Wires Analyst

ServisFirst Bank•Birmingham, AL

1d•Onsite

About The Position

The Wires Analyst is responsible for processing incoming and outgoing wire transfer payments for the Bank. This position researches and responds to any wire related inquiries received from customers or financial institutions and follows loss prevention procedures for all incoming and outgoing wires.

Requirements

4 Year degree in Business or related or Three (3) years of related experience in Banking Operations, demonstrating progressive growth
Experience using Microsoft Outlook, Word and Excel
Knowledge of Bank operations and products
Knowledge of the unclaimed property laws of the states in which we do business and insure that all requirements are met.
Knowledge of basic accounting, as demonstrated in previous experience reviewing account information to research and monitor accounts
Excellent customer service experience, including researching and resolving issues
Excellent analytical, time management, organizational and problem-solving skills with the ability to multi-task and produce error-free work in a deadline-driven environment.
Basic knowledge of related federal and state banking compliance regulations and other Bank operational policies

Nice To Haves

Experience with SWIFT messaging system preferred

Responsibilities

Review wire documentation for completeness and accuracy, ensuring all wires have been properly authorized by working with other departments to authenticate wires with the originator.
Follow security and operational control procedures for the wire transfer systems.
Ensure all outgoing wires are processed within the established wire procedures and controls.
Closely monitor all outgoing wires for potential fraud. Notify potential suspicious activity to the BSA/AML Officer. Adhere to bank policies and procedures regarding risk of wires received through online banking platform.
Verify customers through OFAC for possible suspect matches.
Reconcile wire systems at the end of the day to ensure accuracy of balances and posting of wires.
Complete online wire set ups as follows: set-up customer wire templates, customer call-back verification agreements, and wire notification by e-mail or fax.
Review ACH reports received from online customers and place holds on customer accounts in a timely manner.
Prepare various spreadsheet and database reports according to prescribed schedules and procedures.
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies.