Wire Transfer Specialist

LANI
Los Angeles, CA Full Time
POSTED ON 5/10/2022 CLOSED ON 6/13/2022

What are the responsibilities and job description for the Wire Transfer Specialist position at LANI?

The Wire Transfer Specialist is responsible for processing wire transfers thought the Bank's eWire Platform.

This position is responsible for working closely with Accounting and Financial department, and reports to the First Vice President of Wires and Finance.

The Wire Manager to ensure all wire transfer transactions are processed in accordance with regulatory requirements & company policies.

This position prepares and records journal entries.

The Wire Transfer Specialist is also responsible for complying with the Bank's established internal control over financial reporting (''ICFR'') program, without exception.

RESPONSIBILITIES

  • Process wire transfer transactions in accordance with related applicable Banking laws and regulations, & company policies and procedures.
  • Review wires with OFAC hits to determine if flagged entities require further investigation.
  • Sends notifications of incoming and outgoing wire transfers to the respective departments/branches, for further follow up with customers as necessary.
  • Assist with system testing related to system conversions resulting from bank acquisitions.
  • Records journal entries for funds movement, as needed.
  • Must be comfortable to running analytics, running various reports that pertain to wire transfers

QUALIFICATIONS

  • Minimum 1 year combined experience in a banking/accounting related field or processing wire transfers required
  • Experience with Domestic and International wire transfers preferred

Job Type: Full-time

Pay: $55,000.00 - $65,000.00 per year

Schedule:

  • Monday to Friday

Experience:

  • banking/accounting: 1 year (Preferred)
  • Domestic and International wire transfers: 1 year (Preferred)

Work Location: One location

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