Finance Operations Specialist - Entry Level Job at Russell Tobin, Boston, MA

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  • Russell Tobin
  • Boston, MA

Job Description

Job Description

Job Description

Finance Operations Specialist - Entry Level 
Contract:
6+months (possible extension/perm) 
Pay Range : $21-22/hour 
Model: Hybrid

Russell Tobin is hiring for a  respectable company in the financial industry . This position offers a hybrid work schedule with three days in the office (Tuesday, Wednesday, Thursday) and two days remote (Monday, Friday), totaling 40 hours per week with a one-hour lunch break.

Key Responsibilities:

- Process and Reconcile Transactions: Manage global processing, balancing, and reconciling of custody positions related to dividend and interest payments.
- Instruction Management: Receive, authenticate, and verify payment instructions, ensuring compliance with dual control procedures.
- Client Payment Management: Collect global client dividend and interest income payments, validate payment advice against client receivables, and resolve client entitlement issues.
- Issue Resolution: Make decisions on whether to repair discrepancies or contact sub-custodians or depositories for resolution; escalate complex issues to management as necessary.
- Reporting and Documentation: Generate and review custody and operations-related reports for daily, weekly, and monthly management reporting.
- Discrepancy Management: Repair and resolve discrepancies in a timely manner while keeping clients informed of the status.
- Trend Analysis: Identify and analyze trends in payment repairs at the event, sub-custody, and market levels.
- Process Improvement: Contribute to process improvement initiatives, focusing on enhancing straight-through processing (STP) and achieving division goals.
- Client Service Standards: Assist in measuring client service standards and support activities that ensure high-quality client service.
- Professional Communication: Communicate effectively and professionally to resolve issues and manage client relationships constructively.

Qualifications:

- Education: Bachelor’s Degree or equivalent work experience.
- Technical Skills: Advanced PC skills with demonstrated proficiency in Excel; knowledge of MS Office Suite (PowerPoint, Word) and internet applications.
- Analytical Abilities: Ability to identify, escalate, and resolve problems; strong organizational skills and attention to detail.
- Communication Skills: Effective verbal and written communication abilities for professional interactions.
- Time Management: Efficiently manage time, prioritize tasks, and meet deadlines under pressure.
- Teamwork: Ability to work collaboratively within a team environment and support team objectives.

Benefits Info

 

Pride Global offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.

Company Description

Russell Tobin is an equal-opportunity employer and values diversity in the workplace. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Company Description

Russell Tobin is an equal-opportunity employer and values diversity in the workplace. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Tags

Permanent employment, Contract work, Work experience placement, Remote job, Monday to Friday,

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