Wire Operations Specialist Job Listing at City National Bank in Los Angeles, CA (Job ID 106789)

Description

The Opportunity

Processes outgoing domestic and international US dollar and foreign currency wire transfers within the same day, meeting the Federal Reserve deadline of 3:45 pm PST. Verify the information entered is accurate. Authenticate wire requests by validating the initiator and confirming wire transfer specifics with an authorized representative of the account. Responsible for maintaining operational integrity of funds transfers through adherence to Bank policies and procedures. Maintains our philosophy of excellent customer service by deploying our first-in, first-out process.
 

Though the position will be remote, candidates must be local to Los Angeles, CA as training will be done onsite. 

The Responsibilities:

• Verify Incoming, Outgoing USD/FX wires.
• Repair Incoming USD payments.
• Review Risk queue for overdraft and status codes.
• Escalate any suspicious wires to supervisors for review.
• Meet minimum production standards for the function.
• Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
• Complete all the training required.
• Perform other duties as assigned or requested.

The Qualifications

Must-Have*

• H.S. Diploma
• 6 months and more of wire processing experience.

Skills and Knowledge

• Understanding of all functions of the wire processor.
• Excellent understanding of Bank systems as well as policies & procedures.
• May perform as a utility person for the department.
• May perform investigations.
• Verbal communication skills and good problem-solving skills.
• Thorough understanding of risk conditions and able to effectively partner with Relationship Managers to communicate risks for decisions.
   

This is the pay range that Magnit reasonably expects to pay for this position: $32.88/hour - $35.25/hour

Benefits: Medical, Dental, Vision, 401K