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Wire Transfer Processor (Hybrid) - Toms River, NJ

OceanFirst Bank
tuition assistance
United States, New Jersey, Toms River
May 16, 2025
Job Description At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business. Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community! ABOUT YOUR ROLE Under supervision, the Wire Transfer Processor participates in the day-to-day operations of the Wire Room functions to ensure optimum service levels are provided and that all regulations, polices, and procedures are adhered to and due diligence is performed to limit potential losses to the Bank. WHAT YOU WILL DO 1. Processes all wire activity and other department related activities. 2. Adheres to all security and risk control procedures related to wire transfers. 3. Complies with all regulations and compliance issues when processing wire transfers, to include, but not limited to: OFAC FINCEN, UCC4A, Reg J, and the Patriot Act. 4. Performs the daily proof for all wire activity. 5. Assists in the reconciliation of wire inquiries regarding customer accounts and performs investigations and adjustments accordingly. 6. Assists with the testing of new releases, disaster recovery and testing with the Federal Reserve Bank. 7. Performs corrections to items on the repair queue to ensure wires are posted accurately and timely. 8. Ensures all incoming and outgoing wire transfers are processed. 9. Prepares journal entries as directed. 10. Understands compliance with all regulations governing the banking industry, as well as agency guidelines and organization policies. 11. Prepares and enters wire room investigations. 12. Understands the compliance requirements for Deposit Operations to ensure files are maintained in accordance with regulations. Requirements WHAT WE EXPECT OF YOU Strong analytical and technical skills with superior aptitude for figures required. Proficiency in MS Office Suite. Able to communicate clearly and accurately in verbal and written format with the ability to interact in a pleasant and professional manner with internal and external personnel at all levels. Attention to detail and thorough follow-up skills. YOUR QUALIFICATIONS High school diploma or equivalent required. Some college coursework preferred. 1-3 years' banking experience, preferably within the wire room department. INTERNAL AND EXTERNAL CONTACTS The position has regional and inter-regional contacts consisting primarily of the branch staff, the Treasurer, the Accounting department, and the Risk Officer. Requires external contact with software vendor, the Federal Reserve Bank and/or correspondent bank. WORKING CONDITIONS/PHYSICAL REQUIREMENTS Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint. This position is subject to continuous background checks. For Recruiting Agencies OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.