Traditional Asset Team Lead

Join Us!

Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey -- relentlessly pursuing better outcomes for all. We believe in finding the best talent! While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided.

Don't meet every single requirement? Here at Inspira Financial, we believe there is no "perfect" candidate and want to encourage applying even if all the requirements listed aren't met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you! We look forward to receiving your application! Check out this Inspira Financial video to learn more about our company!

Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners -- helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com.

We have been recognized for our remarkable growth on lists such as Crain's Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In's 2025 Best Places to Work and Gallagher's 2022 Best-In-Class Employer awards.

Job Summary & Responsibilities

The Traditional Asset Team Lead will report to the Alternative Asset Manager in the R&C Operations Department. This role is responsible for performing various duties related to investment activities for alternative assets held in custody by Inspira. Alternative assets include, but are not limited to, limited partnerships, private stock, real estate, and promissory notes. Within the Alternative Asset Operations Department, there is a high degree of team work whereby each Administrator has specific responsibilities but will cross-train and rotate through a number of different operational functions. The incumbent will work closely with investment sponsors, clients, and various internal departments to resolve any issues that arise. Additionally, the Team Lead is responsible for assisting the Manager with training new hires and reviewing and approving paperwork and transactions as needed.

• Assist team members with day-to-day responsibilities including but not limited to
• Processing and follow-up related to confirmations of purchase, confirmations of re-registration and corporate actions
• Preparing promissory note correspondence
• Processing of note activity, bankruptcy filings and assets pending recovery and worthless assets
• Following up on liquidation requests
• Various projects as assigned
• Assist team members with complex issues and other work as required
• Assist with reviewing and approving transactions, correspondence and other work generated by the team as needed
• Review and record alternative asset valuation updates, which includes the analysis of sponsor statements or confirmation forms to reconcile activity to the Trust Accounting System and to identify and resolve unusual activity
• Assist with monitoring and maintaining transaction and other activity metrics for departmental planning and periodic reporting to management
• Assist with the design and implementation of procedures and ongoing process improvements to maximize efficiency, accuracy and control, optimize resources and drive automation
• Create and maintain written operating procedures related to assigned functions and team functions
• Perform system tests and help to maintain current test plans to ensure that new system releases are properly reviewed
• Respond to inquiries from and maintain effective relationships with internal departments, investment sponsors and clients
• Effectively communicate with Manager regarding departmental activities and issues
• Actively share ideas to improve department processes and efficiencies
• Other duties as assigned.
  
  

Preferred Qualifications

Years of Experience:

• 5-7 years of experience . Degree:
• Bachelor’s degree in business, Accounting, Finance or related field . Certification: N/A . Skills & Abilities:
• Demonstrated leadership abilities and strong interpersonal skills
• Ability to maintain the highest quality of service
• Ability to be detail-oriented, organized and dependable
• Possess a strong aptitude for numbers and reconciliations
• Proactive and analytical, able to problem-solve and propose solutions
• Operate efficiently, with a high degree of accuracy and follow-through
• Proven ability to both prioritizes and manage multiple tasks to completion
• Ability to work effectively and accurately under pressure
• Possess excellent verbal and written communication skills
• Operate with a high sense of responsibility and conscientiousness in delivering results
• Optimistic with a consistently positive and flexible attitude
• Demonstrated strong computer aptitude and proficiency with Microsoft Excel, Word and Outlook
• Working knowledge of Trust Accounting System, IRAs, IRS rules and regulations, and alternative assets preferred
• Knowledge of custody and IRA rules and requirements preferred
• Knowledge of investment and IRA tax requirements and reporting preferred
• Experience with processing, reconciling and valuing alternative investments preferred
  
  

Pay Range

$29.23/hr

Compensation & Benefits

The compensation for this position will vary depending on factors such as your location, skills and experience. The compensation package may also include incentive and bonus opportunities.

Inspira provides industry-leading benefits including, but not limited to: healthcare, 401K savings plan, company holidays, paid time off, parental leave and an employee assistance program.