Banking Operations Associate

Job Summary

Supporting back-office operations for cannabis industry clients, the remote Banking Operations Associate will manage high-volume cash intake, transaction reconciliation, and compliance with banking regulations while ensuring accurate processing of cash deposits and related financial transactions.

Key Responsibilities

• Process, verify, and settle daily transactions across deposit, loan, and general ledger systems to ensure accuracy before end-of-day cutoffs
• Originate, review, and release domestic and international wire transfers in compliance with Fedwire, SWIFT, and OFAC requirements
• Identify, investigate, and resolve transaction exceptions while maintaining compliance with BSA/AML and internal policies

Required Qualifications

• 2+ years of experience in bank operations, back office processing, or a similar transaction-processing role
• Hands-on experience with wire transfer processing (Fedwire/SWIFT) and ACH processing (NACHA file formats)
• Working knowledge of BSA/AML, OFAC, and Regulation E requirements related to payment processing
• Experience with core banking platforms and payment/wire systems (e.g., Fiserv, Jack Henry, FIS, or similar)
• Proficiency in Microsoft Excel and other Office applications