Electronic Funds Transfer Coordinator: A description for the electronic funds transfer coordinator job

Clerical And Sales Jobs » Computing And Account Recording Jobs » Accounting And Statistical Clerks » Electronic Funds Transfer Coordinator

Electronic Funds Transfer Coordinator: Compiles and reconciles data involving electronic transfer of funds to maintain accounting records: Examines electronic funds transaction entries on documents, for example bank statements and printouts, for completeness and accuracy. Adds debits and credits, using adding machine or calculator, to ensure that figures balance. Identifies and corrects errors or calls customers, other bank personnel, or personnel from other financial institutions, for example correspondent banks, Automated Clearing House, or Federal Reserve Bank, to obtain information needed to reconcile differences. Posts transaction data to specified accounts, using ledger sheets or computer. May also prepare checks to deposit funds in specified accounts. May also transmit funds between specified accounts by wire [WIRES-TRANSFER CLERK (financial industry) 203.562-010].

Job industry: financial industry

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