Cash Settlement Account Sr Specialist - PP Trust

Pacific Premier Bank Denver , CO 80208

Posted 2 months ago

The Senior Cash Settlement Specialist is part of a team responsible for processing all aspects related to incoming and outgoing cash funds such as wire transfers, ACHs, and checks. Works on functions such as processing incoming funds, processing outgoing wire / ACH/ and check files, handling exception items as required, as well as helping to actively identify, recommend, and implement ways to improve processes to ensure Gold Standard service Works on various projects at the request of the Cash Settlement Supervisor.

RESPONSIBILITIES

  • Validate all incoming checks, wires, and ACHs using internal applications to ensure receipt

  • Maintain integrity and accuracy in financial transactions and reports

  • Ensure that all processing consistently meets established service levels, policies, and procedures and complete with a high degree of accuracy

  • Records important notes and supporting documentation in the client's account file

  • Process incoming and outgoing wire / ACH / Check files

  • Process federal and state tax withholding

  • Manage client and asset sponsor inquiries with professionalism

  • Use available resources to effectively solve problems and escalate as appropriate

  • Appropriately prioritizes tasks and work responsibilities to achieve objectives

  • Communicates with banking relationship to address any issues and inquiries

  • Commitment to enhancing the client experience and provide operational and administrative support to all teams

  • Manage department email boxes, including e-fax

  • Assist in reviewing and creating department policies and procedures

  • Assist in training and development of peers as requested

  • Successfully leads company initiatives, ad hoc projects, cleanup efforts and participates in audits as necessary

QUALIFICATIONS

  • 3+ years of Banking experience required

  • Preferred working knowledge of trust accounting systems, IRAs, and alternative assets

  • IRA/IRS rules and regulations knowledge and experience is preferred

  • 3+ years of Electronic Fund Transfer experience, knowledge ACH/Wire transfer procedures

This position starts at $21.24 - $26.55. A discretionary bonus may be provided as part of the compensation package, in addition to a range of medical, financial, and/or other benefits, dependent on the position offered. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

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Cash Settlement Account Sr Specialist - PP Trust

Pacific Premier Bank