Wire Associate

Farmers Logo 2022•Niles, OH

1d•Onsite

About The Position

Wire Associate is responsible for performing operational support duties of the Wire department. Primary responsibility will be processing incoming and outgoing wires in a high volume, time sensitive environment. Wire Associate will be responsible for utilizing automated wire transfer system to ensure all wires are processed in an accurate, timely and compliant manner.

Requirements

High School Diploma or GED
Minimum of 1 year in banking or financial services.

Nice To Haves

Work experience with FISERV Premier
Wire experience
Ability to work in a fast paced environment driven by deadlines for processing wires timely

Responsibilities

Processes and verifies incoming and outgoing domestic and international wires through applicable bank systems in accordance with all policies and procedures and wire transfer deadlines.
Process service messages and drawdowns.
Answers inquiries, resolves wire related issues, and performs other support duties to assist branches and other departments processing wires.
Performs callbacks for online initiated wires, repetitive wires and remote wires.
Follows the appropriate policies and procedures during client callbacks and other activities that involve potential risk.
Adhere to all policies and procedures related to the wire transfer processes.
Monitors OFAC details for possible OFAC violation and other unusual activity.
Report OFAC failed matches and other unusual activity to department supervisor and compliance for further review.
Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures.
Maintain compliance with all appropriate rules and regulations.
Regular, predictable attendance is an essential requirement of this position.
Availability during emergency events or requests to work late.
Complete all other duties as assigned.