Banking and Financial Operations Leader at Fortress IO (Salt Lake City, UT)
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Who is Fortress?
Fortress Financial Technologies is a Web3 FinTech company building technology-driven (API) infrastructure for financial, regulatory, and e-payment needs. Fortress serves traditional and modern markets, including banking, neo-banking, blockchain technologies, cryptocurrency, ePayments, and tokenization. With our products and APIs, clients can build their platforms with everything they would need to modernize within our burgeoning digital economy. Fortress Trust, a wholly-owned subsidiary and Chartered Trust company provides embeddable financial infrastructure and is founded by a team of former banking commissioners/regulators, career bankers, and VC-backed entrepreneurs with several exits.
Job Summary
We are looking for a Banking & Financial Operations Leader who is interested in creating and leading a team overseeing daily banking transactions in customer accounts including ACH, wire, and internal transfers.
In this role, you will monitor issues and appropriate escalations within the Fortress teams. You will resolve client inquiries and issues on a timely basis and as accurately as possible through collaboration with the Fortress team. You will be a conduit between our trust and financial obligations and be the backbone for our banking partners and their services.
This is a key role that will help craft how our banking operations work. The best candidate will come from a tech company background and already have experience in a similar context.
Looking for someone on location at one of our offices in Austin or Salt Lake City.
Responsibilities
- Provide specialized operational support to clients using the company's products.
- Manage day-to-day bank transfers in customer accounts.
- Provide comprehensive service for our internal/external clients.
- Gather end-of-day reports.
- Monitor user balances and system reconciliation of customer accounts.
- Help create automation in funds processing. Monitor issues and appropriate escalations within the Fortress teams.
- Resolve client inquiries and issues on a timely basis and as accurately as possible through effective collaboration between the company's teams.
- Collaborate and coordinate with other teams and departments to act upon operational-related requests.
- Contribute towards continuous improvements of daily operational procedures.
- Develop and maintain robust internal controls, reconciliations & reporting procedures.
- Support regulatory and financial examinations/requests.
Qualifications
- 5+ years of proven knowledge and experience in the funds processing landscape, particularly with ACH and Wire transfers.
- Minimum of 7 years of experience in financial services overall.
- Bachelor’s degree or higher is preferred.
- Ability to switch priorities quickly in a fast-paced environment.
- Transparent and direct communication style with sound judgment and respect.
- Comfortability with learning and using new software tools.
- Demonstrated understanding of various forms of risk, including market, operational, legal, and regulatory aspects.
- Proven track record of identifying, solving, and preventing compliance-related issues.
- Demonstrated success in reviewing customer data with an emphasis on risk evaluation.
- Team focused mindset, eager to collaborate with others to solve problems.
- Excellent communication skills both inside the organization, as well as externally with clients.
We Offer
- Highly competitive compensation packages
- Comprehensive benefits, including 100% paid medical insurance coverage for you and your dependents
- Unlimited PTO
- Professional growth and development
- 401k
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