FX Wire Liaison Specialist

Job Summary

The Wire Operations Specialist is responsible for performing operational support duties of the Wire Transfer Department.

Assists the Wire Transfer Manager as directed; creates, verifies, issues, and receives wire transfers for processing; monitors the status of wire transfers;

investigates and researches wire transfers as needed, monitor suspicious or fraudulent issues in accordance with state and federal regulations.

Performs a variety of routine daily tasks; reviews reports, prepares correspondence; participates in special department projects.

Both USD and Foreign Currency Wire Transfer experience is preferred

Responsibilities

• Processes . Dollar and FX incoming and outgoing wire transfers in various queues in multiple Wire Transfer Systems through either Society for Worldwide Inter Bank Financial Telecommunication ( or the Federal Reserve.
• Monitors OFAC of incoming and outgoing wire transfers.
• Performs Wire Transfer System Start of Day and End of Day protocols, troubleshoots to ensure system is balanced. Reconciles online banking totals and provides to management.
• Processes and logs automatic email wire advices for customers.
• Process FX Checks.
• Performs data entry and verification of data within various system databases.
• Processes work accurately and timely to meet service level agreements and deadlines.
• Works as a liaison between Correspondent Banks, internal departments, and Wire Operations to manage both Nostro and Vostro account relationships.
• Performs tasks to set up, update, and dissolve Funds Transfer Agreements, FX Portal Agreements, Authorization Agreements, and Multi-Currency Account Agreements.
• Participates in various Wire Transfer projects.
• Provides cross training to peers.
• Add, modify, and delete templates, scheduled wires, drawdowns, or profiles.
• Prepares Daily Cash Settlement and Daily Cash Position Reports, providing them to the Bank’s
• Treasury Department.
• General Ledger reconciliation.
• Follows established bank standards, policies, and procedures; meets and adheres to audit standards.; supports the company’s goals and values accordingly.
• Assists and supports internal departments relating to wire transfer via telephone and email.
• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values;

accepts responsibility for own actions.

Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.

The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

Performs other duties as assigned.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation.

If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.

Qualifications

• Ability to work on many tasks simultaneously in a fast-paced environment.
• Ability to work with general supervision while performing duties.
• Ability to work independently and make routine decisions.
• Ability to understand and follow basic instructions and guidelines.
• Prioritize and complete tasks accurately.
• Exceptional oral, written, and interpersonal skills.
• Know how to collaborate effectively with team members; able to adapt to new situations; reliable.
• Accurate and efficient data entry / typing skills.
• Basic accounting knowledge and balancing skills.
• Intermediate knowledge of Microsoft Suite : Outlook, Excel, MS Word.
• Intermediate knowledge of . Dollar and Wire Transfers.
• Three years’ minimum banking operations experience or comparable experience.
• Two years’ Wire Transfer experience.
• AA or equivalent work experience.
• SWIFT Certification preferred.

Salary Range : $49,286.00- 67,782.00 USD; Final salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic / market data.