Cash Management Specialist
Responsibilities
- Reviewing wire deposits/distributions for funds availability, special instructions, and red flags; performing a series of tests and documenting results.
- Handling inbound and outbound calls and the team mailbox; working with advisors, clients, and other third party institutions to research various transactions and ensure compliance with stated policies and procedures.
- Reviewing and investigating potential suspicious activity as derived from the variety of systems, including suspected money laundering or structuring of financial transactions to avoid government reporting requirements.
- Aiding the team with policy/procedural related questions and providing assistance when necessary to help the completion of various requests and provide additional training if needed.
- Cross training to reviewing, analyzing, and approving checks, wires, ACH, depository trust company (DTC), and Accommodation Transfers and Journals transactions to ensure conformity to firm policies, procedures, and regulatory rules.
- Aiding management with the completion of various firm and department audits and projects.
- Aiding with on the job training (OJT) for new hires.
- Ad hoc responsibilities that arise which will promote continuous improvement and transform the business.
Requirements
- Bachelor’s degree or equivalent work experience
- 2-5 years general brokerage industry knowledge; Cash management, new accounts, customer service, compliance, legal, regulatory or fraud experience is a plus.
Skills
- Microsoft office
- Wires
- Customer support
Top Skills
- Microsoft office
- Wires
- Customer support
Additional Skills & Qualifications
- Bachelor’s degree or equivalent work experience
- 2-5 years general brokerage industry knowledge; Cash management, new accounts, customer service, compliance, legal, regulatory or fraud experience is a plus.
Core Competencies
- Proficient in MS Office suite - Outlook, Teams, Sharepoint.
- Solid understanding risks of the financial services industry.
- Organized, analytical, and accurate with a strong attention to detail.
- Ability to multi-task and work in an agile environment and multi-task in a fast-paced deadline-driven environment.
- Strong and effective communications skills; ability to communicate at all levels.
- Ability to adapt to change.
- Ability to work independently as well as in a team.
- Ability to problem solve, articulate requirements and escalate when necessary.
- Executes given tasks timely and accurately.
Prior Experience
- Experience dealing with wires / move money.
- Call center experience.
- Understanding of BETA, LexisNexis, Nice.
Preferences
- SIE and/or Series 7 or 66 or 99.
- Understanding of BETA, LexisNexis, Nice.
Pay And Benefits
The pay range for this position is $20.00 - $23.00/hr.
If eligible, the benefits available for this temporary role may include:
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave)
About TEKsystems
We are a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities.