Manager, Funds Flow & Reconciliation

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profile Job Location:

Sandy - USA

profile Monthly Salary: $ 134400 - 150000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Employee Applicant Privacy Notice

Who we are:

Welcoming collaborative and having the opportunity to make an impact - is how our employees describe working here. Galileo is a financial technology company that provides innovative and revolutionary software products and services that power some of the worlds largest Fintechs. We are the only payments innovator that applies tech and engineering capabilities to empower Fintechs and financial institutions to unleash their full creativity to achieve their most inspired goals. Galileo leads its industry with superior fraud detection security decision-making analytics and regulatory compliance functionality combined with customized responsive and flexible programs to accelerate the success of all payments companies and solve tomorrows payments challenges today. We hire energetic and creative employees while providing them the opportunity to excel in their careers and make a difference for our clients. Learn more about us and why we work here at the Role
We are seeking a Funds Flow & Reconciliation Manager to lead the design implementation and ongoing management of our funds flow and reconciliation processes. This role is critical to ensuring reliable money movement accurate reconciliation across associations and partners and strong collaboration with bank partners and clients.

The Funds Flow & Reconciliation Manager will own the end-to-end process for implementing and updating funds flow configurations oversee reconciliation activities and gradually take ownership of finance-adjacent functions.

Key Responsibilities

Funds Flow Ownership

  • Own the implementation and configuration of funds flows for new programs.
  • Manage updates and optimizations to existing funds flow to ensure efficiency accuracy and compliance. .
  • Partner with product engineering and risk teams to streamline funds flow processes and support new product launches.
  • Develop and maintain documentation of funds flow processes controls and change management.

Reconciliation

  • Partner with Finance to transition and ultimately own finance-adjacent functions.
  • Ensure reconciliation and funds flow processes align with accounting and financial reporting standards..
  • Own the support for Association Reconciliation and error resolution using trends and reporting to help drive change to better support our bank partners.

Data & Technical Skills

  • Use SQL and reporting tools to monitor team performance.
  • Build queries and dashboards to track variances settlement performance and process KPIs.
  • Partner with data and engineering teams to enhance automation controls and reporting capabilities.

Leadership & Cross-Functional Support

  • Act as a primary point of contact for banks and clients regarding reconciliation and funds flow.
  • Provide training and mentorship to team members on reconciliation practices settlement processes and system usage.
  • Support audits and examinations by maintaining thorough process documentation and evidence of controls.
  • Drive continuous improvement in funds flow and reconciliation efficiency accuracy and transparency.

Qualifications

  • Bachelors degree in Finance Accounting Economics Business Administration or related field (Masters degree or MBA preferred).
  • 5 years of experience in financial services fintech banking or payments with a strong focus on reconciliation and funds flow operations.
  • Proven experience with payment settlement processes and reconciliation across multiple rails (ACH card networks wires RTP FedNow).
  • Strong organizational skills with the ability to manage multiple implementations and reconciliation processes simultaneously.
  • Solid understanding of payment systems banking processes and financial regulations.
  • Experience leading and developing teams in a fast-paced high-growth environment.
  • Strong analytical problem-solving and organizational skills with keen attention to detail.
  • Excellent communication skills with experience engaging banks clients and internal stakeholders.
  • Proficiency in Excel SQL or data analysis tools is a plus.

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidates experience skills and location.
This role may also be eligible for a bonus and/or long term incentives. Your recruiter will provide more information to you. All roles are eligible for competitive benefits. More information about our employee benefits can be found in the link below.
Benefits
To view all of our comprehensiveand competitivebenefits visit ourBenefits at SoFi & Galileopage!

US-Based Base Compensation

$134400 - $150000 USD

Galileo Financial Technologies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race color religion (including religious dress and grooming practices) sex (including pregnancy childbirth and related medical conditions breastfeeding and conditions related to breastfeeding) gender gender identity gender expression national origin ancestry age (40 or over) physical or medical disability medical condition marital status registered domestic partner status sexual orientation genetic information military and/or veteran status or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
Galileo is committed to an inclusive culture. As part of this commitment Galileo offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process please let your recruiter know or email .
Due to insurance coverage issues we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

Required Experience:

Manager

Employee Applicant Privacy NoticeWho we are:Welcoming collaborative and having the opportunity to make an impact - is how our employees describe working here. Galileo is a financial technology company that provides innovative and revolutionary software products and services that power some of the wo...
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About Company

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Galileo is the financial technology platform connecting people with money and shaping fintech by offering core banking, card issuing, and payment processing and more.

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