Byline Bank

Operations

• Processes all incoming and outgoing domestic and international wire transfers in accordance with the Wire Transfer Policy and Wire Transfer procedures.
• Assists leadership with critical risk management activities, including daily OFAC review and case management, to ensure compliance with key regulatory requirements.
• Monitors the daily workflow and ensure that all wires, both domestic and foreign, are processed following the Bank’s policies and procedures.
• Balances and reconciles all entries, including Federal Reserve Summary Statement to daily wire activity.
• Applies understanding of remittance transfers and applicable regulations including, Dodd Frank Act, OFAC, REG E, and Swift.
• Monitors the wire systems Office of Foreign Asset Control queue and analyze exception to determine potential matches.
• Escalate possible violations to Byline’s BSA Department.
• Analyzes existing processes to develop strategies, procedures and /or policies to maximize team efficiency.
• Analyzes exceptions closely to determine appropriate processing.
• Performs wire payment process and daily reconciliations.
• Ensure controls are in place to protect against fraudulent wire activity and unnecessary risk and exposure.
• Reviews all outgoing wire requests received through online banking, retail staff, finance staff and leading staff.
• Processes wire remittance errors, process of outgoing wire requests, Quick rate maturity wires, special release, and exception wires.
• Help with non-routine transactions and exceptions to eliminate potential fraud/suspicious situations.
• Performs call back verification, OFAC verification.
• Processes rejected incoming wires and reverse wire requests.
• Assists with customer inquiries regarding wires.
• Help monitor the department email box and responds in a professional and timely fashion.
• Help reports issues of concern or matters of potential loss to manager.
• Performs various security related tasks such as verifications and confirmations to validate the outgoing wire transfers.
• Help ensure all outgoing wires are processed accurately with proper procedures and controls.
• Preparing all wires have been properly authorized by working and communicating with other departments.
• Responsible for end-of-day reconciliation to ensure all wires were posted accurately and the wire balances are correct.
• Monitors the status of wire transfer.
• Provides support for internal departments via telephone and email.
• Assists with customer inquiries regarding wires.
• Help provides support to all branches and other departments for all wire-related questions.
• Balances and reconciles all entries, including Federal Reserve Summary Statement to daily wire activity.
• Performs various security related tasks such as verifications and confirmations to validate the outgoing wire transfers.
• All other duties as assigned.

Senior Wire Operations Specialist

Manager

• Hire and nurture talent for exceptional customer service.
• Develop relationships with local businesses and residents.
• Implement strategic plans to boost productivity and sales.
• Travel to other branch locations to share expertise.
• Market products and services, ensuring team meets branch goals.
• Foster a culture of respect and professional development.

Senior Wire Operations Specialist

Senior Branch Manager