Financial Operations Associate

Financial Operations Associate

Below, you will find a complete breakdown of everything required of potential candidates, as well as how to apply Good luck.
Ampersand, Inc. · Waukesha, WI · On-site · Full-time
About the RoleAmpersand, Inc. is hiring a Financial Operations Associate based on-site at our Waukesha, WI office. This is not a remote or hybrid position — you'll work daily alongside our operations team in Waukesha, supporting the treasury and cash management programs we deliver through our partner financial institutions.
Location & Work Arrangement
Location: Waukesha, WI (Milwaukee metro area — about 20 minutes west of Milwaukee)Work type: On-site, full-timeSchedule: Monday–Friday, standard business hoursCompensation: Between $60-85k dependent on experience
About Ampersand, Inc.Ampersand is a Midwest-based, tech-enabled financial services firm specializing in treasury and cash management solutions delivered through partner financial institutions. We provide deposit aggregation, deposit administration, escrow, lending, and related services designed to protect institutional and depositor funds — with a focus on competitive rates, operational efficiency, and high-quality client service.
What You'll Do
Transaction Processing & Reconciliation
Process daily treasury and cash management transactions — deposit placements, withdrawals, and interbank transfers — with a high standard of accuracyPerform daily and monthly reconciliations of deposit accounts and internal ledgers; investigate and resolve discrepanciesProcess requestsDeposit Monitoring & Escrow Administration
Monitor deposit activity across partner financial institutions, ensuring balances, rates, and allocations conform to program terms
Reporting, Service & Controls
Prepare daily, weekly, and monthly operational reports for management, partners, and clientsRespond to inquiries from colleagues, partner banks, and clients professionally and within service timeframes; own issues through resolutionExecute duties in adherence to internal controls and applicable regulatory requirements; support audits and examsContribute to process improvements, desk documentation, and special projects
What We're Looking ForRequired
Strong operations skills: transaction processing, reconciliation, and exceptional attention to detailSolid analytical skills — interpreting data, identifying discrepancies, supporting decisionsExcellent interpersonal and customer service skills; clear written xzbcwsv and verbal communicationProficiency with Microsoft ExcelAbility to work independently and manage multiple priorities under daily deadlines
Preferred
1–3 years in financial services, banking operations, treasury, or escrow administrationFamiliarity with deposit products (DDA, savings, CDs), deposit aggregation/reciprocal deposit programs, or cash management platformsBasic understanding of regulatory and compliance requirements for banking operationsAssociate's or bachelor's degree in finance, accounting, business, or a related field
Why AmpersandBroad exposure across deposit operations, escrow, and partner-bank coordination — not a narrow, single-task roleA collaborative, Midwest-based team where accuracy and improvement are valuedCompetitive compensation and benefits