Inspira Financial
Fund Custody Specialist (Remote)
Inspira Financial, Oak Brook, Illinois, United States, 60523
Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. We are a people‑centric, client‑obsessed community focused on driving results and delivering our mission with integrity.
We believe in finding the best talent. While some roles are based at one of our office locations, remote roles can sit in the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX,, VA, WV. Remote status and role locations are subject to change. Relocation is not provided.
Employees within a 90‑minute radius of our Oak Brook, IL headquarters are required to adhere to the company in‑office work guidelines of 4 days per month minimum from 10 am to 2 pm (1 of the 4 days must be a Monday or Friday). This requirement does not apply to support specialist positions.
Job Summary & Responsibilities The Fund Custody Specialist will report to the Fund Custody Manager in Fund Custody Services. This role is responsible for the relationship with advisors and clients, which includes conducting daily operations related to fund custody services for managed funds or other pooled investment vehicles. Primary functions include processing fund subscriptions and redemptions, re‑registering fund assets, executing fund investments, exchanges, redemptions, and liquidations, completing payment of fund expenses, accounting and analyzing daily deposits and purchases, reviewing quarterly statements, and preparing invoices.
Serve as a dedicated point of contact for assigned fund custody clients
Support and guide clients through account opening, the investment process, and ongoing activities
Manage incoming and outgoing communications for assigned clients
Monitor the establishment of data feeds as needed
Review received data files from clients and investment sponsors
Process the re‑registration of assets
Execute asset and cash transactions as directed, including but not limited to alternative assets, traditional assets, brokerage accounts, client subscriptions and redemptions, and fund expense payments
Monitor and release funds from external bank accounts
Answer client inquiries regarding Inspira products, services and fees in a timely and accurate manner
Work cross‑functionally with various departments within the business to maximize service
Other duties as assigned
Preferred Qualifications
1‑3 years services industry or with alternative investments preferred
Bachelor’s Degree in Accounting, Business, Finance, or related field
Strong relationship and communication skills
Ability to solve problems, both independently and in a collaborative team environment
Ability to maintain the highest of service and professionalism
Excellent analytical skills with a proactive nature
Strong organization skills with a drive to meet deadlines
An affinity for accuracy and efficiency
Proficiency in Microsoft Excel, Word and Outlook
An aptitude for prioritization and multi‑tasking
A drive to learn and apply new concepts quickly
Experience with Salesforce CRM preferred
Pay Range $18.55/hr – $23.85/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.
Seniority Level
Entry level
Employment Type
Full‑time
Job Function
Finance and Sales
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We believe in finding the best talent. While some roles are based at one of our office locations, remote roles can sit in the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX,, VA, WV. Remote status and role locations are subject to change. Relocation is not provided.
Employees within a 90‑minute radius of our Oak Brook, IL headquarters are required to adhere to the company in‑office work guidelines of 4 days per month minimum from 10 am to 2 pm (1 of the 4 days must be a Monday or Friday). This requirement does not apply to support specialist positions.
Job Summary & Responsibilities The Fund Custody Specialist will report to the Fund Custody Manager in Fund Custody Services. This role is responsible for the relationship with advisors and clients, which includes conducting daily operations related to fund custody services for managed funds or other pooled investment vehicles. Primary functions include processing fund subscriptions and redemptions, re‑registering fund assets, executing fund investments, exchanges, redemptions, and liquidations, completing payment of fund expenses, accounting and analyzing daily deposits and purchases, reviewing quarterly statements, and preparing invoices.
Serve as a dedicated point of contact for assigned fund custody clients
Support and guide clients through account opening, the investment process, and ongoing activities
Manage incoming and outgoing communications for assigned clients
Monitor the establishment of data feeds as needed
Review received data files from clients and investment sponsors
Process the re‑registration of assets
Execute asset and cash transactions as directed, including but not limited to alternative assets, traditional assets, brokerage accounts, client subscriptions and redemptions, and fund expense payments
Monitor and release funds from external bank accounts
Answer client inquiries regarding Inspira products, services and fees in a timely and accurate manner
Work cross‑functionally with various departments within the business to maximize service
Other duties as assigned
Preferred Qualifications
1‑3 years services industry or with alternative investments preferred
Bachelor’s Degree in Accounting, Business, Finance, or related field
Strong relationship and communication skills
Ability to solve problems, both independently and in a collaborative team environment
Ability to maintain the highest of service and professionalism
Excellent analytical skills with a proactive nature
Strong organization skills with a drive to meet deadlines
An affinity for accuracy and efficiency
Proficiency in Microsoft Excel, Word and Outlook
An aptitude for prioritization and multi‑tasking
A drive to learn and apply new concepts quickly
Experience with Salesforce CRM preferred
Pay Range $18.55/hr – $23.85/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.
Seniority Level
Entry level
Employment Type
Full‑time
Job Function
Finance and Sales
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