Traditional Asset Specialist (Hybrid-Oakbrook)

Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey – relentlessly pursuing better outcomes for all. We believe in finding the best talent! While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided.

Don’t meet every single requirement? Here at Inspira Financial, we believe there is no “perfect” candidate and want to encourage applying even if all the requirements listed aren’t met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you! We look forward to receiving your application! Check out this Inspira Financial video to learn more about our company!

HOW YOU WILL SOAR:

The Traditional Asset Specialist will report to the Traditional Asset Manager in the R&C Operations Department. This role is responsible for all processing related to traditional securities held in custody by Inspira Financial. Traditional securities include publicly traded stocks, ETFs, bonds, and mutual funds. The department is comprised of two teams: Trade Comparison, Clearance & Settlement (TCCS) and Account Maintenance Activities (AMA). Primary responsibilities of the TCCS team include trade settlement, liquidations, transfers, and order monitoring. Primary responsibilities of the AMA team include dividends, corporate actions, restricted stock, position reconciliations, security master maintenance, and trade adjustments. The candidate will be initially assigned to a specific team and role, and, over time, will rotate functions within and between teams. Within Traditional Operations, there is a high degree of teamwork. The ideal candidate will be a problem solver, resourceful and a great communicator with strong attention to detail, numeric and reconciliation proficiency, and the capacity to multitask and operate in a fast-paced environment.

Review and process daily cash settlements

Post periodic dividends and interest payments to client accounts ensuring appropriate tax coding

Process incoming and outgoing transfers through sub-custodian systems and record transfer transactions once assets have been received or delivered

Process corporate actions, such as stock splits, mergers, conversions and exchanges, which includes sending notifications to clients, maintaining the security master and processing transactions to properly reflect the changes

Reconcile security positions with sub-custodians in a timely and accurate manner

Assist clients with trade questions and place client trades for calls received through Inspira’s trading desk while monitoring open orders to ensure timely and accurate execution

Maintain the Security Master for traditional asset classes in the Trust Accounting System

Vault physical restricted stock certificates and deposit physical marketable securities with the sub-custodian to convert to book-entry positions

Interact with internal departments, external sub-custodians and trading firms in a positive professional manner

Ensure that work generated consistently adheres to Company policies and procedures and meets established service levels

Create and maintain written operating procedures related to assigned functions

Actively share ideas to improve department processes and efficiencies

Other duties as assigned

IF YOU HAVE SOME OR ALL OF THE FOLLOWING, APPLY:

Bachelor's Degree in Accounting, Finance or related field

1 - 3 years of applicable experience

Ability to be detail-oriented, organized and dependable

Possess a strong aptitude for numbers and reconciliations

Proactive and analytical, able to problem-solve and propose solutions

Operate efficiently, with a high degree of accuracy and follow-through

Proven ability to both prioritize and manage multiple tasks to completion

Ability to work effectively and accurately under pressure

Possess excellent verbal and written communication skills

Operate with a high sense of responsibility and conscientiousness in delivering results

Optimistic with a consistently positive and flexible attitude

Demonstrated strong computer aptitude and proficiency with Microsoft Excel, Word and Outlook

Ability to maintain the highest quality of service

Working knowledge of Trust Accounting System, IRAs and alternative assets preferred

Knowledge of publicly-traded securities and experience with processing cash movements preferred

Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com.

We have been recognized for our remarkable growth on lists such as Crain’s Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In’s 2023 Best Places to Work and Gallagher’s 2022 Best-In-Class Employer awards.