Operations Analyst

Coforge; Chicago (IL); On-site; USD 65,000 - 80,000; Full time

Job summary

Coforge in Chicago, IL is hiring an Operations Analyst to support back-office processing within banking and advisor client groups. The role requires handling SWP navigation, data amendments, inter-account cash/stock transfers, cash disbursements, and reconciliations while coordinating with multiple processing teams.

Candidates should have 2+ years of experience in Custody/Investment Operations, a finance or accounting degree, and proficiency in MS Office and BOXI reporting.

Qualifications

• Bachelor's degree in finance, Accounting, Commerce, Economics or related field.
• 1-4 years of experience in: Custody Operations on SWP.

Responsibilities

• Basic processing and/or service activities specific to team function on SWP like -
• Process static data amendments (DOB, address, fee package, statement recipients, etc.).
• Execute inter-account cash/stock transfers as per client instructions.
• Manage recurring and ad-hoc cash disbursements, including dividend and interest payout.
• Review and post cash receipts from clients and counterparties.
• Interact effectively with multiple operational processing teams.

Skills

Systematic Withdrawal Plan

data amendments

Custody Operations

Securities Operations

Investment Operations

Wealth Management Operations

Capital Markets

Equities

Fixed Income

Cash Management

Reconciliation

BOXI Reporting

Education

Bachelor's degree in finance, Accounting, Commerce, Economics or related field

Tools

BOXI Reporting

Microsoft Office

Job description

Skills: Systematic Withdrawal Plan, data amendments, Custody Operations, Securities Operations, Investment Operations, Wealth Management Operations, Capital Markets, Equities, Fixed Income, Cash Management, Reconciliation, BOXI Reporting.

Experience: 2+ years

Location: Minneapolis, MN or Milwaukee, WI or Chicago, IL

5 Days Onsite

We at Coforge are hiring an Operations Analyst with the following skillset:

The Operations analyst will work in the back office processing area supporting through the banking and advisor client groups. This role requires a self-motivated, goal oriented individual with the ability to manage multiple tasks in a time sensitive delivery schedule.

Essential duties and responsibilities include the following (other duties may be assigned)

• Basic processing and/or service activities specific to team function on SWP like -
• Process static data amendments (DOB, address, fee package, statement recipients, etc.).
• Execute inter-account cash/stock transfers as per client instructions.
• Manage recurring and ad-hoc cash disbursements, including dividend and interest payout.
• Review and post cash receipts from clients and counterparties.
• Interact effectively with multiple operational processing teams.

Domain/Technical Skills:

• Proficient in SWP navigation and client/portfolio-level data research
• Skilled in generating and interpreting BOXI reports on SWP for MIS and reporting
• Understanding of Capital Markets – Knowledge of Equities, Fixed Income, Traditional Assets, Bonds, Mutual Funds.
• Must be knowledgeable in all areas of Microsoft Office including Word, Excel, Access and Outlook.

Essential Qualification and Work Experience:

• Bachelor's degree in finance, Accounting,
• Commerce, Economics or related field.
• 1-4 years of experience in: Custody Operations on SWP.

Soft Skills:

• Effectively coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines.
• Ability to learn and become an expert in field.

Preferred Technical Skills:

• Preference in: Accounting, Finance or Business related field.