Entry Level Operation Specialist

Are you a recent finance graduate looking to join one of the top companies in the Investment Banking industry?

Are you looking to start your professional career and grow at an Entry-Level opportunity?

Do you have experience in USD and Foreign Currency Payment Processing?

If you answered yes to those three questions, then apply today!

Acara Solutions seeks highly qualified candidates to work hybrid with our client in Jersey City, NJ. Interested?

Here’s what you’d do:

• The Funds Transfer Product Processing Specialist is an entry-level position responsible for processing various clients’ capstock, expenses, and other cash transactions.
• In addition, the specialist is responsible for cash clearing account reconciliations, cash breaks resolution, and collateral and alts transactions.
• The position will also need monitoring group mailboxes and inquiry resolution.
• Accurately process clients’ cash transactions.
• These include Capstock, expenses, wires, book transfers, expects, and FX.
• Meet all client deliverables in accordance with Funds Transfer procedures and controls.
• Research and resolve all client cash inquiries.
• Ensure timely and accurate responses to internal and external clients.
• Process FT Compliance/ Blocked account transactions, Collateral transactions, and Alts Payment transactions.
• Promptly escalate all issues to management.
• Meet all client deliverables in accordance with Funds Transfer procedures and controls.
• Demonstrate quality working relationships with others in the group and internal parties.
• Demonstrate responsiveness to client needs and a proactive approach toward problem avoidance.
• Communicate professionally and constructively with team members, clients, and internal parties.
• Demonstrate and display teamwork with co-workers by assisting in daily responsibilities, valuing differences, building positive work relationships, and demonstrating flexibility.
• Identify, escalate, and communicate risks appropriately.
• Ensure all instructions are appropriately processed promptly and accurately while adhering to the client’s policies and procedures and the various processing deadlines.
• Escalate unclear instructions to management.
• Making recommendations for control improvements.
• Promptly and accurately follow new or updated procedures.
• Help reduce the number of errors, receivables, and E&Os by suggesting control procedures or introducing automation.
• Demonstrate responsiveness to inquiries by responding promptly with thoughtful solutions that prevent problems and provide quality service.
• Seek to understand all processes, procedures, and practices; challenge those that don’t make sense.
• Identify opportunities to improve the FT product processing.
• Be aware of market changes and deadlines impacting cash processes/settlements.
• Optimize productivity, while balancing the need to meet each client’s deadlines.

Here’s what you’ll get:

Pay: $26/hr.

Hours: 40 hours/week.

Length: Temp (6 Months).

Sounds like a good fit?

APPLY TODAY

About Acara Solutions

Acara is a premier recruiting and workforce solutions provider-we help companies compete for talent. With a legacy of experience in various industries worldwide, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

• Bachelor’s Degree in Finance or Accounting
• Minimum of 6 months of experience in cash processing or financial transaction roles.

• Knowledge of USD and Foreign Currency Payment Processing
• Excellent oral and written communication skills.
• Good customer service skills.
• Good Organizational Skills.
• Ability to work effectively in a fast-paced, deadline-driven environment
• Detail-oriented.
• Able to work in a team environment and independently.
• Good typing skills.

Additional Information:

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be needed to verify identity and eligibility to work in the United States and to complete the necessary employment eligibility verification form upon hire.