Recurring Payments Analyst
Bessemer Trust is a family office managing over $250 billion in assets for wealthy individuals and families. They are seeking a Recurring Payments Analyst to ensure accurate and efficient execution of cash transactions while improving workflows and operational efficiency.
Responsibilities
- Process and monitor recurring cash transactions, ensuring timely and accurate execution in accordance with client instructions
- Handle check deposits, including verification, posting, and reconciliation of incoming funds
- Issue and process official checks, ensuring proper authorization, documentation, and delivery
- Review transactions for accuracy and completeness, resolving discrepancies and exceptions as needed
- Maintain detailed records of all transactions in accordance with internal policies and audit standards
- Partner with client service teams and other internal groups to address inquiries and support client requests
- Ensure adherence to regulatory requirements, risk, controls, and operational procedures
- Identify opportunities to improve processes, increase efficiency, and reduce operational risk
- Willing to work overtime and maintain in-office flexibility as business needs require
Skills
- Bachelor's degree in a related field (or equivalent experience)
- 1–3 years of experience in banking operations, cash management, or a related role
- Strong attention to detail and organizational skills
- Ability to manage multiple tasks in a deadline-driven environment
- Proficiency in Microsoft Office and familiarity with banking systems
- Execute responsibilities with a sense of urgency, accuracy, and priority
- Strong interpersonal skills to work well in a team environment
- Solid understanding of banking processes and transaction workflows preferred
- Candidates with experience with bank operations
Benefits
- Discretionary annual bonus for select positions
- A 401(k) plan with a generous annual profit-sharing contribution
- Personalized development and career opportunities, including tuition reimbursement support
- Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
- Employee assistance (EAP) and wellness programs
- Hybrid work environment: 60% in office, 40% remote for most positions
- Paid time off and paid parental leave
- Employer-paid life insurance and short- and long-term disability coverage
- Legal services and financial wellness plans at no cost to employees
Company Overview