Payments Administrator

Job Description

The primary responsibility of the Payments Administrator is to process remittance related transactions through the SWIFT system, support clearing and settlement functions, reconcile electronic and manual payments, file regulatory reports, support testing for product and system changes, and open and close deposit accounts.

• Process incoming and outgoing wire payments using the SWIFT application system in accordance with the Bank’s policies and procedures.
• Monitor daily wireroom activities, flag SWIFT messages requiring action and notify the department manager.
• Create funding memo for domestic and foreign currency remittances to inform Treasury about the flows.
• Perform end‑of‑day transaction proof, checks and reconcile transactions processed in the unit.
• Prepare daily and monthly statistical reports for the department.
• Process deposit‑account related transactions including cheques, AFTs, etc.
• Open, maintain, and close deposit accounts.

• Notify front office and customers about receipt of incoming remittances.
• Perform customer call back to confirm details of remittance applications and other instructions related to deposit accounts.
• Communicate with internal departments and customers to resolve issues.

• Perform compliance and risk assessment to ensure strict adherence to the Bank’s AML and risk guidelines.
• Prepare MT199 messages for transactions received from other banks with incorrect details or AML data quality issues per the Bank’s guidelines.
• Review and repair messages processed in the Bank’s FINTRAC reporting system.
• Escalate to manager when a transaction with sanction risk or AML risk is identified.
• Prepare daily compliance‑related reports.

• Assist in UAT for new projects and products.

• Minimum 1 year of experience in accounting, banking, or finance.
• Strong leadership and analytical skills.
• Excellent communication skills, pleasant telephone manners, and ability to speak to all levels within the organization and to a diverse group of stakeholders.
• Excellent working knowledge of Microsoft Access, Excel, Word, PowerPoint, and Outlook.
• Ability to work well with others and understand customers’ needs.
• Ability to work in a fast‑paced environment.
• Quick learner with attention to detail.

• Bachelor’s degree in business or banking and finance courses, or a closely related discipline, or an equivalent combination of formal education and experience.

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch or MUFG Securities (Canada), Ltd. The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent.

The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.

Each of MUFG Bank Canada and MUFG Securities Canada is an equal‑opportunity employer. As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the Canadian Human Rights Act and the Canada Labour Code. MUFG Bank Canada does not use information about protected grounds for decision‑making purposes.

As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and require accommodation according to the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). MUFG Securities Canada does not use information about protected grounds for decision‑making purposes.