Investment Operations Specialist- Cash Ops.

Job Description

Job Description

PTMA Financial Solutions—provide treasury, liquidity, and investment services to more than 12,000 public entities and 1,000+ financial institutions nationwide. Our family of companies offers investment pool administration, advisory services, bond proceeds management, deposit funding solutions, and more. With operational hubs in Denver and Naperville, and staff across the U.S., we are committed to strengthening communities through financial expertise, innovative technology, and a client-first approach.

Investment Operations Associate – Cash Ops– Job Description

Location : Naperville, IL (Hybrid : In-office Monday, Wednesday, and Thursday; Remote Tuesday, Friday)

No relocation assistance provided.

Essential Duties and Responsibilities –

• 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 PMA 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.

Decision Making / Difficulty of Work :

Minimum Requirements :

Competencies Required

Computer Skills :

Interpersonal Skills :

Communication Skills :

Other Training, Education, Special Skills Required :

Education / Knowledge :