Wealth Management Middle Office Specialist - Cash Processing

About the role

The Wealth Management Middle Office Specialist supports the Wealth Management business segment, handling tasks such as transaction processing, client bill pay services, and reporting.

Responsibilities

• Provides specialized administrative support to the Wealth Management business segment, including transactions processing for firm-specific assets, client bill pay services, wire transfers, and check disbursements.
• Creates detailed analytical reports and ad hoc reports for projects, Front Office associates, and Management.
• Interprets the details of proper trust accounting, reversals, and corrections of transactions including free movements, cash disbursements, and gain/loss activity.
• Posts pending trades to allow for the timely settlement of securities trades by SEI.
• Tracks and resolves failed trades.
• Administers bond payments, transfers processing, and balances daily payments.
• Oversees fee setup, maintenance, billing, and collection in the Wealth Management system.
• Solves problems and answers questions from internal customers.

Requirements

• High School diploma or GED
• Two (2) years experience in banking/financial services industry or College Degree

Skills and Competencies

• Ability to multitask with minimal supervision
• Demonstrates a willingness to learn and apply new concepts and can adapt well to change
• Demonstrates the ability to identify and resolve common issues/problems
• Good analytical and problem-solving skills, including attention to detail
• Proficient verbal and written communication skills
• Proficient with Microsoft Office products and programs
• Strong ability to multitask with minimal supervision
• Demonstrated willingness to learn, adapt, and apply new concepts and processes
• Proven ability to identify and resolve common operational problems
• Strong analytical and problem-solving capabilities with exceptional attention to detail
• Effective verbal and written communication skills
• High proficiency with Microsoft Office, particularly Excel (pivot tables, VLOOKUP/XLOOKUP, formulas, data analysis)
• Strong organizational skills with the ability to meet deadlines consistently
• Professional judgment, integrity, and a commitment to operational accuracy and client service
• Experience in wealth management operations, middle office functions, or financial services is highly desirable
• Familiarity with custodial platforms, portfolio management systems, or reconciliation tools is a plus