Associate Financial Analyst, Loans & Distribution - India

Ascensus; Hyderabad; On-site; INR 350,000 - 600,000; Full time

Benefits offered by this job

Medical benefits

Paid time off

401(k) matching

Tuition reimbursement

Volunteer programs

Job summary

Ascensus, a leading technology and service platform for savings plans, seeks an Associate Financial Analyst to support the Loans and Distributions team. You will process distributions and loans, understand workflows, and collaborate with trust companies and internal departments to ensure timely, accurate results.

The role requires good communication, attention to detail, and the ability to learn and adapt in a team environment.

Qualifications

• Office administration exposure is preferred.
• Clear, concise client communications required.
• Problem solving with defined processes and resources.

Responsibilities

• Process distributions/loans accurately and timely.
• Research and resolve distribution processing issues.
• Coordinate with trust companies, recordkeepers, and internal teams.
• Identify and address escalated issues with leadership.
• Document procedures and workflows.
• Maintain data confidentiality and security.

Skills

Good communication

Attention to detail

Problem solving

Self-learner

MS Office knowledge

Adaptability

Flexibility in shifts

Reconciliation concepts

Education

6 months - 3 years office administration

MS Office proficiency (Excel/Word)

Tools

MS Office Suite

Excel

Job description

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

Role Description

Associate Financial Analyst position will support the Loans and Distributions team to provide timely and accurate processing of distributions/loans. The role also requires understanding operational workflows as it relates to both the individual role and Operations as a whole.

Job Responsibilities

• Disbursements: Support timely and accurate processing of disbursements
• Research and resolve outstanding issues pertaining to distribution processing
• Partner with various trust companies, recordkeepers and internal departments to ensure participant checks are mailed timely.
• Also ensure all trust excesses are identified and invested or resolved timely.
• Effectively communicate (verbal/written) with clients on transaction forms that are not in good order and follow up as necessary to ensure timely completion.
• Identify escalated issues/concerns and refer these to your leadership team.
• General duties and responsibilities: Consistently provide a high level of customer service while communicating and coordinating with internal/external business units to assist in issue resolution.
• Document procedures and workflows.
• Seek out training opportunities offered through the Learning Center.
• Continuously increase skill set on less familiar topics that have an influence on the department.
• Responsible for protecting, securing, and proper handling of all confidential data held by Future Plan to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Future Plan or our clients.
• Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day-to-day basis showing your support of our organizational culture.

Candidate description

Financial analyst requires should possess brief understanding of financial services industry, specifically focusing on 401(K) plan administration, should be avid learner willing to adapt and work in a team environment.

Education and experience

6 months - 3 years of office administration preferred Demonstrates ability to document procedures that are clear and easy to understand. Effectively communicates with clients on specific tasks. Effectively solves problems with direction utilizing resources/procedures for a specific process, with a defined resolution. Works efficiently with a pre-defined schedule or set of existing priorities. Responsibility to manage own tasks but may need assistance dealing with conflicting priorities. Ability to complete daily work as assigned. Familiarity MS-Office software applications, including Excel & Word

Skill Requirement

• Good communication skills
• Attention to Detail
• Good Problem solving and analytical skills
• Self-Learner
• Basic MS Office knowledge and preference to good working knowledge of Excel
• Must be able to adapt the assignments quickly
• Flexibility in work culture (Example - She/he should be flexible in Day/Night shift based on business requirement)
• Good Knowledge in Reconciliation concepts

Behavioral Attributes

• Work independently and in a team environment
• Organizational and time management skills
• Ability to work in a deadline-oriented environment
• Be aware of employment fraud.

What makes any career at Ascensus so rewarding?

• Collaborative, idea-sharing environment
• Professional Development with in-house training and tuition reimbursement
• Generous reward programs
• Paid time off
• Medical, dental & vision benefits
• Health Savings Account with employer contribution up to $1,100
• 401(k) & 529 college savings match programs
• Volunteer and charitable-giving programs
• Business casual dress

Ascensus helps millions of people save for a better future.