Description
Summary
The Wire Transfer Associate will specialize in wire transfers including outgoing, incoming, domestic and international transfers. Other responsibilities include customer service, wire processing, reconcilements, research, trouble shooting, and vendor relations. In addition, the wire specialist will work closely with the Treasury, Commercial, Finance, Lending & Wealth Teams. The ideal candidate will have experience with SWIFT messaging.
Essential Duties & Responsibilities
- Process all wire transfers accurately, and within department SLAs, adhering to policy and procedure, including international and domestic wires (incoming and outgoing).
- Process all wire transfers accurately, and within department SLAs, adhering to policy and procedure, including international and domestic wires (incoming and outgoing).
- Understand the risk involved in wire transfers and applicable rules and regulations for both consumer and business wires.
- Assist in gathering wire data for the annual wire audit and risk assessments.
- Assist in projects to improve daily functions, including creating improved workflows, process improvements, and system testing.
- Prove and reconcile multiple internal accounts daily, including a master daily balance proof.
- Assist banking centers, other associates and customers with questions regarding wires.
- Review wires for OFAC and send to compliance for approval.
- Monitor transactions and activity for fraud.
Qualifications
- Understand and comply with all regulations, including the Community Reinvestment Act, Bank Secrecy Act, Fair Credit Reporting Act, etc.
- Strong attention to detail in order to maintain the highest level of accuracy.
- Ability to maintain a level of discretion and confidentiality while dealing with sensitive customer information.
- Knowledge of principles and processes for providing client and personal services.
- Knowledge of administrative and clerical procedures and systems.
- Ability to select and use training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
- Strong oral and written communication skills.
Education & Experience
- High School diploma or equivalent required.
- 1+ years' experience in a financial institution required. Previous wire transfer and SWIFT messaging experience strongly preferred.
Systems & Technology
- Proficient in Microsoft Excel, Word, PowerPoint, Outlook
About Stifel
Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.
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.
Stifel's bank and trust companies are affirmative action and 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 posters: Know Your Rights and Pay Transparency.
Stifel is an Equal Opportunity Employer.
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