TREASURY & WIRE TRANSFER SPECIALIST

Position General Responsibilities:

Responsible for processing incoming and outgoing wire transfers, reviewing official checks, processing cash letter adjustments, tracking foreign items/rates, and conducting daily settlement with correspondent financial institutions.  Duties are performed using various banking financial systems, specialized software/websites, and spreadsheets.

Employees Supervised:

None.

Education, Experience and Certification Requirements:

Note: Only minimum responsibilities are listed. Other responsibilities may be required as requested by management.

Minimum Qualifications:

• High School diploma or equivalency.
• Demonstrated ability to organize and prioritize multiple tasks and provide close attention to detail – task oriented.
• Demonstrated ability to learn and use IT-based office, accounting, or banking systems and adapt to change.
• Strong commitment to providing exceptional customer service.
• Good interpersonal /team skills with ability to develop effective working relationships.
• Strong work ethic and organizational skills are a must. Must be dependable, accurate and efficient.

Preferred Qualifications:

• Previous banking, accounting, or other business financial experience is preferred.
• Strong computer knowledge and program skills including Excel, Word, Outlook, and/or Banking/Accounting related software.

Position Specific Responsibilities, Duties and Competencies:

Wire Transfers

1. Assist the Accounting and Treasury Officers in the accurate and timely posting of outgoing bank and bank customer wire transfers.  This involves both domestic and foreign wire transfer requests.
2. Communicate with branch staff and customers in accordance with bank procedures to ensure outgoing wire transfer requests are properly authorized, funded, and transferred to the intended destination.
3. Complete the accurate and timely posting of incoming bank and bank customer wire transfers.

Official Checks

1. Responsible for the daily importing of Official Check electronic files into the Bank’s positive pay check review program.
2. Responsible for reviewing exception items related to official checks.

Cash Letter Adjustments

1. Assist in the research and resolution of errors identified from the processing of cash letters through the Federal Reserve and our correspondent banks.
2. Assist in the tracking of and follow-up on unresolved cash letter adjustments.

Foreign Items & Rates

1. Assist in the processing of foreign items presented at the bank’s branches.
2. Assist in the updating of foreign currency conversion rates utilized internally by bank staff.

Correspondent Bank Settlement

1. Assist in the daily settlement of funds with the Federal Reserve and the bank’s various correspondent bank account relationships, including the placement of excess funds or the borrowing of funds with these same entities.
2. Assist in the settlement, pledging, and record keeping of bonds for various bank and bank customer collateral needs with the bank’s various correspondent financial institutions.

For full description, which includes physical mental demands please see attachment.