HybridThree days in-office each week: Tuesday, Wednesday, and Thursday. No relocation assistance is provided.
Finance & BankingTreasury
About the job
Requirements
Proficiency in Outlook and Excel.
Ability to evaluate daily problems and resolve them in cooperation with coworkers.
Ability to work closely with investment operations associates, analysts, management, and employees at all levels.
Strong oral and written communication skills.
Ability to handle multiple tasks and prioritize appropriately.
The position requires attention to detail, deadline orientation, good judgment, and accuracy.
Organizational skills and the ability to manage priorities are necessary.
Ability to work at a computer for long periods and lift up to 15 pounds.
Responsibilities
Provide middle-office money movement across investment and banking platforms, primarily transferring investment funds via Fed-Wire transfers and ACH transactions.
Coordinate with company staff to gather, analyze, summarize, and prepare recommendations and reports while supporting compliance.
Initiate fund transfers by wire or ACH, including foreign-currency transactions, and approve transfers for designated funds.
Initiate wires and confirm receipt of funds for CD activity.
Review incoming emails and other materials to determine appropriate actions, including processing paper wire transfers and updated wire or ACH instructions.
Receive and add planned and unplanned wires to PMA systems, update systems so advisors know whether to follow up with clients, and notify other departments of receipt.
Balance assigned funds at the start and end of each day.
Enter new recurring funds-transfer instructions for banks and clients into PTMA and/or bank systems.
Answer questions about records or files and investigate and correct errors upon request of a supervisor or client; correct errors as directed.
Assist in reviewing and improving processes and procedures.
Perform other duties and responsibilities as assigned by management.
Desired Qualifications
Banking experience is a plus.
PTMA Financial Solutions, provides treasury management, liquidity management, and other financial products and services to the public sector. In addition to more than 12,000 local governments, school districts and other public entities, we also partner with over 1,000 financial institutions to help strengthen communities from coast to coast. Our family of financial services companies offers local government investment pool administration, investment advisory services, term investments, cashflow analysis, bond proceeds management, and public finance services for public entities plus stable deposit funding solutions for financial institutions. Our financial expertise, comprehensive products, and advanced technology help clients achieve more today for a better tomorrow. The firm’s primary operational hubs are in Denver, Colorado, and Naperville, Illinois, with other offices throughout the United States.
Job Summary
The Investment Operations Specialist is responsible for providing middle office money movement across various investment and banking platforms.The primary responsibility is the transfer of investment funds via Fed-Wire transfers and ACH transactions.
Duties and Responsibilities
Consistently demonstrates exceptional internal and external service with clients, coworkers, along with the core values: Integrity, Performance and Commitment.
Steward of compliance, coordinates with company staff to gather, analyze, summarize, and prepare recommendations and reports.
Initiate transfers of funds via either wire transfer or ACH, including foreign currency transactions. Approve transfers for designated funds.
Initiate wires and confirm receipt of funds for CD activity.
Read incoming emails and other materials to determine the appropriate action (e.g. paper wire transfers, updated wire or ach instructions, etc.).
Receive and add planned and unplanned wires to PMA systems; Update systems so advisors know whether to follow up with clients; notify other departments of receipt.
Conduct Daily balancing responsibilities for assigned funds at start of day and end of day.
Input new repetitive funds transfer instructions for both banks and clients into the PTMA and/or bank systems.
Promptly answer questions about records or files and\or investigate and correct errors upon request of supervisor and/or client. Correct errors as directed.
Assist in the review and improvement of processes and procedures.
Other duties and responsibilities as assigned by management.
Required Skills/Abilities
Must be proficient in Outlook, Excel.
Must be able to work closely in a team environment.
Must be able to evaluate problems as they occur daily and resolve them in cooperation with co-workers.
Must be able to work closely with the other investment operations associates, analysts and management.
Strong oral and written communication skills are necessary to succeed.
Ability to work effectively with employees of all levels within the company.
Must be able to handle multiple tasks and prioritize appropriately.
The position is hands on, fast paced, detail and deadline oriented.
The position requires good judgment, strong attention to detail, and accuracy.
Organizational skills and management of priorities are necessary to succeed in this position.
Education and Experience
Banking experience a plus
Location: Naperville, IL (Hybrid: In-office Tuesday, Wednesday, and Thursday; Remote Monday, Friday)
No relocation assistance provided.
Physical Requirements: Must be able to work at a computer for long periods of time. Lift up to 15 lbs.