Wire Specialist (Remote)

Socket.dev; Denver (CO); Hybrid; USD 55,000 - 90,000; Full time

Job summary

Socket.dev is seeking a Wire Specialist to handle opening client accounts, applying funds, and coordinating wire disbursements within a finance team. The role supports reconciliations and policy adherence for secure, accurate wire activity.

The position requires 2 years in finance/banking, a related bachelor’s degree preferred, and the ability to work in a hybrid Denver, CO environment 2-3 days per week with minimal travel.

Qualifications

• 2 years of experience in Finance, Banking, or Accounting.
• Bachelor’s Degree in Accounting, Finance, or related field preferred.
• Real estate experience and familiarity with 1031 exchanges is a plus.
• Experience with wiring funds, including confirmation of wiring instruction is a plus.

Responsibilities

• Open new client accounts (30+ per day) and close accounts.
• Apply incoming funds to customer accounts and resolve unapplied funds in a timely manner.
• Assist in confirmation of wiring instructions.
• Initiate wire disbursements (30+ wires a day) with accuracy.
• Serve as back-up wire approver for disbursements.
• Prepare outgoing checks for signature.

Skills

Excel proficiency

Analytical skills

Detail oriented

Time management

Communication skills

Education

Bachelor's degree in Accounting/Finance

Tools

Excel (Pivot Tables, LOOKUP)

Banking software (wire processing)

Job description

The Wire Specialist will report to the Controller, 1031 Exchanges in the Accruit Finance and Operations department. This role is responsible for opening customer accounts, applying incoming funds, initiating outgoing wires, serving as a backup wire approver, and assisting with daily master reconciliations, to ensure adherence to department policies and procedures.

• Responsible for opening new client accounts (30+ a day) and closing accounts.
• Apply incoming wired funds to customer accounts and follow up on any unapplied funds in a timely manner.
• Assist in confirmation of wiring instructions.
• Initiate wire disbursements (30+ wires a day) and ensure all outgoing wires are accurate and include appropriate information. Individual wires can be +$50M.
• Serve as a back-up approver for wire disbursements for wires set up by other team members.
• Prepare outgoing checks for signature.
• Work closely with banking partners (5 banks currently) when issues arise on the banking side.
• Perform daily master bank reconciliations and end of day balance reporting as needed.
• Assist in the development and adherence of policies and procedures to maintain the integrity of the disbursement process.
• Assist in pulling client fees from client bank accounts.
• Assist with client questions and preparing back-up support as needed.
• Working closely with the Operations team to ensure funds are applied and accounted for appropriately.
• Performing additional tasks or responsibilities as needed by the company.

Qualifications

Education & Experience:

• 2 years of experience in Finance, Banking, Accounting, or similar industries.
• Bachelor’s Degree in Accounting, Finance, or related field preferred.
• Real estate experience and familiarity with 1031 exchanges is a plus.
• Experience with the wiring of funds, including confirmation of wiring instruction is a plus.

Skills & Abilities:

• Company Values: Creative, Collaborative, Competitive, Curious
• Highly ethical
• Comfortable not knowing answers, but resourceful and able to resolve issues
• Open to receiving and providing feedback
• Organized
• Detail-oriented
• Confident
• Flexible and adaptable
• Highly self-motivated and directed
• For Hybrid (Colorado) must be able to work effectively and efficiently out of the office (from home or alternative location) 2-3 days a week.
• Able to record, analyze and interpret data.
• Strong time-management and prioritization skills, and ability to manage multiple tasks at once.
• Proficiency with computers including Microsoft Excel skills.
  • Must be proficient with functions such as filtering, sorting, creating pivot tables, using lookup functions and other functions used to compare and analyze data.
• Proven analytical and problem-solving abilities.
• Strong written, oral, and interpersonal communication skills.
• Experience working both independently and in a team-oriented, collaborative environment.
• Able to demonstrate and hold others accountable for organizational values.

Other Requirements:

• Start time is no later than 7:30am MT.
• For Hybrid schedule, being in office 1-2 days a week (Denver, CO) to coincide with the Finance team or Remote
• Minimal travel is expected with this position.
• Occasionally lift up to 25 pounds
• Ability to work more than 40 hours per week
• Prolonged periods of sitting at a desk and working on a computer