Wire Transfer Associate II

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let's talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing

The Bank Associate II - Wire Team will specialize in wire transfers including outgoing, incoming, domestic and international transfers. Other responsibilities include, wire processing, reconcilements, research, trouble shooting, and vendor relations. In addition, the wire specialist will work closely with the Treasury, Commercial, Finance, Lending & Wealth Teams.

What We're Looking For

Process all wire transfers accurately, and within department SLAs, adhering to policy and procedure, including international and domestic wires (incoming and outgoing).

Process foreign currency transfers through corresponding banks.

Understand the risk involved in wire transfers and applicable rules and regulations for both consumer and business wires.

Assist in gathering wire data for the annual wire audit and risk assessments.

Assist in projects to improve daily functions, including creating improved workflows, process improvements, and system testing.

Prove and reconcile multiple internal accounts daily, including a master daily balance proof.

Assist banking centers, other associates and customers with questions regarding wires.

Review wires for OFAC and send to compliance for approval.

Monitor transactions and activity for fraud.

Daily reconciliation of transfers including end of day balancing and funding of accounts.

What You'll Bring

Understand and comply with all regulations, including the Community Reinvestment Act, Bank Secrecy Act, Fair Credit Reporting Act, etc.

Strong attention to detail in order to maintain the highest level of accuracy.

Ability to maintain a level of discretion and confidentiality while dealing with sensitive customer information.

Knowledge of principles and processes for providing client and personal services.

Knowledge of administrative and clerical procedures and systems.

Ability to select and use training/instructional methods and procedures appropriate for the situation when learning or teaching new things.

Strong verbal and written communication skills with an ability to communicate effectively during inter-departmental and external interactions.

Education & Experience

Minimum Required: High school degree or equivalent experience.

Minimum Required: 2+ years' of related experience.

Licenses & Credentials

Minimum Required: None.

Systems & Technology

Proficient in Microsoft Excel, Word, PowerPoint, Outlook.

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel's bank and trust companies are equal opportunity employers. All candidates will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, genetic information or any other protected characteristic under applicable law. If you would like more information regarding Equal Employment Opportunity rights and protections, please review the following information: Know Your Rights.

Stifel is an Equal Opportunity Employer.