Operations Specialist

Position Title: Operations Specialist

Location: Dallas, TX

Anticipated Start Date: ASAP

Please note this is the target date and is subject to the change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 6 months

Job Type: FULL TIME, CONTRACT, HYBRID - 3 days onsite, 2 WFH

Pay Range: $22.28/hr

Please note that actual compensation may vary within this range due the factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Working shift: Monday - Friday 8a-5p CST

Requirements:

• Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support
• Exposure to DTC and Bank of New York Mellon is preferred
• Previous Securities Industry experience is preferred

Job Description:

• Transaction Management Ops Analyst
• The Securities Settlement and Custody Operations group plays a significant role within Wealth Management Operations (WMO).
• The organization is responsible for Clearing & Settlement for various Pierce and Private Bank distribution channels, servicing Private Bank Securities on PACE, Fund Relationship and Onboarding Mutual Fund & Alternative Investments.
• The Fund Administration, Reporting and Operations Team supports various tasks related to servicing assets for Private Bank and accounts.
• The processes include but are not limited to set up, maintenance, valuations, transaction processing, financial statements, proxies, and other fund administration tasks.
• The Transaction Management Ops Analyst is responsible for moderately complex transaction and fulfillment processing, including the movement of assets into and out of accounts.
• Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support for internal business partners and external clients, in accordance with established guidelines and procedures.
• Job expectations include handling in operational processes which may carry medium to high levels of monetary risk and assisting in training less experienced team members.
• For this role, the key responsibilities include:
  - Process investment transactions to trust accounting system for Private Bank clients
  - Providing operational support and transaction processing for various product types and functions Performing moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established guidelines and procedures
  - Data entry, settlement, balancing, reconciliation, and reporting for various types of transaction to meet critical deadlines
  - Analysis and resolution of moderately complex transactions requiring escalations and/or exceptions, and works with appropriate Financial Advisors, Investment Managers, and Internal and External Business partners to provide problem resolutions for function related items
  - Responding to complex client inquiries through numerous channels to support operational efficiency and quality client service Proactively identifying risk and opportunities for process improvement based on an understanding the work impacts other operational units. Generating reports and data metric collection, procedure maintenance, as well as project or testing support
• Required Skills:
  - Must be well versed in Excel -- pivot tables, running queries, working with large amounts of data, etc.
  - Data Analysis and Interpretation
  - Demonstrate logical, systematic approach to problem solving
  - Intermediate skill level needed for Microsoft Office applications (Outlook, and Word)
  - Understanding of investment products and solutions
  - Forward thinker able to express new, fresh ideas to create better operational processes
  - Excellent Writing and Editing Skills
  - Risk Management
  - Knowledge of Mathematics and Statistics
• Desired Skills:
  - Exposure to DTC and Bank of New York Mellon is preferred
  - Previous Securities Industry experience is preferred

Keywords:

Transaction Processing, Securities Settlement, Custody, Operations, Trade, Transfer Support, Reconciliation, Transaction Management.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 239873 when responding to this ad.