Funds Transfer Specialist

2 weeks ago


Oak Brook, Illinois, United States Inspira Financial Full time
Job Overview

Join Inspira Financial as a vital member of our team, where your expertise will contribute to the financial success of both businesses and individuals. We are dedicated to creating a people-oriented and client-focused environment, driving results that align with our mission of integrity and excellence.

About Us: At Inspira Financial, we are committed to enhancing the health and wealth journey for our clients. Our team is composed of innovative thinkers who strive for better outcomes for all. We value diversity and encourage candidates from all backgrounds to apply, as we believe in building an authentic workplace.

Position Summary: The Cash Management Specialist will work under the guidance of the Cash Management Manager within the R&W Operations Department. This role is crucial in overseeing daily cash operations, ensuring the smooth processing of incoming and outgoing funds, including checks, wires, ACH, and RTP.

Key Responsibilities:

  • Process and manage all aspects of cash transactions, including wire transfers and ACH submissions.
  • Sort and prepare checks and documents for batch processing with accuracy.
  • Verify the quality of scanned checks and documents for internal review.
  • Monitor and review check processing reports to ensure compliance with service levels.
  • Facilitate notifications for incoming cash funding related to wires and ACHs.
  • Remit federal and state tax withholding payments accurately.
  • Maintain the integrity of financial transactions and reporting.
  • Communicate effectively with banking partners to resolve any issues.
  • Manage departmental communications, including email and client inquiries.
  • Assist in the development and review of departmental policies and procedures.
  • Utilize sound judgment to escalate issues when necessary.
  • Perform additional duties as assigned by management.

Qualifications:

  • 1-3 years of experience in banking or a related field.
  • Bachelor's Degree in Business, Finance, or a related discipline.
  • Strong analytical skills with a proactive approach to problem-solving.
  • Proficient in Microsoft Office Suite, including Teams, Excel, Word, Outlook, and PowerPoint.
  • Excellent verbal and written communication abilities.
  • Detail-oriented with strong organizational skills.
  • Ability to work collaboratively within a team environment.
  • Familiarity with trust accounting systems and Salesforce CRM is preferred.
  • Knowledge of ACH and electronic fund transfer processes is advantageous.

Inspira Financial is dedicated to providing comprehensive health, wealth, retirement, and benefits solutions. With a significant client base and a commitment to excellence, we strive to help individuals and businesses achieve their financial goals. Discover more about our mission and values.



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