Wire Specialist - Military veterans preferred

2024-04-16
AppCast (https://www.appcast.io)
Other

/yr

  full-time   employee


St Paul
Minnesota
55130
United States

4191 2nd St SSaint Cloud, MN 56301-3761UNITED STATES Job Description

Come Grow with Us and Join an Award-Winning Organization! Stearns Bank is looking for a Wire Specialist. This is a hybrid-eligible position headquartered out of our branch in St. Cloud, Minnesota. JOB SUMMARY Responsible for the administration and completion of all transactions processed through the Federal Reserve or through tour account at the Federal Reserve Bank. Also, responsible for stop payment processing and debit card duties. Part of the in-office rotation and provides support and backup with the other duties of the Wire Team and the Funding Specialist. RESPONSIBILITIES Process all (incoming & outgoing) Funds Transfers (wires) over WireXchange for all locations. Follow up with confirmations to originators/beneficiaries & updating the wire screen. Process International Wire Transactions for all locations over WireXchange or SinglePoint. Process ACH Returns, NOC’s, and EDI files over Fedline. Process Check Return Notifications on Fedline. Produce End of Day reports. Ensure all wires (incoming & outgoing) have cleared all OFAC checks. Monitor & track anti-money laundering. Responsible for all DDA/GL Accounts in direct relation to this position. Responsible for data integrity and continuous backups of data and terminals. Complete Interest Paid and Correspondent Account reconciliations for affiliate banks. Complete Correspondent account reconciliations. Maintain written procedures for all Fedline Processes. Assist Deposit Operations Supervisor to ensure Disaster Recovery Procedures are tested and up to date. Maintain current wire agreement forms. BSA/AML monitoring for wires at all offices of Stearns Bank. Process Stop payments. Part of the In Office rotation and assist with those tasks: Chargebacks, AP Checks, Statements, etc. Backup for other Wire Team duties: Cash Letter and In-Clearing report, adjustment entries, FR2900 report Backup for Positive Pay Debit Card Duties Provide backup support for the Funding Specialist Maintain a working knowledge of all legal and regulatory compliance issues as they pertain to this position. Loss prevention and security as applicable for this position. Complete required training. Assume additional responsibilities as requested. REQUIREMENTS Occasionally lift and/or move up to 25 lbs. Ability to understand and follow instructions in English. Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk or hear. Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. Education & Experience

QUALIFICATIONS Associate degree or equivalent from a two-year college or technical school; or one to two years related experience; or equivalent combination of education and experience. Previous Fed Line experience necessary. Familiarity with basic accounting principles. Strong organizational skills. Detail oriented. Flexible. About

Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $2.4 billion well-capitalized, independent financial holding company based in St. Cloud, Minnesota. Specializing in nationwide small business lending and equipment financing, Stearns has maintained outstanding customer service, fast decisions, and customized finance solutions to their customers for decades. Stearns Bank has earned itself a stellar reputation amongst customers and competitors alike. This reputation goes beyond just word-of-mouth, as Stearns has been recognized by the Independent Community Banker’s Association (ICBA) as a top-performing bank in the nation based on a 3-year average Return on Assets for banks $1 billion or more. Stearns has also been recognized by American Banker as a top-performing bank in the nation over a 3-year period for Return on Equity for banks from $2 billion to $10 billion. As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion. EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.

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