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Outgoing Funds Specialist

IRA Financial

Sioux Falls, SD 57108

Posted/Updated: 2 days ago

Job Description

Job Overview

The Outgoing Funds Specialist is responsible for managing and processing outgoing payments and fund transfers for the organization. This position involves ensuring accuracy and compliance in all outgoing financial transactions, coordinating with various departments and external partners, and providing exceptional service to ensure timely and efficient payment processing.

Job Structure Details

  • On-Site, Sioux Falls, SD
  • Full Time, Monday-Friday, no nights or weekends
  • Non-Exempt/Hourly

Benefits

  • Health, Dental, Vision Insurance
  • 401(k) Employer Contribution of 4%
  • Paid Time Off, Volunteer and Birthday Time Off
  • Parental Leave
  • Paid 30 Minute Lunch
  • Catered lunch every Monday
  • Monthly 15-minute massage

Responsibilities & Duties

  • Oversee and execute the processing of outgoing payments, including wire transfers, ACH transfers, checks, and other methods of fund disbursement.

  • Manage and process distribution requests for various types of IRAs. Ensure all distributions are executed accurately and in accordance with client instructions and regulatory requirements.

  • Ensure all transactions are accurate and processed in a timely manner.

  • Verify and reconcile outgoing payments against account statements and transaction records.

  • Address and resolve any discrepancies or issues that arise during the transaction process.

  • Address client inquiries and concerns related to their account promptly and professionally.

  • Maintain accurate records of all outgoing funds transactions.

  • Maintain up-to-date knowledge of IRA rules and regulations.

  • Work closely with internal teams to ensure seamless experience for clients and support overall business objectives.

  • Other tasks as assigned by management.

Qualifications & Requirements

  • High school graduate or equivalent.

  • Previous experience in financial services, particularly in IRA administration or retirement accounts, preferred.

  • Commitment to delivering exceptional customer service.

  • Previous experience with financial software, databases, and Microsoft Office Suite products.

  • Strong verbal and written communication skills.

  • Excellent attention to detail and accuracy.

  • Ability to prioritize tasks and manage time effectively.

IRA Financial
5024 South Bur Oak Place
Sioux Falls, SD 57108