Operations Specialist; Level III). Addison LilyLifestyle

Target

Start Date:

May
Duration: 6 months

Schedule:

Onsite 5 days/week then hybrid

Bank

Job Title:

Operations Analyst
Max Bill Rate: ***

** This role is a potential contract to hire and will require resources that do not require sponsorship now or in the future.**

Upon the receipt of investment income or corporate action payment, the Private Bank Investment Income and Corporate Actions team ensures the activity posts correctly to client accounts. Once the activity has posted, the team manages the transaction to ensure accuracy and timeliness. These activities are performed when securities held in client accounts receive investment income or corporate action payments.

• Performs a reconciliation and accuracy assessment of transaction reports, settlement records, and asset movement requests and resolves any gaps, then initiates settlement or asset transfer fulfillment according to the established guidelines and procedures.
• Researches and resolves transaction discrepancies, settlement breaks, and corporate action exceptions received via system alerts, workflow queues, or partner notifications, according to the established guidelines and procedures, and engaging support partners when needed.
• Responds to internal business partners and external client inquiries related to trade settlement, asset transfers, and corporate action events via email, phone, and workflow tools and escalates more challenging issues to leadership as needed.
• Understands the process flow from end to end including the reasons for each step, the process controls, the risks within the process and the upstream/downstream impacts of their work based on an understanding the work impacts other operational units.

• Numerical Reasoning
• Attention to Detail
• Analytical Thinking
• Written Communications
• Research

• Basic understanding of Class Actions