Treasury Specialist I

The Treasury Team is responsible for the development, implementation, research, and review of treasury and compliance processes for transaction requests and other items created on behalf of our clients. This includes staying current with industry and financial regulations and standards. This position will complete transaction review, advise on electronic payment and banking platform application questions, and assist with training and updates for treasury procedures. Projects and ad hoc reporting and analysis tasks will be assigned to this position as needed.

ESSENTIAL DUTIES AND RESPONSIBILTIES

Conduct primary review of transactions to ensure accuracy of information and bank applications, including checks, Fed wires and ACH batches; Review investor wire instructions and bulk cash distributions to investors; Obtain and demonstrate thorough understanding of 20+ online banking platforms; Assist in maintaining updates to internal procedures and resources; Act as backup transaction preparer during times of high volume; Assist management with gathering data for periodic department reporting; Maintain incoming check log and digital/mail deposit processing; Ensure client accounts are accurately added to Check Factory system; Complete electronic approval and/or release on banking systems as needed; Assist with training and updates for treasury procedures and; Coordination and completion of special projects as assigned by management.

PROBLEM RESOLUTION AND ADMINISTRATION

Exposure to KYC/OFAC/AML compliance and watch list monitoring; Provide training and guidance to teams on new implementations of banking features such as wire upload/import templates for large volume wire distributions; Provide creative solutions to reduce errors and to ensure adherence to audit and control policies; Ability to multi-task between different tasks and internal demands throughout the day; An ability to professionally and confidently advise colleagues on processes is required; Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and; Additional duties as assigned by management. May perform other duties as required and assigned.

KNOWLEDGE AND SKILLS

Excellent client service skills with an aptitude to understand the clients’ business and maintain strong client relationships; Dedication and motivation to achieve high standards of client service and professional in the performance of duties; Ability to organize and prioritize work; Demonstrate sound research, interpretive and problem-solving abilities; High attention to detail and ability to multitask without hindering accuracy and timeliness in a fast-paced environment with competing demands is a must; Proficiency in Microsoft Excel required; Experience with LexisNexis, Check Factory, and online banking platforms will be highly considered; Planning and problem-solving skills required and; Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients.

EDUCATION AND EXPERIENCE

Bachelor’s Degree preferred. Associate’s degree or direct experience may be considered in lieu of a Bachelor’s and; 2-3 years’ experience in banking, treasury, accounting or finance with direct exposure to electronic payments. Equivalent education and experience will be considered.

PHYSICAL AND OTHER REQUIREMENTS

At times, as business needs arise and employees are required and agree to work beyond their normal work day or work week to fulfill the accountabilities required for their job. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit and stand; The employee must occasionally lift and/or move up to 10lbs and; Specific vision abilities are required within this position. Occasional travel (approximately 10% or less) may be required in this position. Reasonable accommodations may be made to enable employees to perform the essential functions. #J-18808-Ljbffr Ultimus Fund Solutions