ACAT & IRA Transfer Operations Specialist

Tastyworks; Chicago, Northern (IL, KY); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Performance Bonuses

Stock Purchase Options

401k Plan

20 Paid Vacation Days

10 Paid Sick Days

Pet Insurance

Wellness & Mental Health Programs

Charitable Donation Matching

Daily catered lunch in office

Shuttle to Metra

Job summary

tastytrade, located in Chicago, IL, is seeking a Banking & Transfer Specialist to support processing ACATs, wires, checks and internal transfers within a hybrid work environment (3 days in office). You will coordinate with the clearing firm, handle IRA distributions, and mentor junior staff while ensuring regulatory compliance.

The role reports to the Senior Manager, Banking Operations and requires FINRA Series 7 (or SIE + 7 Top-Off) and Series 63, plus 1–3 years of banking/brokerage operations

Qualifications

• FINRA Series 7 (or SIE and Series 7 Top-Off) and Series 63 Certified
• Currently or previously held a Banking Support Specialist role, or equivalent experience in banking operations
• Minimum 1-3 years of experience in banking operations, brokerage operations, or a similar licensed role
• Demonstrated track record of accuracy and sound judgment in transaction processing decisions

Responsibilities

• Process all ACAT transfers (full and partial) from other brokerage firms
• Review wires, checks, internal transfers, and ACH disbursements
• Handle IRA distributions and IRA rollovers, including 60‑day rollover matters
• Resolve ACAT rejections or documentation issues with contra firms
• Act as escalation point for Banking Support Specialists on funding and transfer matters
• Maintain AML compliance and audit documentation for regulatory purposes
• Mentor Banking Support Specialists and share best practices

Education

Bachelor's degree or related work experience

Job description

tastytrade, located in Chicago, IL, is seeking a Banking & Transfer Specialist to support processing ACATs, wires, checks and internal transfers within a hybrid work environment (3 days in office). You will coordinate with the clearing firm, handle IRA distributions, and mentor junior staff while ensuring regulatory compliance.

The role reports to the Senior Manager, Banking Operations and requires FINRA Series 7 (or SIE + 7 Top-Off) and Series 63, plus 1–3 years of banking/brokerage operations