Ops SpecialistFT Ctrl Rcpt(Finance/Accounts Specialist)

BCforward is currently seeking a highly motivated Finance/Accounts Specialist(operations Specialist) for an opportunity in Jersey city, NJ

Position Title: Finance/Accounts Specialist(operations Specialist

Location: Jersey city, NJ

Anticipated Start Date: Oct 14th, 2024

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

Expected Duration: 6+ months with potential for temporary to permanent

Job Type: [FULL TIME/HYBRID( DAYS IN OFFICE & 2 DAYS REMOTE)

Pay Range: [$22] - [$26] per hour on W2

Please note that actual compensation may vary within this range due to 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.).

Requirements:

• Recent graduate in Finance/Accounts/Economics/Mathematics
• Bilingual Spanish/English

Job Description:

A Fund 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, Collateral / Alts transactions, and timely inquiry responses.

PRINCIPAL RESPONSIBILITIES

List and describe this position's key responsibilities in concise, comprehensive statements. Address what the position holder does to achieve the position's main purpose. Also, check the approximate amount of time spent on each Area of Responsibility. Time should be expressed relative to 100%.

Note: These statements are intended to describe the general nature of the job and are not intended to be an exhaustive list of all responsibilities, skills, and duties.

Area of Responsibility

Key Activities/Elements

1. Client Servicing and Inquiry Response

- Accurately process clients' cash transactions. These include capstock, expenses, wires, book transfers, expects, and foreign exchange

- Meet all client deliverables in accordance with Funds Transfer procedures and controls.

- Research and resolve all client cash inquiries in accordance with Funds Transfer procedures and controls.

- Ensure timely and accurate responses to internal and external clients.

- Promptly escalate sensitive/risk issues to management

- Assist coworkers when needed

- Process Collateral, Alts, and blocked account transactions

2. Technology /Productivity/Innovation

- Continually cross-train with other colleagues to assist with coverage during absences.

- Enhance quality and efficiency by identifying workflow improvements.

- Efficiently utilize BBH systems and tools/cash products to maximize productivity.

3. Global Custody

-Keep aware of market changes and impact on cash processes/settlements.

- Understand and monitor cash restrictions. Monitor queues throughout the day for transactions.

- Maintain a solid understanding of cash practices and deadlines by market

4. Process Improvement

- Help to enhance the productivity of the unit

- Challenge all processes, procedures, and practices. Specialists should question inefficient processes and make recommendations to their supervisor on how to improve the process.

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 229787 when responding to this ad.