Banking & Transfer Operations Specialist

Tastylive; Chicago (IL); Hybrid; USD 65,000 - 85,000; Full time

Job summary

tastytrade seeks a Banking & Transfer Specialist in Chicago, IL to join the Banking Operations team in a hybrid model (3 days in-office). The role focuses on processing ACATs, wires, checks, internal transfers and EFT/ACH disbursements, serving IRA-related distributions, and providing a reliable liaison between clients and our clearing partners.

You'll advance from banking support toward direct transaction-processing authority while mentoring newer staff and building expertise for future growth

Qualifications

• FINRA Series 7 (or SIE and Series 7 Top-Off) and Series 63 licensure required.
• Hybrid in Chicago: minimum 3 days/week in office.
• Experience with transaction processing and transfers is preferred.

Responsibilities

• Process all account transfers (ACATs) in a timely manner, including full and partial transfers from other brokerage firms.
• Manually review and process wires (domestic and international), checks, internal transfers, and ACH disbursements.
• Manage IRA distributions including early withdrawals, RMDs, and qualified distributions.
• Scan checks into the internal system daily, ensuring accurate record-keeping and timely deposits.
• Support 401(k) roll processing and related custody tasks.

Job description

tastytrade seeks a Banking & Transfer Specialist in Chicago, IL to join the Banking Operations team in a hybrid model (3 days in-office). The role focuses on processing ACATs, wires, checks, internal transfers and EFT/ACH disbursements, serving IRA-related distributions, and providing a reliable liaison between clients and our clearing partners.

You'll advance from banking support toward direct transaction-processing authority while mentoring newer staff and building expertise for future growth