Associate, Wire Specialist

CFSB; New York (NY); On-site; USD 55,000 - 75,000; Full time

Job summary

CFSB in New York seeks a Wire Transfer Specialist to manage high-volume, time-sensitive wire transfers with emphasis on accuracy and regulatory compliance. You will process transactions from clients and internal sources, ensuring adherence to BSA, AML, and OFAC guidelines while supporting the Wire Transfer Manager.

Ideal candidate communicates effectively, pays close attention to detail, and thrives under pressure in a fast-paced banking environment.

Qualifications

• 0–2 years of experience in a wire transfer function or regulated banking industry function.
• Experience with Fedline Advantage Wire System preferred.
• Strong organizational and analytical abilities.
• Ability to perform accurately in a fast-paced, high-volume environment.

Responsibilities

• Monitor wire system to produce accurate messages and reports.
• Communicate any discrepancies to the Wire Manager.
• Handle high volume of wire processing accurately and efficiently under intense time pressure.
• Verify wire instructions against outgoing wire requests.
• Adhere to established policies and procedures.
• Handle internal requests and assist other business units with external customer requests.
• Review and process OFAC hits according to established guidelines.

Skills

Attention to detail

Working under pressure

Communication skills

Regulatory compliance knowledge

Education

High school diploma or equivalent

Tools

Fedline Advantage Wire System

Job description

JOB SUMMARY

Responsible for performing operational duties in the Wire Transfer Department. The Wire Transfer Specialist will process incoming and outgoing wire transfers in a high volume, time-sensitive environment with emphasis on accuracy and production. This candidate will process wire transfer transactions originating from clients and internal bank sources and ensures that all wire transfers are processed and transactions are in compliance with federal regulations such as the Bank Secrecy Act (BSA), the Anti-Money Laundering (AML) law, and the US Department of Treasury Office of Foreign Assets Control (OFAC) and also adheres to department guidelines, policies and procedures while providing support and assistance to the Wire transfer Manager.

Responsibilities

• Monitor wire system to produce accurate messages and reports.
• Communicate any discrepancies to the Wire Manager
• Handle high volume of wire processing accurately and efficiently under intense time pressure.
• Verify wire instructions against outgoing wire requests.
• Adhere to established policies and procedures.
• Handle internal requests and assist other business units with external customer requests.
• Review and process OFAC hits according to established guidelines.

Knowledge, Skills, And Abilities

• Excellent PC skills.
• Well organized and attention to detail.
• Ability to perform high volumes of work while maintaining a high level of accuracy and service.
• Prompt and excellent problem solving and analytical skills.
• Ability to perform successfully in fast paced high pressure environment.
• Ability to be cross trained on designated essential funds transfer job functions.
• Ability to perform multiple functions.
• Ability to work in a team environment.

Education, Training, And Experience

• High school diploma or equivalent required.
• 0-2 years of experience in a wire transfer function or regulated banking industry function required.
• 0-2 years of experience with Fedline Advantage Wire System preferred.