Banking Operations Specialist II (Wires)

Paylocity
Schaumburg, IL, US
$50K-$62.4K a year
Full-time

Job Description

Job Description

Description :

Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce.

The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture.

While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce.

We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances.

And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.

There are jobs and then there are careers . Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed.

Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen.

Join Paylocity and launch your career!

Position Overview :

The Banking Operations II is responsible for handling all the daily banking tasks, related to wire operations, as well as assist with handling additional banking related needs of our clients and internal partners.

Schedule : General schedule is 9 : 30am-7 : 00pm CST with required flexibility to adjust work schedule dependent on business need.

Responsibilities :

The below represents the primary responsibilities of the position. Other duties may be assigned, as needed.

  • Effectively handle day-to-day wire related banking operations with minimal direct supervision
  • Provide timely wire instructions to clients under tight timelines and with significant volume
  • Assist the Tax Treasury Team in identifying prefunding clients who have not funded their tax liabilities to ensure financial risk is minimized
  • Research and resolve out of balance transactions on various tax and direct deposit reports
  • Responsible for auditing incoming wire reports to verify all received wires have been recorded and reconciled
  • Assist internal departments with any questions / inquiries through emails, phones and Salesforce cases.
  • Assist clients on reverse wire setups with participating banks and responsible for testing that set up is accurate and complete
  • Perform related ad hoc projects including but not limited to; accumulating data for analysis or creating reports at the request of the Team Lead / Banking Manager
  • Assist in training and development of Banking Specialist I
  • Handle additional tasks to support Banking Team
  • Ability to perform Level I Objectives, as needed

Requirements :

  • Bachelor’s degree preferred or equivalent banking / reconciliation experience (2-4 years)
  • High school diploma or GED required.
  • Back-end operational wire processing experience required
  • Payroll Service Bureau Experience a plus
  • Intermediate to advanced level experience with Microsoft Excel, Word, and Outlook
  • Experience supporting high call & email volume of along with other duties
  • Ability to work in a fast-paced environment under pressure of high monetary / high risk transactions

Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law.

At Paylocity, we believe diversity makes us better.

We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.

We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities.

To request reasonable accommodation in the job application or interview process, please contact leavebenefits@paylocity.

com. This email address is exclusively designated for such requests, aligning with federal and state disability laws. Please do not send resumes to this email address, as they will be removed.

This role can be performed from any office in the US. The pay range for this position is $50,000- $62,400 / yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience.

This position offers a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed.

Base pay information is based on market location. Applicants should apply via www.paylocity.com / careers.

Requirements :

10 days ago
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