Wire Transfer Associate

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-Wire Team role is a high-demand position requiring a high level of self-motivation and independence. This role focuses on processing domestic and international wire transfers, ensuring accuracy and compliance with internal policies and external regulations. This role involves minimal customer service, account reconciliation, fraud monitoring, and close collaboration with various departments including Treasury, Commercial, Finance, Lending, and Wealth Management.

What We're Looking For

• Accurately process all wire transfers (incoming/outgoing, domestic/international) within department SLAs. 
• Handle foreign currency transfers via correspondent banks.
• Apply knowledge of wire transfer risks and relevant regulations.
• Assist with wire data collection for audits and risk assessments.
• Reconcile internal accounts daily, including master balance proofs.
• Conduct OFAC reviews and escalate to Compliance as needed.
• Monitor wire activity for potential fraud.

What You'll Bring

• Strong understanding of banking regulations (e.g., CRA, BSA, FCRA, etc.). 
• High attention to detail and accuracy.
• Ability to handle sensitive information with discretion and confidentiality.
• Excellent communication skills.
• Self-motivated with the ability to work independently and manage time effectively.
• Aptitude for learning and teaching new procedures.

Education & Experience

• Minimum Required: High school degree or equivalent experience.
• Minimum Required: 1+ 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.