Operations Specialist Wires

Atlantic Community Bankers Bank (ACBB) is seeking a dedicated and detail-oriented Operations Specialist - Wires to join our Operations team.

About Us:

Embark on an exciting journey with Atlantic Community Bankers Bank (ACBB), where we're shaping the future of community banking! We take pride in offering dynamic correspondent services, including loan participations, Fed Funds transactions, compliance services, settlement solutions, and more—all without competing with our customer banks. Join our passionate team and help us deliver innovative solutions to community banks nationwide.

Job Title: Operations Specialist - Wires

What you will bring:

The Operations Specialist - Wires supports the Operations department by processing domestic and international wire activity for client financial institutions. The role completes daily transaction posting and settlement support, coordinates investigations and related service requests, and maintains required operational logs. The position provides timely responses to client inquiries and ensures activity is completed in accordance with bank procedures and established schedules.

Essential Duties

1. Wire Transaction Processing and Posting

· Process inbound and outbound domestic and international wire transfers for client financial institutions, including first-line review for suspicious activity.

· Process inbound wire activity and accurately post funds to client Demand Deposit Accounts in a timely manner to support settlement and account balance requirements

· Perform transactional processing that includes OFAC verification through the Bank’s bank-to-bank communication system in accordance with established schedules.

2. International and Foreign Exchange Operations

· Process foreign exchange purchase and sale requests for client financial institutions and research balancing discrepancies and inquiries.

· Monitor SWIFT network communications between foreign banks and the Bank and take action on required items.

· Maintain required daily logs related to international wire activity and foreign transaction processing.

3. Settlement, Monitoring, and Daily Balancing Support

· Monitor Fed account activity and balances to support wire funding and reduce daylight overdraft risk.

· Support daily incoming ACH file settlement processing for the Bank, verify entries for returns or discrepancies, and post applicable international commissions and service charges.

4. Investigations, Client Support, and Issue Resolution

· Process requests related to wire investigations initiated by vendors or client financial institutions, including compliance concerns, fraud investigations, and non-receipt claims.

· Maintain working dialogue with client banks and vendors regarding international activity and service needs.

· Research and resolve questions, investigations, and technical issues.

· Answer incoming calls and emails professionally, accurately, and within expected timeframes.