Banking and Transfer Specialist

As a Banking and Transfer Specialist you will have an opportunity to be a part of a unique financial space on a fast-paced banking team. The ability to place trades relies on the timing of account funding which is what makes it a crucial function to the operation of a financial firm. A tastyworks banking representative's primary role is to act as a liaison between the client and clearing firm to move assets internally as well as from other firms. We're fortunate to have an enthusiastic clientele and are looking for someone to share in the excitement.

Hours: 7-4pm or 8-5pm
This position requires a minimum of 2 days in office

What you’ll do:

• Process all account transfers (ACATs) in a timely manner
• Manually review and process wires, checks, internal transfers, and ACH disbursements
• Remain savvy with IRA related matters and process IRA Distributions
• Scan checks into the internal system on a daily basis
• Provide input and recommendations for improvement regarding current banking policies, procedures, and technologies
• Comply with industry Anti-Money Laundering (“AML”) regulations and assist the AML Officer
• Collaborate with clearing firm on a daily basis
• Provide friendly, accurate, and efficient support via chat, email, and phone regarding any money movement related matters

Who you are:

• Extremely proficient with use of technology
• Ability to collaborate with all departments within the company
• Willingness to collaborate with teammates to address time sensitive issues
• Ability to multi-task in a fast-paced environment
• Strong interpersonal skills, effective in customer interactions, and ability to identify appropriate solutions
• Experience or avid interest in the financial industry
• Basic understanding of trade settlements, options positions, and different security types is preferred
• Detail-oriented mindset with a willingness to learn and uphold applicable regulatory requirements
• Bachelor’s degree or related work experience
• Series 7 (or SIE and 7 Top-Off) and 63 licensed required

Team Perks:

• Performance Bonuses
• Stock Purchase Options
• Tuition Reimbursement Program
• Gym Membership Reimbursement
• Commuter Benefits
• Pet Insurance
• Wellness & Mental Health Programs
• Charitable Donation Matching
• Two Paid Volunteer Days Off
• Daily catered lunch when in the office
• Full kitchen with snacks and beverages
• Dog-friendly office
• In-building gym
• CTA stop a block away, Shuttle to/from Metra
• Office located in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars

Our Company:

The tastytrade family of companies empowers individual traders differently. Founded in 2011 as an online financial media network, tastytrade, Inc. expanded to include other companies like a brokerage firm (tastyworks in 2017), a research lab (quiet foundation in 2018), and a magazine (luckbox in 2019). In 2021, London-based IG Group acquired tastytrade, Inc. and assigned it to lead business in North America, including two of their own established brands – IG US (RFED) and DailyFX. This combined team has years of experience like institutional brokers but also a passion for disrupting the entire trading industry.
Our dream is simple: we want more people to find more success with a better trading experience. That’s why we’re investing heavily in the right people, technology, and media to make that happen in the US and across the globe.

Location:
tastyworks
1000 W Fulton Market #220
Chicago, IL 60607 

*Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they have every single qualification. Our team is dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role but your experience doesn't align perfectly, we encourage you to apply anyways. You may be just the right candidate for this or other roles!