Back Office Money Movement & Reconciliation Specialist

Socket.dev; Draper (UT); Hybrid; USD 50,000 - 75,000; Full time

Job summary

Marcus by Goldman Sachs is seeking a Back Office Money Movement and Reconciliation Specialist to oversee cash flow processes, including wires, ACH, checks, and internal transfers. You will ensure timely task completion and escalate discrepancies, working with multiple departments to resolve issues.

The role emphasizes checking payments against ledgers, collaborating with Risk, Compliance, Legal, Treasury and Technology, and delivering reports within SLAs.

Qualifications

• Strong customer service experience with excellent verbal and written communication skills
• Basic understanding of banking operations, including check payments, wires and ACH
• Strong analytical, problem-solving, and organizational skills with a risk and control mindset, consistently taking ownership and accountability for tasks and projects
• Self-motivated, detail-oriented, and flexible, capable of prioritizing tasks and performing effectively under pressure in a team environment, including adapting to occasional overtime
• High School Diploma

Responsibilities

• Understand basic banking concepts with an emphasis on cash flows of money movement processes: incoming/outgoing wires, outgoing ACH, outgoing checks, internal transfers, and suspense breaks
• Perform thorough checks of payments and reconcile them against general ledgers, promptly escalating and resolving any identified discrepancies
• Interact effectively with various firm-wide stakeholders, including Risk, Compliance, Legal, Treasury, and Technology, to resolve payment issues and implement improvements
• Complete assigned casework, manage queues, and generate reports within specified Service Level Agreements (SLAs)
• Escalate critical issues timely and confidently communicate with upper management regarding tasks, processes, and potential improvements

Skills

Customer service

Banking operations

Analytical thinking

Attention to detail

Communication

Education

High School Diploma

Job description

Marcus by Goldman Sachs is seeking a Back Office Money Movement and Reconciliation Specialist to oversee cash flow processes, including wires, ACH, checks, and internal transfers. You will ensure timely task completion and escalate discrepancies, working with multiple departments to resolve issues.

The role emphasizes checking payments against ledgers, collaborating with Risk, Compliance, Legal, Treasury and Technology, and delivering reports within SLAs.