Banking Operations Specialist, Wire Operations
Job Description
Paylocity is a cloud-based software company that creates customized HR solutions for small to mid-sized organizations. Our workplace enhances communication and enables employees to connect, collaborate, and create from anywhere. Our award-winning culture ensures everyone has a voice and feels truly welcome. Join Paylocity as we shape the future of technology and the workplace!
We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it's career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.
When you feel like you belong, work is no longer work - it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we're doing just that. Join us as we change the future and transform your career!
There are jobs and then there are careers. Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career!
Position Overview:
Banking Operations Specialist, Wire Operations is responsible for handling all of the daily banking tasks, related to wire operations, as well as assist with handling additional banking related needs of our clients and internal partners.
Location: Remote
Responsibilities:
The below represents the primary responsibilities of the position. Other duties may be assigned as needed.
- Effectively handle day-to-day Banking operations with minimal direct supervision
- Provide timely wire instructions to clients under tight timelines and heavy volume
- Assist the Tax Treasury Team in identifying prefunding clients who have not funded their tax liabilities to minimize financial risk
- Develop and recommend policy, procedural, and automation enhancements to promote productivity and controls
- Perform related ad hoc projects including but not limited to; accumulating data for analysis or creating reports at the request of the Team Lead/Banking Manager
- Assist in managing escalated issues & exception requests, and be able to provide solutions to improve overall client experience
- Provide training and assisting in development of other team members
- Research and resolve out of balance transactions on various tax and direct deposit reports
- Forecast tax projections and recommend transfer of funds between company accounts by reviewing and analyzing expected tax collections and deposits
- Effectively interpret credit reports to assist in decision making process on client prefunding
- Responsible for auditing incoming wire reports to verify all received wires have been recorded and reconciled
- Assist internal departments with any questions/inquiries through emails, phones and Salesforce cases.
- Achieve high level understanding of internal Banking department processes
- Assist clients by setting them up on a reverse wire with participating banks and responsible for testing that set up is accurate and complete
- Assist in training and development of Banking Specialist I
- Handle additional tasks to support Banking Team
- Ability to perform all Level job responsibilities, as needed
Requirements:
- Bachelor's degree preferred or equivalent banking/financial operations experience (5+ years)
- Prior leadership experience preferred
- Payroll Service Bureau Experience a plus
- Intermediate to advanced level experience with Microsoft Excel, Word, and Outlook
- Experience supporting high call & email volume of along with other duties
- Ability to work in a fast-paced environment under pressure of high monetary/high risk transactions
- Ability to work until 9pm CT on occasion during peak season; can accommodate flexible schedule outside peak season
- Strong communication skills and problem-solving ability
This role can be performed from any office in the US. The pay range for this position in Colorado is $39,520 - $65,000/year; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position offers a comprehensive variable compensation package, in addition to a full range of benefits outlined here. This information is provided per the Colorado Equal Pay for Equal Work Act. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers.
Paylocity is an equal opportunity employer.
Paylocity is committed to the full inclusion of all individuals. We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact [email protected]
Date Posted
10/06/2022
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