Banking Specialist
Job Description
At Forge, we know our team is our greatest asset. As innovators in the private market, our vision is to deliver a richer future for everyone. We live that vision through our values of being bold, humble and accountable. We experience the value that our vision brings to the world every day, helping the teams behind the greatest innovations of our generation, from space travel to planet-saving, plant-based nutrition and more.
With liquidity solutions, exclusive data and insights, a custody offering, and a vibrant marketplace, Forge’s goal is to power a global private market that is transparent, accessible and seamless for companies, their employees and investors. Through Forge, employees can sell their private shares, employers can reward shareholders with pre-IPO liquidity and individual and institutional investors can participate in private unicorn growth.
Forge's differentiated global marketplace addresses rising demand among individual and institutional investors for exposure to private company stocks and it is building a growing network effect with defensible competitive advantages. The Forge marketplace has over 440,000 registered users and private shares have traded in more than 500 companies since inception, representing over $12 billion in volume across 21,000 transactions.
Needless to say, our ability to offer these powerful financial solutions has generated incredible interest from investors, demand from customers, and a need to grow our team to meet the needs of more companies, teams and innovators in this way.
Forge Trust is a division of Forge Global that helps tens of thousands of customers save for their future, with over $13 billion in assets under custody. Whether it is for buying a house, helping an entrepreneur start a company to change the world, or simply saving for that beach house they dream of living in one day, Forge Trust is a trusted and valued partner in realizing our customers’ dreams for their future years. Forge Trust is also the custodian that underlies LendingClub, WealthFront and Acorns, supporting almost 1.5 million consumers with their financial goals. We see incredible potential in bringing together this powerful platform with the broader trading and data capabilities of Forge Global.
The Role:The Banking Specialist will report to the Cash Services Manager. The position will be responsible for working on multiple functions with our different bank partners. The position will require participation in Cash Services projects such as periodic cash and securities reconciliations.
Responsibilities:- Complete the daily reconciliation of the Trust Company’s bank accounts
- Daily reconciliation of outstanding checks
- Processing and reconciliation of publicly traded stocks and mutual fund trades and accurately applying investor dividends
- Daily processing of outgoing batch ACH/wires
- Assist in sponsor/partner invoicing and reconciliation of fees
- Assist in other Cash Services functions as needed
- Strong attention to detail
- 2-3 years of financial services experience
- Proficient in Microsoft Office
- Excellent verbal and written communication skills
- IRA/Retirement Plan knowledge
- Research experience
- Must be able to sit and/or stand in an office or remote setting for long periods of time while working
Forge is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Date Posted
09/15/2022
Views
5
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