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Job Details

Susquehanna logo
Proprietary Trading

Funds Processing & Account Opening Specialist

at Susquehanna

ExperiencedNo visa sponsorship

Posted 5 days ago

0 views

The Funds Processing & Account Opening Specialist is responsible for managing account opening and maintenance, processing funds transfers, and providing operational support to the Treasury Administration team. This role involves collaboration with banks, clearing firms, and internal teams to ensure compliance and efficient treasury operations.

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
Not specified

Full Job Description

JOB DESCRIPTION
Overview

Susquehanna is seeking a detail-oriented and highly organized Funds Processing & Account Opening Specialist to join our Treasury Administration team. This role is primarily administrative and critical to ensuring smooth day-to-day cash movement, account management, and operational support for trading activities. You will work closely with clearing firms, banks, and internal teams to open and maintain trading accounts, process funds transfers, and support overall treasury operations.

Key Responsibilities

  • Account Management
    • Coordinate with clearing firms and banks to open, maintain, and close accounts for various entities.
    • Ensure proper documentation and compliance for all account openings and maintenance activities.
    • Partner with Legal and external institutions to facilitate account setup and regulatory adherence.
  • Funds Processing
    • Prepare, approve, and process domestic and international wires for monetary transfers among affiliates and third parties.
    • Perform daily reconciliations of cash accounts and confirm wire transactions.
  • Operational Support
    • Fund bank accounts for general business needs and trading requirements.
    • Monitor and reconcile bank activity against internal systems to identify and resolve discrepancies.
    • Validate GL codes for transactions and inter-company payments, ensuring proper documentation.
  • Compliance & Controls
    • Ensure adherence to internal treasury policies, operational procedures, and regulatory requirements.
    • Participate in audits, internal control reviews, and assist with system enhancements.
  • Process Improvement
    • Contribute to automation initiatives and process improvement projects.
    • Collaborate with technology teams to enhance workflows, dashboards, and exception monitoring tools.

What we're looking for
  • Strong organizational and administrative skills with attention to detail.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Excellent communication skills and proactive problem-solving mindset.
  • Experience with MS Excel required (VBA a plus).
  • Prior experience in treasury, operations, account opening, or middle/back office functions at a financial institution preferred.
  • Bachelor’s degree preferred.
  • Ability to work in a highly confidential environment.

About Susquehanna

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.

#LI-CB1

Job Details

Susquehanna logo
Proprietary Trading

5 days ago

0 views

Funds Processing & Account Opening Specialist

at Susquehanna

ExperiencedNo visa sponsorship

Not specified

Currency not set

City: Not specified

Country: Not specified

The Funds Processing & Account Opening Specialist is responsible for managing account opening and maintenance, processing funds transfers, and providing operational support to the Treasury Administration team. This role involves collaboration with banks, clearing firms, and internal teams to ensure compliance and efficient treasury operations.

Full Job Description

JOB DESCRIPTION
Overview

Susquehanna is seeking a detail-oriented and highly organized Funds Processing & Account Opening Specialist to join our Treasury Administration team. This role is primarily administrative and critical to ensuring smooth day-to-day cash movement, account management, and operational support for trading activities. You will work closely with clearing firms, banks, and internal teams to open and maintain trading accounts, process funds transfers, and support overall treasury operations.

Key Responsibilities

  • Account Management
    • Coordinate with clearing firms and banks to open, maintain, and close accounts for various entities.
    • Ensure proper documentation and compliance for all account openings and maintenance activities.
    • Partner with Legal and external institutions to facilitate account setup and regulatory adherence.
  • Funds Processing
    • Prepare, approve, and process domestic and international wires for monetary transfers among affiliates and third parties.
    • Perform daily reconciliations of cash accounts and confirm wire transactions.
  • Operational Support
    • Fund bank accounts for general business needs and trading requirements.
    • Monitor and reconcile bank activity against internal systems to identify and resolve discrepancies.
    • Validate GL codes for transactions and inter-company payments, ensuring proper documentation.
  • Compliance & Controls
    • Ensure adherence to internal treasury policies, operational procedures, and regulatory requirements.
    • Participate in audits, internal control reviews, and assist with system enhancements.
  • Process Improvement
    • Contribute to automation initiatives and process improvement projects.
    • Collaborate with technology teams to enhance workflows, dashboards, and exception monitoring tools.

What we're looking for
  • Strong organizational and administrative skills with attention to detail.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Excellent communication skills and proactive problem-solving mindset.
  • Experience with MS Excel required (VBA a plus).
  • Prior experience in treasury, operations, account opening, or middle/back office functions at a financial institution preferred.
  • Bachelor’s degree preferred.
  • Ability to work in a highly confidential environment.

About Susquehanna

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.

#LI-CB1