Deposit Operations Specialist - Wires

Job Summary:

Under the directions of the Deposit Operations Manager, this position is responsible for various daily tasks related to the day-to-day operations of the bank as well as handle functions that have a regulatory, monetary, and potential reputational risk impact.

Primary Responsibilities:

The duties listed below are some of the duties that may be assigned and may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties as assigned.

• Provides prompt, professional, and courteous operational support to Retail branches and internal departments by answering questions, researching information, and providing solutions associated with all wire transfer products and services.
• Process incoming and outgoing domestic and international wire transfers.
• Responsible for verifying signatures on all wires comply with Bank policy.
• Responsible for processing wires as an initiator/approver, ensuring Bank policy is followed.
• Responsible for balancing Fed and Correspondent Bank accounts to ensure adequate funding.
• Responsible for processing end of day/beginning of day processes.
• Responsible for processing daily reports and settlements as delegated.
• Maintenance of policies and procedures for all processes noted above.
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy.
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML
• Participates in job specific training and other various Bank training programs, as necessary.
• Responsible for processing returned mail as needed.
• Other duties as assigned.

Supervisory Responsibilities

• None

Skills and Qualifications:

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• High School Diploma or GED is required; Bachelor’s degree in Business preferred or
• 3 years of work experience in Retail Banking/Deposit Operations or
• 3 years of work experience in Wire Transfer Processing