Financial Services / Custodial Operations Manager

Remote Financial Services / Custodial Operations Manager

This position pays $90K-$120K. The position is responsible for managing the Financial Services / Custodial Operations team members and process, including all client-related banking transactions. The position will support the Head of Custodial Operations.

Essential Functions :

• Manage the client banking relationship and client banking processes
• Expert understanding online banking systems
• Manage set up of new users, new accounts and administration systems
• Oversee production of daily online transactions (working through banking administrator role)
• Troubleshoot escalated banking discrepancies that need research
• Manage all banking activity controls (operational and security)
• Monitor quarterly analysis fees

Manage and perform bank and plan account reconciliation process, reconciling the underlying bank account or cash account to the corresponding operational administration system of record. The following service areas require monthly reconciliations of different types :

Ensure that effective accounting controls and reconciliation processes are in place for all service areas within Navia. Develop and monitor financial controls for all banking transactions and approval processes. Proactively provide insights to improve operational processes to ensure accurate reconciliation. Support SSAE 18 SOC 1 audit by managing banking controls and responding to audit requests. Develop and oversee ongoing audit controls to ensure that banking processes are being performed and maintained in a manner that minimizes reconciliation issues. Salesforce case management. Manage the Financial Services / Custodial Operations Associates, Team Lead, and Offshore support staff, including coaching and development and accountability for day-to-day tasks. Other duties and ad-hoc projects as assigned.

Requirements :