Wire Transfer Department Specialist I

S&T Bank • Longview, TX

6d • $15 - $26 • Onsite

About The Position

Performs various administrative and clerical duties related to the processing of wire transfers.

Requirements

• Requires a high school diploma or equivalent.
• One to two years general experience

Responsibilities

• Balances and processes transactions to the general ledgers for JP Morgan, BNY Mellon, Federal Reserve, and other general ledger accounts.
• Processes incoming domestic and international wires to be credited to Bank and customer accounts, using the FIS eWire system, as outlined in departmental procedures.
• Accepts outgoing domestic and international wire requests (both one-time and repetitive) from clients and authorized employees via phone, electronic workflows, and online banking. Instructions are entered into the FIS eWire system for verification before processing.
• Create and deliver international wire disclosures to be approved by consumers prior to sending international transfers, as required by regulation.
• Performs verification and maintenance for outgoing domestic and international wire transfers (both one-time and repetitive) initiated by customers in person at retail locations.
• Completes the secondary review of electronic wire transfers initiated via Business Online Banking to ensure control processes are done.
• Performs all wire transfer tasks in compliance with Wire Transfer Policy #818, Corporate Procedure #110, and departmental procedures.
• Performs settlement processes for incoming and outgoing domestic and international wire transfers in compliance with department procedures.
• Monitors compliance with OFAC utilizing the FIS eWire system.
• Aids in the investigations of lost/missing wires.
• Supports other members of the wire team and Financial Intelligence Group with the verification and tracking of investigation wires.
• Maintains list of employees authorized to transact and verify customer wire transfers, assigns PINs, and retains documentation.
• Maintains files for wire transfer agreements, repetitive wire transfers setups and assignment of passcodes in archive system.
• Contributes to the process of updating of operating control procedures/policies to provide effective control over the Wire Transfer Department functions.
• Work with Finance daily to maintain the Federal Reserve requirements so full utilization of the reserve link process can be achieved.
• Completes secondary review of correspondent account reconcilement documents.
• Maintain a monthly production tracking log to be used for tracking departmental productivity.
• Maintains a good working relationship with bank employees.
• Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.
• Participate in periodic fraud training with Security, including identifying red flags and phone fraud trends.
• Provide support to clients and authorized employees with inquiries related to wire transfer processes.
• Support newly hired Wire Transfer employees on all Wire Transfer Department products/procedures/policies.
• Performs additional duties as required.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees