Job Details

Funds Processing & Account Opening Specialist

Location: Bala Cynwyd, PA

Work Schedule: Hybrid (4 days onsite, 1 day remote)

Compensation: $70,000 – $85,000 base salary

Overview

A leading financial services organization is seeking a Funds Processing & Account Opening Specialist to join its Treasury Administration team. This is a newly created, hands-on operational role supporting high-volume cash movement, account management, and trade-related activity in a fast-paced environment. The position plays a critical role in daily financial operations and requires strong attention to detail, professionalism, and the ability to work with senior stakeholders.

Key Responsibilities

Account Management

• Coordinate with banks and clearing firms to open, maintain, and close accounts
• Ensure all documentation meets internal, regulatory, and compliance standards
• Partner with internal legal and operational teams to support account setup and maintenance

Funds Processing

• Prepare, review, and process domestic and international wire transfers
• Manage daily cash movements across a large volume of accounts
• Perform daily cash and wire reconciliations to ensure accuracy

Operational Support

• Fund bank accounts to support trading and business activity
• Monitor and reconcile bank activity against internal systems
• Investigate and resolve discrepancies in a timely manner
• Validate general ledger coding for transactions and intercompany payments

Compliance & Controls

• Adhere to internal treasury policies, procedures, and regulatory requirements
• Assist with audits, internal control reviews, and operational reporting

Process Improvement

• Support automation and process improvement initiatives
• Collaborate with technology teams to enhance workflows, reporting, and monitoring tools

Qualifications

• 2–10 years of experience in financial services operations, treasury, cash operations, or account opening
• Prior experience handling wire transfers or high-volume cash movement strongly preferred
• Strong organizational skills and exceptional attention to detail
• Ability to manage multiple priorities in a fast-paced environment
• Professional communication style with the ability to interact with senior stakeholders
• Proficiency in Microsoft Excel required (VBA a plus)
• Bachelor's degree preferred but not required