Financial Associate - US Tech Solutions, Inc.
Boston, MA 02210
About the Job
Job Description:
- Financial Associate is responsible for the global processing, balancing, and reconciling of custody positions related to dividend interest payments.
- Activities include instruction receipt and authentication, entry instruction and verification (dual controls).
- Collects global client’s dividend and interest Income payments .
- Verify information by validating payment advice received from local market against client receivable.
- Makes decision to repair or to contact sub-custodian or depository for resolution .
- Communicate professionally and constructively to effectively resolve issues to minimize risk and exposure.
- Generate custody/operations related systems reports in support of daily, weekly, and monthly management reporting.
- Repair and resolve discrepancies in a timely and accurate manner keeping client informed .
- Identify trends in payment repair including event level, sub-custody level and or market lever repairs .
- Contribute to Division/ Firm process improvement activities through improvement of STP (straight through processing)
- Acquire and maintain knowledge of Division goals and business objectives; perform activities that support these goals.
- Must Have Finance Background
- Proficient in MS Suite of products - Excel, PowerPoint, Word Internet knowledge
- Any internship experience from any finance background would also work
- This is an entry level job that would require freshers or recent graduates.
- BS/BA degree or equivalent job experience in financial industry.
Source : US Tech Solutions, Inc.