Payment Lifecycle Associate II

Join a team shaping the future of digital payments and drive your professional growth. Become a pivotal leader at the forefront of revolutionizing payment operations, where your expertise will help drive efficiency across our financial systems. As a Payment Lifecycle Associate II in the Transactions Approval Group (TAG) within Commercial and Investment Bank, you will help manage overdrafts that arise from underlying account sweep structures & issuance of returnable instruments. You will partner with Client Onboarding & Services (COS) and Credit to ensure policies, procedures, and control requirements are appropriately defined and consistently followed. TAG operates in a high-tempo, global environment, requiring adherence to multiple trade and currency cut-offs while also supporting ongoing project deliverables. Job responsibilities Manage cash payments and securities settlement and monitoring/approval functions that affect and control credit and intra-day exposure for a portfolio of clients, products, and currencies Investigate overdrafts that arise on accounts due to participation in a sweep structure Apply strong operational discipline-conduct investigations and ensure timely outreach to COS & Credit- to manage and mitigate credit exposures Understand and execute required operational control procedures Support management-directed projects aligned to TAG's core responsibilities (e.g., contributing to the development of Global Funds Control (GFC), Custody Credit Engine (CCE), Integrated Credit Risk Desktop (iCRD), and other credit control systems). Serve as a subject matter expert on funds-control payment systems and related processes. Required qualifications, capabilities, and skills 8 years of experience working in Risk & Controls or Banking/Payment Operations or Client Service or Product Management Prior experience and proven ability to communicate effectively and confidently with senior management Expertise in Microsoft Applications (especially PowerPoint and Excel) and experience using SharePoint Self-Starter, capable of working independently, making decisions using a risk and control mindset Proven track record of multi-tasking in a time sensitive environment Quick learner and strong interpersonal and team working skills Open attitude towards sharing ideas and knowledge with appropriate partners/stakeholders A proactive approach to problem solving and taking ownership of issues Preferred qualifications, capabilities, and skills Knowledge of cash management products, payment systems, Securities clearing/processing and settlements