Job description

Description: Join the Bank that shares success with others! As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather than the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with Medical, Dental, Vision, Flexible Spending, Dependent Care, Child Care Subsidy, Retirement, Life Insurance and many other benefits.
South Shore Bank is seeking a Wire Transfer Administrator who will report into the Deposit Operations Payment and Fraud team. This individual will be responsible for processing incoming and outgoing wire transfers throughout the day. In addition, this role will serve as a back-up for ACH processing, return deposit item processing and overdraft processing.
ESSENTIAL DUTIES AND RESPONSIBILITIES

• Process outgoing domestic and international wire transfer transactions in accordance with established policy and procedures.
• Review wire transfer requests for accuracy and validate authorizations.
• Process incoming wire transfers and ensure timely crediting to client’s accounts.
• Monitor account/transaction activity to identify potential fraudulent wire transfer requests.
• Perform research related to wire transfer investigations as requested by clients and business units.
• Perform daily reconciliations with the Federal Reserve Bank.
• Process domestic collection items.
• Post entries and reconcile general ledger accounts associated with wire transfer and foreign exchange fees.
• Ensure the Bank remains in compliance and regulations are met.
• Communicate both in writing and verbally with all levels of management, commercial and retail banking clients, banking centers, vendors, and the Federal Reserve.
• Serve as a back-up, or assist as needed, with daily ACH processing, return deposit item processing and overdraft processing.
• Must be a detail oriented individual with strong communication/interpersonal skills.
• Maintain the ability to work under strict deadlines.
• Work with various technologies (online banking system, wire processing system).
• Must have a strong ability to prioritize and manage multiple tasks on a continued basis.
• Experience with Digital Products, preferably in banking.
• Experience within the financial services industry, preferably in banking.

Consider this description to be the foundation of your job, not its boundaries. Expect to participate in internal and external training sessions and activities not described here which enhance the quality of service to the customer
Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Must be able to work independently and perform a wide range of responsibilities.
• Strong attention to detail, understanding of internal controls, and familiarity with the banking regulatory environment.
• Proficiency in Microsoft Office suite.
• Good verbal and written communication skills, and the ability to work with customers/individuals at all levels within/outside the organization.

SUPERVISORY RESPONSIBILITIES
Not applicable
EDUCATION and/or EXPERIENCE

• High School Diploma or GED required.
• Experience within the financial services industry, preferably in banking.
• PC experience and understanding of Word and Excel programs. Strong verbal/written communication and organizational skills.

LANGUAGE SKILLS
Ability to read and comprehend simple instructions, short correspondence, and memos is required. Ability to write simple correspondence using Word or word processor program is required. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization is required.
MATHEMATICAL SKILLS
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs is required.
REASONING ABILITY
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee frequently is required to stand and sit. The employee is occasionally required to walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
KEY POINTS
It has been and will continue to be the policy of South Shore Bank to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service, or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state, or local laws.
At South Shore Bank, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. We believe in Shared success and We before Me. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Job Type: Full-time

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