What are the responsibilities and job description for the Funding Specialist, TES Risk Management I position at Insperity Payroll Services, L.L.C.?
Insperity provides the most comprehensive suite of scalable HR solutions available in the marketplace with an optimal blend of premium HR service and technology. With more than 90 locations throughout the U.S., Insperity is currently making a difference for thousands of businesses and communities nationwide.
Behind our success is the unshakeable belief in the value of our people. We value diversity, inclusivity and a sense of belonging. We celebrate work and life events, and we partner with our clients and communities to make great things happen.
We have received recognition numerous times as a top place to work, most recently ranking on Glassdoor’s “Best Places to Work in the U.S. 2024” list, and U.S. News & World Report’s “Best Companies to Work for 2024” list. In addition, we have been recognized for having one of the country’s Top 50 Midsize Early Talent Programs by RippleMatch’s 2024 Campus Forward Awards. There is no better time to be a part of Insperity, and our best work is yet to come. Learn more at Insperity.com.
Why Insperity?
Flexibility: Over 80% of Insperity’s jobs have flexibility. We want your time to have balance, whether it’s spent with coworkers, clients, family or your community.
Career Growth: Insperity provides many ways to grow with the company. We offer continuous learning programs, mentorship opportunities and ongoing training.
Well-Being: Our total rewards package includes generous paid time off, top-tier medical, dental and vision benefits, health & wellness support, paid volunteer hours and much more. We take care of our people so that you can do your best work.
ESSENTIAL FUNCTIONS
Identifies and communicates potential fraud threats to senior management, while staying current on industry trends and threats. Investigates known external/internal fraud attempts/successes and implements countermeasures to mitigate losses.
Resolves outstanding client NSF up to and including client termination resulting from uncured defaults, including non-funding of monthly invoices or payroll when due in partnership with Traditional Employment Solutions (TES) Compliance.
Conducts analysis and interpretation of risk criteria including client financial statements to determine ongoing customer creditworthiness and degree of risk involved in extending unsecured payment terms to prospective and existing clients.
Prepares funding recommendations to management against risk criteria standards and to ensures oversight of high-risk decisions.
Pursues collections of outstanding monies owed Insperity, directly with current or former clients and works with third-party collection agencies, as needed.
Stays abreast of known fraud schemes, best prevention practices, and prevention education to continue to grow the fraud mitigation culture among all areas of funding.
Identifies and communicates potential fraud threats to TES leadership, while staying current on industry trends and threats.
Participates in all fraudulent activity investigations (check, cyber, ACH, identify) to fully understand all aspects of the attempts/successes to develop mitigating strategies to prevent future occurrences.
EDUCATION / EXPERIENCE REQUIREMENTS
Bachelor’s Degree in Finance, Accounting, Criminal Justice, Economic Crime Investigation, or Business or four years of related experience is required.
Three or more years of experience in Finance, Investigations, Banking, Compliance is required.
This job specification should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required by their supervisor.
At Insperity, we celebrate the diversity of our employees and our leadership. Insperity is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.