Wire Operations Specialist

Golden 1 Talent Acquisition Team•Sacramento, CA

2d•$23 - $26•Hybrid

About The Position

Golden 1 Credit Union is among the top credit unions in the country. As a member-owned, not-for-profit cooperative, Golden 1 is guided by the credit union philosophy of “people helping people.” We are committed to empowering our members and uplifting our communities as we create a more equitable and financially inclusive California. We welcome all who embrace our Core Values. You are a detail-oriented and proactive operations professional with experience in wire processing, regulatory compliance, and member service. You excel at managing complex transactions, resolving issues with professionalism, and collaborating across teams to ensure accuracy, efficiency, and fraud prevention. Driven by continuous improvement, you leverage your analytical skills, operational knowledge, and commitment to service excellence to support organizational success and member trust.

Requirements

3+ years in a financial institution preferably with wire transfer processing experience required

Nice To Haves

Associate’s Degree in Business or Accounting/Finance. Equivalent work experience may be substituted for College degree preferred
Experience in fraud detection preferred
Senior/lead experience preferred

Responsibilities

Assist in monitoring compliance for established internal audit policies and procedures.
Ensure member inquiries and issues are researched and addressed timely and accurately.
Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
Follow multiple steps to verify all wiring instructions and confirm funds availability per procedures.
Review wires for elder abuse, fraudulent scams (such as sweet heart scams, Title company instruction hacking scams, time-share scams…etc.) and any other suspicious activities. Communicate with front line representative and/or the member to clarify wire purpose and that due diligence on the beneficiary was performed
Work closely with Financial Investigations and file reports of any suspicious activity to the fraud monitoring system
Consult with the department Supervisor and above and/or Financial Investigations on additional research on suspicious activity before the wire is released
Research and respond to escalated member/other department and branch inquiries related to wire transfers. Report member complaints per Credit Union policies and procedures.
Process and balance incoming and outgoing wire activity. Ensure all critical deadlines are met.
Prepare journal entries as needed.
Prepare and maintain department statistics and reports.
Assist supervisor with periodic system user audits requiring manager approvals.
Maintain a thorough understanding of the Federal Regulations that govern Wire Transfer transactions including, but not limited to, Reg J, Reg E Dodd Frank, bank secrecy and anti-money laundering laws appropriate to the position.
Monitor FHLB funds and complete drawdown requests as applicable
Process all Golden 1 business wires as applicable
Other duties as assigned.