Wire Monitor Team Associate

Gen II is currently seeking Wire Team Associate I (“Associate”) to join our growing team of professionals. This individual will be actively involved in the services noted below on multiple client engagements.

Tasks and responsibilities:

• Prepare a high volume of domestic and international wire transfers using both instances of Hazeltree in addition to online banking portals and cloud based third-party systems while maintaining a low error rate.
• Maintain an audit trail of each outgoing cash flow by utilizing a wire log to track each stage of the wire preparation and approval process. Manning order and completion of wire and data change requests via Gen II Treasury Wires inbox.
• Analyze and interpret a high volume of incoming emails. Download the necessary documents using a combination of software and investment portals. Using various resources analyze each document to ensure it is saved to the appropriate investment folder then route the email to the correct client service personnel (composed of accountants and investor service professionals). Additionally, assign all upcoming cash flows to the appropriate client service personnel using a task assignment application then record all outgoing cash flows in the team wire log. For Gen II instance review all wire request and payee changes requested by Client Services for coding errors, incorrect formatting, and current data within Hazeltree. Copresence with clients on rejected data and following up on wire approval (reminders) with client
• Utilize the AI software Canoe to help download and analyze incoming monitor documents. Clear canoe exceptions by analyzing the data and ensuring the AI system is properly configured. Track errors within the Canoe system to be reported to the project team.
• Provide support, on an as-requested basis, to the accountants, investor service professionals and Client Services in the office and remote locations.
• Operate in a deadline driven, high volume and constantly changing environment.
• Other assigned projects
• Overtime is based on business needs

Individual Projects:

• Manage the LastPass password vault for all client portal access. Add, update, and remove entries in the system as notified by the Treasury team or the Client Service teams.
• Maintain the Investment Responsibility List in the Smartsheet application by adding, updating, and removing funds and investments as the team is notified of new or liquidated investments or funds
• Analyze, download, and save the daily reports received from BNY Mellon bank before forwarding the emails to the appropriate Client Service teams.
• Daily utilize the Hazeltree system to pull a report of previous day cash balances. Format and save the report before sending it on to the Client Service teams to sign off on any variances. Continually follow up throughout the day with the Client service teams to ensure every fund is signed off on before passing on the completed report to an Associate 2.
• Assist Implementation team with onboarding as needed and available for “Go lives” for wire prep and training.

Upon employment, Associates receive a competitive hourly wage between $22.00 – $24.50, along with a generous benefits package.

Qualified candidates will possess the following experience and qualities:

Required attributes:

• Associate Degree or 1 – 3 years of banking/finance experience
• Proficiency with Microsoft Office applications
• Strong work ethic
• Ability to multi-task and meet deadlines
• Meticulous attention to detail
• Strong organizational and analytical skills
• Excellent verbal and written communication skills
• High degree of professional poise
• Strong relationship building skills
• Ability to thrive as part of a team, while also being able to work independently

Desired attributes:

• Bachelor’s degree
• Prior professional experience working in an office environment

Work Arrangement

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.

About the Company 

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts. 

Key Facts:

• Administering over $1T in assets
• Servicing nearly every significant investor in the asset class
• Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
• The most experienced and best performing team in the industry

https://gen2fund.com/candidate-privacy-statement/

Salary : $22 - $25