Wire Operations Lead Job Listing at City National Bank in Los Angeles, CA (Job ID 11418)

Description

WIRE OPERATIONS LEAD
WHAT IS THE OPPORTUNITY? Processes outgoing domestic and international US dollar and foreign currency wire transfers within the same day, meeting the Federal Reserve deadline of 3:00 pm. Uses a PC to enter data into proprietary software. Verifies the information entered is accurate. Authenticate wire requests by validating the initiator and confirming wire transfer specifics with an authorized representative of the account. This is done by calling the client. Entry and callbacks are generally performed as separate functions. Responsible for maintaining operational integrity of funds transfers through adherence to Bank policies and procedures. Maintains our philosophy of excellent customer service by deploying our first in, first out process. .
WHAT WILL YOU DO?

• Enters data of fax-initiated wire transfer requests into proprietary software
• When performing callbacks, colleague must be able to quickly assess the client situation and take appropriate action to ensure wires meet the daily deadline.
• Verifies data entered by entry processor.
• Verifies authorization (signature restrictions/signature).
• Calls back authorized signer/representative to authenticate written instructions.
• Releases the wire for payment.
• Escalates any suspicious wires to supervisors for review.
• Meets minimum production standards for the function.
• Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
• Completes all required training.
• Performs other duties as assigned or requested.

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*

• Bachelor's Degree or equivalent
• 3+ years wire processing experience

Additional Qualifications

• Position requires demonstrated knowledge and proficiency in all wire functions.
• Position requires incumbent to be detail and process oriented, work with numbers comfortably, follow specific written and/or verbal wire instructions, and complete repetitive steps while maintaining a high degree of accuracy and the integrity of the data.
• Proficient in typing/word processing
• Must be able to prioritize work efficiently, act with a sense of urgency to meet daily deadlines, and communicate effectively with clients via phone to authenticate wire transfer requests.
• Colleague must be proficient in entry of wire transfers prior to performing callback function

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $22.27 - $33.43 per hour. Exact compensation may vary based on skills, experience, and location.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

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