PAYMENT ANALYST

Responsibilities

• Execute and support foreign currency wire payment processing activities, including SWIFT-based transactions for global clients
• Perform Prep, Process, Review, and Verification functions for incoming and outgoing wires across multiple branch locations
• Validate payment instructions, supporting documentation, and approvals to ensure completeness and accuracy prior to release
• Review and process FX contracts, vouchers, and related funding components
• Review, approve, and validate bank charges (lifting, BBK, repair) and ensure accurate recording and reconciliation
• Ensure adherence to regulatory requirements including OFAC, BSA guidelines, and internal controls
• Investigate and resolve processing exceptions, delays, and pending items
• Maintain strict compliance with information security and data protection standards
• Provide guidance, training, and operational support to offshore teams on remittance processing and charge handling
• Support procedure updates, process enhancements, and audit or regulatory review activities

Requirements

• 3–5 years of experience in Money Transfer / Payments Operations
• Experience in foreign currency wire remittance processing for corporate and institutional clients
• Hands-on knowledge of SWIFT ISO formats including pacs.008, pacs.009, pacs.009 COV, and pain.001
• Experience handling incoming and outgoing cross-border wire payments and related processing workflows
• Working knowledge of bank charges (lifting, BBK, repair) and reconciliation processes
• Understanding of regulatory requirements including OFAC and BSA-related controls
• Experience supporting offshore operations or distributed payment teams preferred
• Background in Financial Services / Banking Operations preferred

Qualifications

• Strong understanding of foreign currency wire remittance operations, including: SWIFT ISO payment processing (pacs.008 / pacs.009 / cover payments)
• Incoming and outgoing cross-border wire flows
• FX contract processing and voucher validation
• Familiarity with: End-to-end wire processing lifecycle (Prep, Process, Review, Verification)
• Payment systems such as GPP, SAMH, OVS (or equivalent)
• Bank charge handling (lifting charges, BBK, repairs)
• Reconciliations, debit/credit postings, and monthly charge invoice validation
• Exception handling, queue management, and pending item resolution
• OFAC and sanctions screening requirements, including Hot Scan processes
• Information Security Standards and Procedures (ISSP) and data handling controls

Skills

• Strong understanding of foreign currency wire remittance operations, including: SWIFT ISO payment processing (pacs.008 / pacs.009 / cover payments)
• Incoming and outgoing cross-border wire flows
• Familiarity with: End-to-end wire processing lifecycle (Prep, Process, Review, Verification)
• Payment systems such as GPP, SAMH, OVS (or equivalent)
• Bank charge handling (lifting charges, BBK, repairs)
• Reconciliations, debit/credit postings, and monthly charge invoice validation
• Exception handling, queue management, and pending item resolution
• OFAC and sanctions screening requirements, including Hot Scan processes
• Information Security Standards and Procedures (ISSP) and data handling controls

Benefits

The typical base pay range for this role is between $61K - $77K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below. MUFG Benefits Summary