relationships and demonstrating flexibility.
  • Identify, escalate and communicate risks appropriately
  • Ensure all instructions are appropriately processed in a timely and accurate manner while adhering to company policies and procedure and the various processing deadlines.
  • Escalate unclear instruction to management
  • Making recommendations for control improvements
  • Promptly and accurately follow new or updated procedures
  • Help reduce number of errors, receivables and E&O's by suggesting control procedures or introducing automation.
  • Demonstrate responsiveness to inquiries by responding to in a timely manner with thoughtful solutions which prevent problems and provide quality service
  • Seek to understand all processes, procedures and practices; challenge those that don’t make sense
  • Identify opportunities to improve the FT payment processing
  • Identify and escalate manual instruction that has potential for automation or non-STP’d automated instruction with incorrect formatting in order to increase STP rate
  • Optimize productivity, while balancing the need to meet each client’s deadlines

  • Excellent oral and written communication skills
  • Strong customer service skills
  • Strong Organizational Skills
  • Ability to work effectively in a fast paced deadline driven environment
  • Detail oriented
  • Able to work in a team environment and independently
  • Strong typing skills
  • Knowledge of USD and Foreign Currency Payment Processing, Keystone & RightFax a strong plus
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