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← Tastytrade

Banking & Transfer Specialist

Tastytrade
Location
Chicago, IL
Posted
18 days ago
Department
tt - Banking Services
Salary
$60,000-$80,000
What they actually want (must-haves)
  • FINRA Series 7 (or SIE and Series 7 Top-Off) and Series 63 Certified
  • Minimum 1-3 years of experience in banking operations, brokerage operations, or a similar licensed role
  • Demonstrated track record of accuracy and sound judgment in transaction processing decisions
  • Strong understanding of ACAT transfer processes, wire processing, check handling, and ACH disbursements
  • Solid knowledge of IRA distribution rules, rollovers, and 60-day rollover requirements
  • Experience mentoring or training team members
What the job really is

As a Banking & Transfer Specialist at tastytrade, you will be responsible for processing account transfers, wires, checks, and ACH disbursements, acting as a liaison between clients and the clearing firm. You will also handle escalated inquiries, provide support to customers, ensure compliance with regulations, and mentor junior team members. This role requires a strong understanding of banking operations and transaction processing, with opportunities for career development and leadership.

Benefits
  • Performance Bonuses
  • Stock Purchase Options
  • Medical/Vision/Dental Benefits
  • 401k Plan
  • 20 Paid Vacation Days (plus an additional paid vacation day the month of your birthday!)
  • 10 Paid Sick Days
Things to weigh
  • Hybrid work model requires minimum 3 days/week in office
  • Salary range is $60,000-$80,000, which may vary based on experience
  • Role involves handling complex transaction issues and requires strong decision-making skills
  • Mentorship responsibilities may require additional time and effort
Job score4.6/5
Benefits5/5
Freshness4/5
Career value4/5
Role clarity5/5
Pay transparency5/5

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