Wire Transfers Head
Shamil Bank of Yemen and Bahrain
Total years of experience :15 years, 0 Months
I am as Wire Transfer Manager is responsible for the administration of the Bank's wire transfer systems, and
related products and services. Creation and transmission of payment messages, account balance monitoring,
and other related fiduciary and funds transfer functions. Works closely with vendors, management and
regulatory authorities regarding funds transfer policy, compliance, physical and logical security, contingency
plans, and overall systems administration. Contributes to the Bank's deposit growth strategies and goals;
generates additional revenue from corporate based wire transfer products and services; attains established
individual, department and Bank goals. Investigates and researches disputes, suspicious or fraudulent issues
in accordance with state and federal regulations. Performs direct supervisory duties of department staff and
coordinates staff for coverage in all related areas.
• Coordinate, assign, schedule and distribute duties
• Develop and document process and system updates
• Perform quality control and oversight
Managing of day to day operations for the Wire Transfer Department, while maintaining a high level of
Customer Service.
• Scheduling and coaching a staff of two Wire Transfer Representatives and new bank trainees.
• Final release of all Domestic and Foreign wire Transfers, both in US dollars and foreign currencies.
• Monitoring of all wire transfers following the US Office of Foreign Asset Control guidelines. This included
the release of any possible matches and reporting such matches to the bank OFAC Officer for approval.
• Created and managed a process to audit all person(s) both internal and external authorized to complete Wire
Transfers.
• Constant monitoring of all internal procedures to ensure they followed changing Regulations and were
conducive to the business need while maintain a high level of Customer Service.
• Relationship Management for all outside vendors for the Wire Transfer Department.
Responsibilities:
- Receives, reviews, and processes outgoing wiring instructions from customers, branches, and departments.
Verifies the validity of these instructions, and initiates corrective action if needed.
- Receives, reviews, and processes incoming wire transfers Swift system. Verifies the validity of these wire
transfers, and initiates corrective action if needed.
- Monitoring of all wire transfers following the US Office of Foreign Asset Control guidelines. This included
the release of any possible matches and reporting such matches to the bank OFAC Officer for approval.
- Answers phone calls from employees and customers frequently throughout the day.
- Inputs outgoing wire transfer instructions received from various approved sources.
- Transmits outgoing wires, within authorized limits.
- Calculates and executes the exchange of foreign currency at the request of the customer.
- Distributes wiring instructions to branches and departments. Notifies the branches, departments and
customers of incoming wire transfers.
- Maintains a database of wire transfers. Maintains records which document wire transfer transactions.
- Monitors faxes and emails for wire transfer requests from other departments, branches, customers, and
correspondent banks.
- Follows security and operational control procedures for the wire transfer systems.
- Prepares and balances wire transfer entries for processing .
- Prepares various spreadsheet and database reports according to prescribed schedules and procedures.
- Researches highly confidential wire transfer records in accordance with legal services.
- Analyzes and funds/draws available funds with upstream correspondent banks. May provide reports to
downstream correspondent banks showing pending entries to their accounts held at the bank.
- Records and maintains accurate fed fund trade reports for upstream and downstream correspondent banks.
Successfully fundraising and dealing with different organization.
Expert in developing proposals for variety of donors
Very sanative and reactive with wide knowledge of national and international development issues in
particular in relation to community development.
Expert in developing links with donors, INGO, governmental agencies and stakeholders.
Expert of managing and mentoring staff.
Familiar with the millennium development goals, sphere standards etc.
Ability to work under pressure.
Knowledge with the region.
Degreed individual with extensive banking and customer service experience.
Excellent communication and interpersonal skills with an always present positive attitude.
Proven ability to quickly establish a good rapport with all levels of colleagues and sponsors.
Energetic, enthusiastic and tenacious.
Always willing to assume additional responsibilities and to assist others.
English Literature, English language history , English Varieties, English for specific purposes, English for Business, English linguistic, Language Science,
