Job Description

Our client, an Investment Bank, is seeking an Entry Level Analyst in their Jersey City, NJ location:

Job Summary:

The Entry Level Analyst t is responsible for processing cash transactions, reconciling cash clearing accounts, resolving cash breaks, and handling Collateral and Alts transactions. The role involves monitoring group mailboxes and responding to inquiries while ensuring compliance with policies and deadlines.

Key Responsibilities:

Client Servicing & Inquiry Response:

• Process various cash transactions (Capstock, expenses, wires, book transfers, FX).
• Meet client deliverables following Funds Transfer procedures and controls.
• Research and resolve cash-related inquiries from internal and external clients.
• Process FT Compliance/Blocked account transactions, Collateral, and Alts payments.
• Escalate issues to management as needed.

Team Collaboration & Communication:

• Build strong relationships with internal teams and clients.
• Respond to client needs proactively and professionally.
• Assist team members in daily responsibilities and foster a positive work environment.

Risk & Control Management:

• Identify, escalate, and mitigate risks.
• Ensure accurate and timely processing of transactions while following policies.
• Suggest process improvements and automation opportunities.

Process Improvement & Market Awareness:

• Analyze and enhance existing processes for efficiency.
• Stay informed on market changes affecting cash processes and settlements.

Skills & Requirements:

• Excellent verbal and written communication skills.
• Strong customer service and organizational abilities.
• Ability to work under deadlines in a fast-paced environment.
• Detail-oriented with strong problem-solving skills.
• Team player with the ability to work independently.
• Knowledge of USD and foreign currency payment processing is a plus.
• Strong typing skills and proficiency in financial software preferred.

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