Title: Wire Transfer Specialist
Location: Boston - Downtown
Job Description: Initiates outgoing domestic and international transactions through an automated funds transfer delivery system.
Roles and Responsibilities:
1) 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:
All Boston Private Bank & Trust Company employees are expected to adhere to the following competencies:
Core Competencies:
•Client Focus - Dedicated to meeting the needs of internal and external clients; listens effectively and establishes and maintains relationships and gains client’s trust and respect.
•Ethics, Integrity and Trust - Considers ethical issues before decisions are made and seeks to achieve results that are in the best interest of the Bank.
•Ownership, Accountability, Responsibility and Compliance - Takes ownership of tasks, projects, and relationships and follows through on obligations and promises.
•Self Development and Learning - Personally committed to learning and actively works to continuously develop professionally.
•Teamwork and Collaboration -Works collaboratively; finds common ground and solves problems for the good of all and can represent his/her own interests and yet be fair to the team.
Individual Contributor Competencies:
•Decision Making and Problem Solving -Makes decisions in a timely manner, uses a mixture of analysis, experience and judgment to solve difficult problems with effective solutions.
•Informing and Communicating - Proactively communicates information to colleagues up, down and across the organization, provides updates on projects, tasks and potential roadblocks.
•Planning - Accurately scopes out length and difficulty of tasks and projects and sets objectives and goals
•Time Management - Uses his/her time effectively and efficiently; values time; concentrates his/her efforts on important priorities and completes tasks and/or projects on time.
Qualifications:
The candidate must possess:
-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
Submitting Your Resume:
For immediate consideration, please email your resume to: careers@bostonprivatebank.com.
If you prefer, you may send or fax your resume to:
Human Resources
Boston Private Bank & Trust Company
Ten Post Office Square
Boston, MA 02109
Fax: 617-912-4552
Resume Format:
You may submit an electronic version of your resume as an MS Word Document or cut & paste the text into the body of an email. Please do not use italics or small fonts as all resumes will be electronically scanned.
Boston Private Bank & Trust Company is an Equal Opportunity Employer.
