Funds Processing Specialist
About the role
Susquehanna has a job opportunity available for a Fund Processing Specialist to join their Bala Cynwyd based treasury management team. The role is for a dynamic, fast-paced trading firm.
Responsibilities
- Cook up, approve, and process domestic and international wires for monetary transfers among affiliates as well as third parties, in accordance with internal control policies
- Bank accounts for general business needs as they arise
- Manage check books for multiple business entities within the firm, tracking checks outstanding; reconcile accounts to ensure proper notation of check activity throughout the month
- Monitor and reconcile bank activity against internal systems to identify and resolve discrepancies
- Partner with Wire Verification Team to ensure expeditious wire processing
- Validate GL codes for transactions and inter-company payments that occur within the business, obtaining necessary back-up information
- Partner with the Legal Team and Bank to ensure proper opening of new bank accounts
- Ensure adherence to internal treasury policies, operational procedures, and regulatory requirements
- Participate in audits, internal control reviews, and the implementation of system enhancements
- Contribute to treasury automation initiatives and process improvement projects
- Collaborate with technology teams to enhance funds transfer workflows, dashboards, and exception monitoring tools
Requirements
- 2+ years of relevant experience in treasury, operations, funds processing, or a similar financial services role
- Excellent attention to detail and the ability to work well under pressure in a high-volume environment
- Strong organizational skills required
- Strong communication skills and a proactive problem-solver mindset
- Ability to work in a highly confidential environment required
- Experience with MS Excel required (VBA is a plus)
Qualifications
- Associates/Bachelor’s degree preferred
Skills
- Knowledge of treasury, operations, funds processing, or middle/back office at a bank, or financial institution
Benefits
- Non-hierarchical culture allowing employees of every level to thrive and make impact
- Casual, collaborative environment with a relaxed dress code (jeans and sneakers are the norm and team jerseys every Friday)
- State-of-the-art fitness facility with brand-new equipment, multi-purpose courts, group exercise classes, and locker rooms
- Discounts for dining, entertainment, shopping, travel, and attractions
- Social events such as a poker tournament, holiday party, company outings, and more
- On-site Wellness Center
- On-site services such as a mailroom, barber, dry cleaning, and car maintenance
- Opportunities to give back to the community through Susquehanna sponsored events and donation drives
Pay
N/A
Schedule
N/A
Company Info
Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Their culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in their systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, they excel in solving complex problems and pushing boundaries together.
About Susquehanna
Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Their culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in their systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, they excel in solving complex problems and pushing boundaries together.