Treasury Associate

Ultimus Fund Solutions; City of Albany (NY); On-site; USD 52,000 - 72,000; Full time

Job summary

Ultimus Fund Solutions in Albany, NY is seeking a Treasury Associate to prepare wires, ACHs and checks across multiple banking platforms. You will review transactions, advise colleagues, and support treasury procedures with a high level of accuracy.

The role involves processing deposits, monitoring compliance lists, and supporting special projects while coordinating with various teams. Strong Excel skills and attention to detail are essential.

Qualifications

• Two-year degree in business, accounting, finance or related field preferred.
• 0-2 years’ experience in banking, treasury, accounting or finance with exposure to electronic payments.
• High attention to detail and ability to multitask in a fast-paced environment.
• Excellent communication, organization and problem-solving skills required.

Responsibilities

• Prepare transactions including wires, vendor ACHs and checks on multiple banking platforms.
• Process bulk investor wire payment files.
• Obtain and demonstrate understanding of 20+ online banking platforms.
• Process digital and mailed deposits and maintain incoming check log.
• Collaborate with other units to obtain support to process payments.
• Scan and monitor KYC/OFAC compliance and watch lists.
• Assist in maintaining internal procedures and company resources.
• Coordinate and complete special projects as needed.

Skills

Attention to detail

Multitasking

Communication

Organization

Planning

Problem solving

Time management

Education

Two-year degree in business, accounting, finance or related field

Tools

Microsoft Excel

Job description

The Treasury Team is responsible for the development, implementation, research, and review of treasury and compliance processes for transaction requests and other items created on behalf of our clients. This includes staying current with industry regulations and standards. This position is fast-paced, high volume and team oriented. The individual’s primary responsibility will be to accurately prepare wires, ACH and check payments. Assisting in the review of transactions prepared by other teammates. Advising on electronic payment and banking platform application questions, and assist with training and updates for treasury procedures. An ability to professionally and confidently advise colleagues on processes is required. Projects and ad hoc tasks will be assigned to this position as needed.

Responsibilities:

• Prepare transactions including investment wires, vendor ACHs and checks on multiple banking platforms
• Process bulk investor wire payment files
• Obtain and demonstrate thorough understanding of 20+ online banking platforms
• Process digital and mailed deposits and maintain incoming check log
• Collaborate with other functional units to obtain all support necessary to process payments
• Scanning and monitoring KYC/OFAC compliance and watch lists
• Assist in the support and maintenance of internal procedures and company resources
• Coordination and completion of special projects as dictated by the company

Qualifications:

• Minimum of a two-year degree in business, accounting, finance or related field preferred
• 0-2 years’ experience in banking, treasury, accounting or finance with direct exposure to electronic payments.
• High attention to detail and ability to multitask without hindering accuracy and timeliness in a fast-paced environment with competing demands is a must
• Excellent communication, organization, planning, and problem-solving skills required
• Proficiency in Microsoft Excel required
• Self-starter and highly motivated to follow projects through to completion while handling competing demands that may require immediate attention