Processes high-volume incoming and outgoing wire transfers with accuracy and efficiency. Verifies wire instructions, monitors wire systems, produces reports, communicates discrepancies, and reviews OFAC hits. Ensures transactions comply with BSA, AML, OFAC, federal regulations, and departmental procedures. Provides internal support, assists with customer requests, and supports the Wire Transfer Manager in a fast-paced banking environment.
JOB SUMMARY: Responsible for performing operational duties in the Wire Transfer Department. The Wire Transfer Specialist will process incoming and outgoing wire transfers in a high volume, time-sensitive environment with emphasis on accuracy and production. This candidate will process wire transfer transactions originating from clients and internal bank sources and ensures that all wire transfers are processed and transactions are in compliance with federal regulations such as the Bank Secrecy Act (BSA), the Anti-Money Laundering (AML) law, and the US Department of Treasury Office of Foreign Assets Control (OFAC) and also adheres to department guidelines, policies and procedures while providing support and assistance to the Wire transfer Manager.
- Monitor wire system to produce accurate messages and reports.
- Communicate any discrepancies to the Wire Manager
- Handle high volume of wire processing accurately and efficiently under intense time pressure.
- Verify wire instructions against outgoing wire requests.
- Adhere to established policies and procedures.
- Handle internal requests and assist other business units with external customer requests.
- Review and process OFAC hits according to established guidelines.
- Excellent PC skills.
- Well organized and attention to detail.
- Ability to perform high volumes of work while maintaining a high level of accuracy and service.
- Prompt and excellent problem solving and analytical skills.
- Ability to perform successfully in fast paced high pressure environment.
- Ability to be cross trained on designated essential funds transfer job functions.
- Ability to perform multiple functions.
- Ability to work in a team environment.
- High school diploma or equivalent required.
- 0-2 years of experience in a wire transfer function or regulated banking industry function required.
- 0-2 years of experience with Fedline Advantage Wire System preferred.
Community Federal Savings Bank New York, New York, USA Office
New York, NY, United States
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