Funds Transfer Consultant (3-Month Temporary Assignment)

The Funds Transfer Consultant will support the Funds Transfer Supervisor in the accurate and timely processing of daily transactions and check clearing operations for our client's New York Branch. This role ensures all Pay-Thru-Correspondent (PTC) and Fedwire transactions meet deadlines and regulatory standards. The position requires full-time, on-site presence in our client's New York City office for the 3-month assignment.

Client Details

Our client's New York branch serves as a strategic hub in the bank's global operations, facilitating investment and trade flows between the Americas and the Middle East. With more than $14 billion in assets, the bank has built a long-standing reputation as a trusted financial partner to its clients for decades.

Description

• Process payments and messages (PTC, FedWire, Book Transfers, Check21, etc.) in the eGifts system.
• Perform first-level verification of OFAC and compliance-related items.
• Review and release OFAC-filtered transactions; escalate as needed to Compliance.
• Perform opening and closing duties on a rotating schedule.
• Coordinate processing priorities and support the daily workflow of Funds Transfer staff.
• Provide support and cross-training to other Funds Transfer team members.
• Refer payments exceeding thresholds to Operations Control for approval.
• Review and support all check clearing functions, including Inclear and Deposits.
• Serve as a backup for SWIFT and messaging-related activities.
• Liaise with Fedwire operations to resolve transactional issues.
• Act as back-up for the Funds Transfer Supervisor when needed.

Profile

• Bachelor's Degree.
• Must be able to work on-site in Midtown New York City 5 days per week (Monday-Friday).
• Minimum 3 years of experience in Funds Transfer, Check Clearing, or Investigations.
• Working knowledge of eGifts, SWIFT, Fedwire systems, Wit$Web, and Equation.
• Strong understanding of Funds Transfer processes and regulatory requirements.

Job Offer

The offer for the successful candidate includes a competitive pay rate for the duration of the 3-month contract with potential opportunity to extend and/or convert to a Full-Time Employee.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Requirements: