FX Payments Officer

FX Payments Officer, HSBC Technology & Services (USA) Inc., Buffalo, NY:

Processing payments of all forms (FED, SWIFT, ISO, ACH, CHIPS) both creation and verifier. Maintain and monitor FX deals to ensure proper settlement, execute FX Trade with a wire. Maintain a daily log of all deals, transfers and payment orders. Responsible for booking and settling FX currency trades. Support all currency payment teams onshore and offshore to resolve issues submitted, as well as the Investigation team. Responsible for effective implementation of new procedures, systems, process changes, and initiatives impacting the payment operations in general. Provide oversight for the Offshore GSC teams, escalate to management accordingly. Assisting in payment investigations. Deal directly with internal clients and business areas either by telephone, electronically, or face to face. Daily review and verification of the Nostro, TLM reconciliation, and balances. Investigate overdrafts in clients DDA and Nostro accounts. Assist management with identifying process improvements and workflow changes to improve customer experience and process efficiencies. Verification and release of all payment entries done on the payments systems. Support and provide a high level of quality service to Relationship managers / Front Office. Provide adequate training for the staff. Responsible for determining the correct actions to reduce operational risks related to day-to-day functions.

Telecommuting permitted up to 3 days per week.

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Full time employment, Monday – Friday, 40 hours per week. Pay Range: $75,008.60 - $85,008.60 per year.

MINIMUM REQUIREMENTS:

Must have 3 years of work experience in:

• Payment operations industry.
• Payment systems such as, SWIFT, ACH, FED, CHIPS and ISO, to enter and release all payment types. 
• Foreign exchange both from the operations and trading, and settlements.
• Processing settlements and reconciliation for trades.
• Entering and reading foreign currency payments and currency conversion trades.
• Bank operations with payments, foreign exchange, and Middle Office capacity.

Must have 2 years of experience in collaborating with offshore teams across multiple time zones to ensure alignment in daily operations, governance, and execution of activities, while also providing training and support to Global Service Centers (GSCs).

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In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in  the U.S. as HSBC will not engage in immigration sponsorship for this position. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a competitive benefits package including a robust Wellness Hub, in a welcoming, diverse, and inclusive work environment. You will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.  We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!