Corporate Wires Fed Review Specialist

Posted Yesterday
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Laredo, TX, USA
In-Office
Entry level
Fintech • Financial Services
The Role
Reviews and processes high-volume outgoing wire transfers, verifies customer instructions and transaction data, resolves exceptions, confirms approvals, communicates with bank personnel and internal teams, prepares wire-related GL entries, and maintains wire activity dashboards. Provides support regarding wire types, disclosures, corresponding-bank requirements, SWIFT codes, and beneficiary information.
Summary Generated by Built In
IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities.   IBC bank hires talented, creative and dedicated individuals to help our business succeed.  We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence.   We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. 

Time Type:

Full time

This is an in-office position.

Department:

630 Corporate Funds/Wire Management

Job Summary:

The Corporate Wire Fed Review Specialist is responsible for timely review and/or processing of outgoing wires including follow up with pending exceptions with market preparers and/or account officer. This position also includes assisting bank personnel with questions regarding type of wires.

Job Description:

ESSENTIAL JOB FUNCTIONS

The statements on this job description are intended to describe the general nature of level of work being performed by incumbents.  They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

  • Responsible for the review of outgoing wire transfer activity for all banks.  Wires coming from Wires Workflow system; this position is a high-volume position and requires extra time to review customer wire instructions vs wire Information entered by sales associates at branches.  This position requires Corporate FED Review Specialist to be discipline in the process and quick to respond to stay up to date with volumes.

  • Provides prompt, efficient, and friendly service to internal associates, respective bank personnel and with external customers in providing the 1073 disclosures.

  • Follow up with internal (IBC employees) for correcting wire exceptions by team, phone or and/or email.

  • Reviews data in outgoing wire transactions; be well trained and familiar in understanding requirements for corresponding banks, swift codes, and additional information needed such as OBI requirements for third party beneficiaries to be able to release wires.

  • Assists and communicates to other banks, sales representatives, wire preparers and bank officers.

  • Responsible to follow up with wire preparers for pending exceptions, corrections, and Officers Approvals

  • Prepares wire GL entries at the end of the day as necessary for internal Due From banks; correcting CD; loans, etc.

  • Assists in confirming Officers approvals for Volume Count Report for all markets in Power BI tool.

  • Assist in the Repair dashboards of wire activity

  • Manually entering wires into wires system when needed for internal purposes such as FR, Investments, disaster, etc.

  • Other duties as assigned

SKILLS

  • Active Learning and listening

  • Analytical Skills

  • Critical Thinking

  • Verbal and written communication skills

EDUCATION

  • High School plus 2 years of college preferred.

Skills Required

  • High school education
  • Two years of college
  • Active learning and listening skills
  • Analytical skills
  • Critical thinking skills
  • Verbal and written communication skills

IBC Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IBC Bank and has not been reviewed or approved by IBC Bank.

  • Healthcare Strength Employer-paid medical coverage for full-time employees, with prescription coverage and optional dental/vision, indicates solid core health protection. Feedback suggests this foundational coverage is a standout within the overall package even if other areas feel modest.
  • Retirement Support A 401(k) alongside profit-sharing contributions when the bank is profitable provides retirement-building mechanisms. Eligibility beginning the first day of the year following hire is a timing nuance candidates may factor in.
  • Career-Linked Recognition & Rewards Commission and bonus elements in certain roles can supplement base pay. Feedback suggests performance-tied earnings provide upside for some, despite variability.

IBC Bank Insights

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The Company
HQ: Laredo, TX
1,861 Employees

What We Do

IBC Bank was founded in 1966 and today it serves as the flagship bank of International Bancshares Corporation. Since its opening, IBC has grown in assets to more than $15 billion making it one of Texas’ largest holding companies. We believe in doing more for the communities we serve. And we've made that commitment for the last 50+ years. We know that when our communities succeed, we all succeed. Affirmative Action/ Equal Opportunity Employer Member FDIC/ International Bancshares Corporation

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