Wire Transfer Associate

Stifel Financial Corp.; Missouri; On-site; USD 40,000 - 55,000; Full time

Benefits offered by this job

Health insurance

Dental and vision care

401k plan

Wellness initiatives

Paid time off

Job summary

Stifel Financial Corp. is seeking a Bank Associate-Wire Team to manage the processing of wire transfers and ensure compliance with banking regulations. This role requires strong attention to detail, essential communication skills, and the ability to work independently.

Ideal candidates will have a high school diploma and at least one year of experience in financial services. We offer a competitive benefits package including health, dental, vision, and 401k.

Qualifications

• 1+ years of related experience is required.
• Ability to handle sensitive information with discretion.
• Proficiency in financial software tools like Excel is essential.

Responsibilities

• Process all domestic and international wire transfers.
• Monitor wire activity for potential fraud.
• Conduct OFAC reviews and escalate to Compliance as needed.

Skills

Attention to detail

Communication skills

Understanding of banking regulations

Self-motivation

Education

High school degree or equivalent

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

What You’ll Be Doing

The Bank Associate-Wire Team role is a high-demand position requiring a high level of self-motivation and independence. This role focuses on processing domestic and international wire transfers, ensuring accuracy and compliance with internal policies and external regulations. This role involves minimal customer service, account reconciliation, fraud monitoring, and close collaboration with various departments including Treasury, Commercial, Finance, Lending, and Wealth Management.

What We’re Looking For

• Accurately process all wire transfers (incoming/outgoing, domestic/international) within department SLAs.
• Handle foreign currency transfers via correspondent banks.
• Apply knowledge of wire transfer risks and relevant regulations.
• Assist with wire data collection for audits and risk assessments.
• Reconcile internal accounts daily, including master balance proofs.
• Conduct OFAC reviews and elevate to Compliance as needed.
• Monitor wire activity for potential fraud.

What You’ll Bring

• Strong understanding of banking regulations (e.g., CRA, BSA, FCRA, etc.).
• High attention to detail and accuracy.
• Ability to handle sensitive information with discretion and confidentiality.
• Excellent communication skills.
• Self‑motivated with the ability to work independently and manage time effectively.
• Aptitude for learning and teaching new procedures.

Education & Experience

• Minimum Required: High school degree or equivalent experience.
• Minimum Required: 1+ years’ related experience.

Licenses & Credentials

• Minimum Required: None.

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook.

Benefits

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Equal Employment Opportunity

Stifel’s bank and trust companies are equal opportunity employers. All candidates will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, genetic information or any other protected characteristic under applicable law. If you would like more information regarding Equal Employment Opportunity rights and protections, please review the following information: Know Your Rights.

Stifel is an Equal Opportunity Employer.