GCM PROCESSING ANALYST I-5526 Job - (Livonia, MI)

GCM Analyst I, Business Finance The GCM Analyst is responsible for the trade verification and confirmation with counterparties and Comerica customers along with ensuring proper payment execution and monitoring compliance and preparing reports. Job requirements: Trade Verification & Confirmation *Critique and verify trade details, confirm details with counterparties / customers, and resolve / escalate exceptions. *Convert US Dollar transaction figures into foreign currency equivalents and vice versa. Payment Execution *Properly format payment instructions in compliance with cross border and foreign bank protocols. *Advise / negotiate required payment protocols with counterparties / customers. *Review, repair (as needed), and approve counterparty / customer payments. *Schedule and ensure receipt of payment from counterparties / customers, balance to subsystems, and resolve / escalate exceptions. Compliance *Monitor counterparty and customer credit limits and collateral requirements for compliance.