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Investigation and Reconciliation Analyst, VP

Jersey City, NJ, USA | Banking holding company

  • Industry:
    Financial Services
  • Position Type:
  • Functions:
    Financial Services Professional
    Legal / Compliance
  • Experience:
    5-7 years
Job Description:
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The Business Operations Planning Unit (BOPU) is in charge of operations and projects for ABOD, and consists of the Planning & Project Management, Investigations/Reconciliations, and Data Integrity sections.Please click on the links below for more information on each section. 


Manage the administrative functions related of the Investigations / Reconciliations Section


1) General Duties

Prepare performance reviews and goal settings for staff

Prepare vacation schedule

Ensure proper staffing

Review and revise internal operating procedures 

Perform UAT as needed

Manage Metro CARS and IntelliTracs systems

Supervise the Nostro Reconciliations and Investigations

Ensure that proper reconciliations are conducted and cases are resolved on a timely basis

Assist on difficult cases

Prepare loss reports when applicable

Approve compensation reports

Supervise and approve the administrative functions related to our Vostro accounts (Due to Banks for Mizuho Capital Markets Corp (MCMC) and other subsidiaries) and branches inter-office accounts

Monthly Service and OD Charge Summary Report

Overnight Overdraft limits

G-Base Operation for opening/closing of Vostro accounts

[MCMC only] Booking adjustment for non-receipt etc

Supervise Same Day reconcilement process

Supervise TMPG processing

Supervise and approve the administrative functions related to our Nostro accounts (Due from Banks) and branches inter-office accounts

Monthly Report of Nostro Bank Charges and Interest

G-Base Operation for opening/closing of Nostro accounts

Ensure proper handling of Cross Branch booking

GBase function

Approve general operations

Error posting report

Perform End of Day for section

Perform End of Day for IntelliTracs

Complete self-check for the section

Supervise the required reports including the proper distribution to appropriate MHBK NY Departments/units and management: 

Daily CARS and non - CARS Reconciliation Reports and Investigation Reports

Daily Open Reconciliation Items Report (Nostro & ISA)

Weekly Nostro Open Items Report over 7 days

Weekly Investigation Report

Weekly Lifting Charges Report

Monthly 30/90 Days Nostro Reconciliation Report

Monthly Investigation/Compensation report

Monthly Service Charge Report [Nostro / Vostro]

Monthly Sundry Report

Monthly Overdraft Statements [Vostro]

Monthly Dormant Account Report [Vostro]


Minimum 5 years of banking experience in Nostro Reconciliations & Investigations and/or settlements

Knowledge of Fedwire, CHIPS and SWIFT

Knowledge of BAFT - IFSA rules

An understanding of accounting (Debit and Credit entries)

Effective management skills and oral / written communication skills

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