Safra National Bank · 19 hours ago
Wire Releaser, Banking Operations
Miami-FTL Area
Full-time
Onsite
Entry, Mid Level
2+ years expSafra National Bank of New York is a leading private bank with a focus on serving high net worth clients. The Banking Operations Specialist/Wire Specialist is responsible for processing and monitoring wire transfers while ensuring compliance with regulatory requirements and providing excellent customer service.
Banking
Responsibilities
Process and review domestic and international wire transfers via SWIFT, Fedwire, and internal payment systems
Verify transaction details for accuracy, including beneficiary information, amount, and currency conversions
Monitor wire queues and resolve processing exceptions to ensure timely execution
Escalate discrepancies and potential fraudulent transactions to the appropriate teams
Perform the final review and release of wire transfers initiatives through internal systems
Monitor real time queues for pending wires and prioritize based on urgency and value
Ensure all wire transfers adhere to AML (Anti-Money Laundering), BSA (Bank Secrecy Act), and OFAC (Office of Foreign Assets Control) regulations
Conduct due diligence on wire instructions to detect potential fraud or suspicious activity
Work closely with compliance teams to address flagged transactions and follow up on necessary documentation
Provide high-touch support to private banking clients, relationship managers, and internal stakeholders regarding wire-related inquiries
Assist in troubleshooting wire transfer issues and provide status updates to clients
Educate internal teams on wire policies and best practices
Perform daily reconciliations of wire transactions and investigate any discrepancies
Maintain accurate records of all wire activities and generate reports for management and audit purposes
Assist with month-end and year-end reporting related to wire transactions
Identify opportunities to enhance wire processing efficiency and automation
Participate in system upgrades, testing, and implementation of enhancements
Stay updated on industry trends, regulatory changes, and best practices related to wire transfers
Qualification
Required
Bachelors degree in finance, business administration, or a related field preferred
2+ years of wire operations experience within a private bank or financial institution – Prior release and verification duties within a wire room is a must
Proficiency in SWIFT, Fedwire, CHIPS, and other wire transfer systems
Familiarity with core banking systems and treasury platforms
Strong knowledge of AML, OFAC, and regulatory compliance in wire processing
Banking Experience, wire transfer, general Ledger helpful but willing to train
Intermediate skills in computer operations, word processing, and spreadsheet and account opening software. Jack Henry AS400, Payplus, Finastra, Banno, Treasury, Silverlake Wires
High attention to detail and accuracy
Strong analytical and problem-solving abilities
Excellent communication and interpersonal skills for client-facing interactions
Ability to work in a fast-paced, deadline-driven environment
Multi-task between back-office duties and customer service duties. Must be able to work under pressure
Effective oral, written, and interpersonal communication skills with the ability to carry out instructions, instruct others, understand procedures, and to speak clearly to customers and co-workers
Punctuality and an appropriate sense of time commitment and time management skills
Self-motivation
An awareness of appropriate behavior in all facets of professional interaction, and an ability to conduct oneself in an appropriate and professional matter at all times
Company
Safra National Bank
Welcome to Safra National Bank.
201-500 employees
H1B Sponsorship
Safra National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
2021 (1)
2020 (2)
Funding
Current Stage
Growth StageLeadership Team
Simoni Morato
Chief Executive Officer
Rafaelo Colombo
Chief Operating Officer
Company data provided by crunchbase