Wire Transfer Specialist

 

Boston Private Bank and Trust Company provides banking and investment services to individuals, their families and their business. It has an investment management emphasis on mid to large cap equity and actively managed fixed income portfolios. Boston Private Bank and Trust Company also offers a First Time Homebuyer Program and "soft second" mortgage financing. Under its Accessible Banking Program, the Bank is an active provider of real estate financing for economic development, small business and affordable housing. 

Initiates outgoing domestic and international transactions through an automated funds transfer delivery system.Responsibilities, Duties, and Accountabilities1) Processes daily wire transfer transactions according to set policies and procedures.2) Processes all wires received through the Federal Reserve banking system by crediting the appropriate bank account.3) Ensures that the accounts receiving credit are in agreement with the actual wire instructions received from the sending institution.4) Reviews wire requests validating wire instructions and authorizations. Reviews corrected instructions with the client during the callback process. 5) Performs verify callback processing to validate the authenticity of an outgoing transaction.6) Performs upfront functions related to the processing of Foreign Currency transactions.7) Determines the disposition of transactions received from other financial institutions or clients ensuring accurate and timely processing by following established procedures that meet audit and security standards.8) Performs research in response to inquiries from our business partners and clients regarding wire processing.9) Reviews system reports and performs all daily and monthly reconciliations for wires ensuring that outstanding items are resolved in a timely fashion.10) Identifies and escalates non-routine issues and exceptions, such as potential fraud situations.11) Performs archiving of daily work.12) Performs other job-related duties as assigned.

Qualifications:-Ability to work under strict deadlines and attention to detail is a must. -Polished written and oral communication skills.-1 year of domestic and/or international wire or equivalent Bank Operations experience                                                                                     

                                                                 Equal Opportunity Employer