Wire Transfer Specialist

Five Star Bank • Warsaw, NY

17h • Hybrid

About The Position

The Wire Transfer Specialist is responsible for processing incoming and outgoing wires, complying with the Bank Secrecy Act (BSA) and Anti-Money Laundering regulations, confirming both Originator and Recipient through the Office of Foreign Asset Controls (OFAC). This position also works closely with Five Star Bank’s Treasury department, timely communicating any large dollar wires that may affect the cash position of the Bank.

Requirements

• High School Diploma
• 1+ year of Banking experience
• Effective communication skills both, verbal and written
• Strong organizational skills with the ability to multitask and prioritize to meet assigned deadlines
• Dependable in meeting regular attendance requirements and schedules established for the department
• High level of attention to detail to ensure accuracy
• Responds to requests in a timely and professional manner while maintaining a focus on customer needs
• Experience with Windows-based PC’s and Microsoft Outlook with ability to learn new and existing banking software

Nice To Haves

• N/A

Responsibilities

• Processes requests for incoming and outgoing wire transfers directly from contractual customers and from other areas of the bank including the Retail Branch network, on behalf of customers ensuring accuracy of required documentation and in accordance with Federal regulations and established departmental policies and procedures.
• Process all incoming, outgoing domestic & foreign wire transfer requests utilizing Fed Direct software and Jack Henry Direct Line Wire application.
• Monitors outgoing wires submitted through the Digital Banking platform daily and ensures accuracy of required documentation in accordance with Federal regulations and established departmental policies and procedures
• Maintains and balances daily wire logs relating to domestic and foreign wire transfers for audit purposes and Treasury Department requirements
• Prepares and submits all end of day entries to the appropriate general ledger accounts for individual foreign wire transactions
• Responsible for retention and safekeeping of wire forms and current lists of bank authorized signers
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.
• This job description is not exhaustive. The [Job Title] may be required to perform other duties as assigned, including supporting other talent development and planning work that supports the business success.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Benefits

• Medical, Dental, and Vision Insurance
• Health Savings Account
• Flexible Spending Account(s)
• Company Paid Life Insurance, Long-Term Disability, and Short-Term Disability
• Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity, Legal Insurance & Personal Accident
• Tuition Reimbursement
• Employee Referral Program
• Wellness Reimbursement Program
• Star Volunteer Program
• Employee Banking and Financial Perks
• Flexible Hybrid Work Schedule
• Paid Time Off (PTO)
• Company Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED