Purchasing Team Processor Financial Services Operations
Roth Staffing Companies

Purchasing Team Processor - Financial Operations Team Needed in Carpinteria, CA (On-Site)

Industry: Financial

Direct Hire

Pay Range = $52,000 - $63,000 annually

• Processing focused with Quality standards
• 2 + years of experience in a office environment or processing role.
• Information seeking / Detailed - Particularly when there are errors or figures that don't look correct
• Ability to exceed established deadlines
• Team focused
• Salary range is $52k-$63k with the higher end already having FINRA licenses and years of experience in Financial Industry

Bachelor's degree
2 to 5 years experience in a Financial Setting preferred
Proficient with Microsoft Office and Excel.
2 + years of Financial Services experience in a broker/dealer or financial institution is required .

Job Summary

The Purchase Team Processor plays a crucial role in the financial services industry, working within a team to ensure the smooth and efficient functioning of various financial operations. The ideal candidate should possess a strong attention to detail, a commitment to accuracy, and the ability to work effectively within a team.
As a Purchasing Team Processor, you will be responsible for performing various financial and administrative tasks to support the operations of a financial institution or department. You will work closely with team members, clients, and other stakeholders to ensure accuracy, compliance, and efficiency in operational processes.
This position is considered an essential role day 1, meaning employees in this role must be able to perform their responsibilities without a lapse of time should a business continuity situation arise e.g., COVID-19 Pandemic.

Major Duties and Responsibilities

Transaction Processing:

a. Execute, review, and reconcile financial operations transactions, which may include paperwork processing, timely investments, and fund transfers.

b. Ensure accuracy and completeness of transactions and resolve discrepancies promptly.

Reconciliation:

a. Reconcile daily processing.

b. Investigate and resolve discrepancies in account balances.

Department and Regulatory Compliance:

a. Stay up to date with financial regulations, internal policies and ensure all department transactions and activities comply with regulatory requirements.
b. Assist in the preparation of documentation for audits and regulatory reviews.

Client Services & Support:

a. Interact with internal clients and provide support for account-related inquiries and issues.

b. Address inquiries promptly and professionally, escalating complex issues to senior team members when necessary.

Process Improvement & Risk Management:

a. Suggest process improvements to enhance efficiency and accuracy in financial operations.

b. Participate in team discussions to implement best practices.
c. Identify and report potential risks in financial transactions and operations.
d. Collaborate with risk management teams to mitigate operational risks

Reporting, Documentation and Record-Keeping:

a. Maintain accurate and organized records of financial transactions, agreements, and client interactions.

b. Prepare and update procedural documentation.
c. Generate and research basic operational reports and summaries to be reviewed by senior team members.

Technology Utilization:

a. Proficiently use financial and department software and systems to perform daily tasks.
b. Identify opportunities for process improvements and system enhancements.

This job has expired.