Banking Operations Manager

| Northwest Suburbs
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The Banking Operations Manager will report to the Director of Banking Operations. This role will include responsibilities on the Banking Operations team, including wire transfers and ACH activity, where Paylocity processes over $134 billion in payroll transactions for its more than 20,000 clients. This role requires the ability to multi-task and to develop strong working relationships with individuals across the organization.

 

What you'll do:

  • Manage operational tasks related to wire transfers, ACH returns, and collection processes to assure timely and accurate handling of transactions.
  • Closely monitor ACH company-level returns to reduce at-risk exposure; communicate with clients and service partners as needed to ensure effective resolution of issues.
  • Monitor daily workflow within the department to ensure that all deadlines are met and resources utilized effectively.
  • Ensures that Customer Satisfaction is delivered efficiently and timely through the proper management of emails, calls, and Salesforce cases.
  • Responsible for the supervision, coaching, and training of direct reports.
  • Responsible for reviewing and auditing the ACH file process 2+ nights per week.
  • Collaborate with other banking managers to conduct quarterly and annual banking partner audits.
  • Works to understand the critical and ever-evolving payments landscape and keep the department abreast of and ready for industry changes
  • Execute against a formal business continuity program across banking operations team, including ongoing planning around financial institutions and related matters
  • Work with other members of the leadership team on efforts surrounding the management of money movement, including ACH, wires, and other banking operations
  • Assists in conversion processes relating to bank mergers and acquisitions, system upgrades, and new releases.
  • Drive continuous process improvement by effectively engaging with internal and external technology teams to develop and deploy tech-enabled automation to achieve efficiency and scalability.
  • Maintain and conduct ongoing reviews of all banking relationships, including reviews of financial strength and the evolution of long-term relationships
  • Additional duties as directed by management

 

What you bring:

  • Bachelor’s degree in accounting, finance or other quantitative program required;
  • 5+ years people management and/or leadership experience working with several financial institutions across ACH & wire operations
  • Experience in moving high volume of financial transactions across multiple platforms
  • Knowledge of banking regulations.
  • Demonstrated ability to create process and develop structure at a growing company
  • Demonstrated ability to analyze applicable regulatory risks/changes and apply understanding to the development of policies and processes
  • Demonstrated ability to multi-task across a wide variety of projects and topics
  • High level of Integrity
  • Strong interpersonal, organizational and analytical skills #SH

 

In response to COVID-19 & Paylocity’s commitment to keeping our employees safe, our Finance Team is currently working remotely.  You will onboard and receive training remotely. In the future, this role will be required to work onsite, as outlined by the department, once local government orders indicate that it is possible in addition to when Paylocity determines it is safe to do so. 

 

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Technology we use

  • Engineering
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • SqlLanguages
    • AccessDatabases
    • Microsoft SQL ServerDatabases
    • OracleDatabases

Location

Our office has modern workspaces, a cafe, and a gym. But since we're a talent-anywhere company, you may find our team members all over Chicagoland.

What are Paylocity Perks + Benefits

Paylocity Benefits Overview

Our commitment to hiring the best and brightest employees with a “talent anywhere” strategy means that no matter where you’re located around the country, you can be a part of our growing tech department

• Enjoy an attitude of trust to work remotely, manage your own schedule and be productive
• Work in small, cross-functional product-oriented teams
• Showcase development progress in two-week sprints with strong executive involvement
• Embrace the freedom to innovate, voice opinions and share new ideas

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Highly diverse management team
Unconscious bias training
Someone's primary function is managing the company’s diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
We have a talent anywhere culture, where employees can work anywhere in the US and/or work from one of three US offices located in Illinois, Florida, and Idaho
Family Medical Leave
Adoption Assistance
Company sponsored family events
Acme co. sponsors family oriented events Annually.
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Parking
Recreational Clubs
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Acme Co. hosts lunch and learn meetings on occasion.
Cross functional training encouraged
Promote from within
Mentorship program
Our mentorship program includes 1-to-1 program, Cross-department program, Leadership mentoring.
Online course subscriptions available
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