Wire Transfer Specialist

We are seeking a detail-oriented Wire Transfer Specialist responsible for processing incoming and outgoing wire transfer payments for the bank. This role involves researching inquiries from other financial institutions and ensuring all wire transfer transactions comply with regulatory requirements and company policies. The specialist will also prepare and record journal entries and adhere to the Agency’s internal control over financial reporting program.

Essential Duties and Responsibilities:

• Perform daily wire transfer functions to meet administrative, operational, and compliance goals.
• Process incoming and outgoing wire transfers (domestic and international) accurately and timely.
• Initiate, verify, and release wire payments to and from the Federal Reserve System and correspondent banks.
• Input wire transfer payments and messages into the Agency’s core system.
• Verify OFAC compliance on all incoming and outgoing wire transfers; escalate true matches to the Compliance department.
• Notify respective departments of incoming and outgoing wire transfers for customer follow-up.
• Ensure compliance with all bank and regulatory standards; report suspicious or unusual activity immediately.
• Participate in required training and adhere to regulatory requirements, including BSA, AML, CIP, and OFAC.
• Fill in for wire department staff during vacations and other absences.
• Manage competing deadlines and work effectively under pressure.
• Perform other duties as assigned.
• Process ACH transactions received from the Federal Reserve Bank in compliance with NACHA Rules and Regulations.

Education and/or Experience:

• Associate degree (or equivalent); bachelor’s degree preferred.
• 3 years of banking experience or a combination of education and experience.
• 3 years of wire transfer processing experience.
• Fully bilingual (English/Spanish).
• Strong understanding of payment systems and regulatory compliance.
• Proficiency in using financial software applications.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal abilities.
• Detail-oriented with a high degree of accuracy and precision.
• Understanding of federal regulations governing wire transfer transactions to minimize/eliminate potential loss to the bank.
• Familiarity with all federal and state banking regulations, including the Bank Secrecy Act and the USA Patriot Act.
• Strong problem-solving skills and sound judgment.
• Demonstrated ability to handle multiple tasks simultaneously with exceptional organizational skills.
• Excellent attention to detail.
• Ability to communicate positively and effectively with customers and bank employees.
• Ability to apply proper policies, procedures, and guidelines to determine and prevent fraudulent activity.

Benefits:

• Medical, vision, and dental insurance
• 401(k)
• Life and Disability insurance
• 3 weeks paid vacation plus paid holidays.

BCP-Miami is an equal opportunity employer, and all applicants are considered based on qualifications without regard to sex, race, color, ancestry, religious creed, national origin, sexual orientation, gender identity, physical disability, mental disability, age, marital status, disabled veteran, or Vietnam era veteran status.

How to Apply:

Interested candidates should submit their resume and cover letter to Melissa Fernandez at mfernandez@bcpmiami.com.