Paylocity
Schaumburg, IL

Manager Banking Operations at Paylocity (Northwest Suburbs, IL)

| Northwest Suburbs
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Our all-in-one software platform gives HR pros a way to easily manage daily tasks in payroll, benefits, talent, and workforce management.

But what makes us different is that our technology is backed by a culture that cares. We care about our team members, clients, and partners – because people matter most. And people have always been at the heart of our business.

Since our founding in 1997, this is the thing that's stayed the same, from our employees to the millions of users nationwide that access our platform. We pride ourselves on partnering with our clients to build the workplace they and their employees crave.

 

Let's go forward together.

 

Position Overview:

The Banking Operations Manager will report to the Director of Banking Operations. Paylocity processes over $134 billion in payroll transactions for its more than 40,000 clients.

This role will be responsible for managing all aspects of ACH Operations.

 

Location: Schaumburg, IL

Reports To: Director, Banking Operations

 

Responsibilities:

  • Manage all aspects of payments Operations to assure timely and accurate handling of transactions.
  • Primary functions include but are not limited to daily ACH file origination to all of our partner banks and managing ACH exception items: 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.
  • 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.
  • Strong experience in developing and managing the NACHA self-audit process
  • 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.
  • 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

Requirements:

  • Bachelor’s degree in accounting, finance or other quantitative program required.
  • 5+ years people management and/or leadership experience working with several financial institutions/payroll/payment processors across ACH operations
  • Experience in moving high volume of financial transactions across multiple platforms
  • NACHA certifications are a major plus (AAP)
  • Strong interpersonal, organizational and analytical skills
  • Knowledge of banking rules and regulations.
  • Demonstrated ability to analyze applicable regulatory risks/changes and apply understanding to development of policies and processes

As of 4/6/2021 this job excludes CO applicants

 

Our journey forward.

Paylocity strives to create an organizational culture where every employee has a voice, feels truly welcome, appreciated, and free to be themselves, and is empowered and enabled to do their best work. A strong commitment to diversity, equity, and inclusion is critical to creating such a culture.

We’ve made great strides to support diversity, equity, and inclusion. That being said, we realize there’s still room for improvement. Our current focus is on the following initiatives:

  • Education & Awareness
  • Client Community
  • Company Representation
  • Advocacy & Support
  • Fairness & Equality
  • PCTY Gives

Want to learn more, click here to access our DEI flipbook. https://www.flipsnack.com/paylocitycom/diversity-equity-and-inclusion.html

This job description has been written to provide an accurate reflection of the current job and to include the general nature of work performed. It is not designed to contain a comprehensive detailed inventory of all duties, responsibilities, and qualifications required of the employees assigned to the job. Management reserves the right to revise the job or require that other or different tasks be performed when circumstances change.

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Where we are

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.

Technology we use

  • Engineering
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • SqlLanguages
    • AccessDatabases
    • Microsoft SQL ServerDatabases
    • OracleDatabases
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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
Documented equal pay policy
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Onsite Gym
Mental Health Benefits
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
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
Cross functional training encouraged
Promote from within
Mentorship program
Online course subscriptions available

An Insider's view of Paylocity

How would you describe the company’s work-life balance?

Paylocity's work-life balance is better than any employer I have had previously. I have never been told that it's ok to take a mental health day, I needed that, just to be told that its ok to do is enough to let you know that Paylocity cares about our mental health. The happier we are the better we work. I am so glad to be a part of this team!

Dana

Support Specialist II

How has your career grown since starting at the company?

I started at PCTY right out of college as part of the New College Grad program which is part of the path to becoming a Software Engineer. I get to learn about and discuss the latest technologies and deepen my understanding of designing solutions for customers. I have seen myself grow into someone who has solutions to problems and brings ideas.

Brynn

Associate Software Engineer

How would you describe the company’s work-life balance?

I've never felt like I had to choose work over myself or my family. If I have to take care of something outside of work my manager is very supportive and the understanding that I'll get my work done is there. I have been able to set boundaries and "turn off" work when I need to. I love the fact that I have a true work family that cares about me.

Evan

Human Resources Business Partner

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