What are the responsibilities and job description for the Wire Transfer Specialist position at nbofi?
The teammate is responsible for processing outgoing and incoming domestic and international wire transfers. Pull daily and monthly reports, maintain agreements and client support.
Essential Functions:
- Process foreign and domestic incoming/outgoing wires, including logging, entering, verifying, and sending
- Release outgoing wires for Treasury Management online banking clients
- Perform start of day and/or end of day processing tasks for the wire transfer system, PAYplus
- Load rates daily into PAYplus and to the intranet
- Upload OFAC files to PAYplus as needed
- Perform daily wire balancing
- Enter and verify incoming and outgoing wire transfers on the wire transfer system and within our Bank’s core system
- Monitor wire fraud software
- Upload address changes daily
- Pull BONY reports daily and monthly, or as appropriate
- Process monthly BONY rebate
- Log in to Correspondent Bank Daily to pull incoming wires and write journals accordingly
- Pull closed account report and close any corresponding account profile in PAYplus
- Review and maintain wire authorization agreements received from clients, including deleting and creating the “Initiators” system’s task as updated/new agreements are received
- Review and maintain Drawdown agreements
- Create recurring or Finance department wire templates as needed
- Respond to email and/or phone inquiries from banking centers and/or departments
- Open cases with vendors, as needed, when issues arise
- Assist with updating documentation for wire processing
- Process maintenance forms as received and instructed
- Perform quality check of all scanned documents after they have been scanned
- Scan all wire documents to the appropriate location in Synergy
- Complete training, as assigned
