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Product Processing Specialist

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  • ID: 509998
  • Posted: 6/9/2022
  • Location: Jersey City, NJ
  • Category: LI - General Labor
  • Job Type: Temporary
  • Duration: 3 - 6 Months

Description

Acara solutions is looking for Product Processing Specialist for our client located in Jersey City,NJ

  • The Funds Transfer Product Processing Specialist is an entry level position responsible for processing various clients' capstock, expenses and other cash transactions.
  • In Addition, the specialist is responsible for cash clearing account reconciliations, cash breaks resolution, Collateral and Alts transactions.
  • The position will also need monitoring group mailboxes and inquiry resolution.
  • Client Servicing and Inquiry Response-Accurately process clients cash transactions.
  • These include Capstock, expenses, wires, book transfers, expects and FX.
  • Meet all client deliverables in accordance with Funds Transfer procedures and controls
  • Research and resolve all client cash inquiries
  • Ensure timely and accurate responses to internal and external clients
  • Process FT Compliance/ Blocked account transactions, Collateral transactions, and Alts Payment transactions
  • Promptly escalate all issues to management
  • Meet all client deliverables in accordance with Funds Transfer procedures and controls
  • Identify, escalate and communicate risks appropriately
  • Ensure all instructions are appropriately processed in a timely and accurate manner while adhering to Client policies and procedure and the various processing deadlines.
  • Escalate unclear instructions to management
  • Making recommendations for control improvements
  • Promptly and accurately follow new or updated procedures
  • Help reduce number of errors, receivables and E&O's by suggesting control procedures or introducing automation.
  • Demonstrate responsiveness to inquiries by responding to in a timely manner with thoughtful solutions which prevent problems and provide quality service
  • Seek to understand all processes, procedures and practices; challenge those that don't make sense
  • Identify opportunities to improve the FT product processing
  • Keep aware of market changes and deadlines that impact cash processes/settlements
  • Optimize productivity, while balancing the need to meet each client's deadlines

Pay and Benefits:

  • The Salary for this position is $ 20.00 per hour (Max Pay rate).
 
Job Requirements

 
Required Skills / Qualifications:
  • High School Diploma or GED
  • Minimum of 2 years experience in Product Processing Specialist
Preferred Skills / Qualifications:
  • Demonstrate quality working relationships with others in the group as well as internal parties.
  • Demonstrate responsiveness to client needs and a proactive approach toward problem avoidance.
  • Communicate professionally and constructively with team members as well as clients and internal parties
  • Demonstrate and display teamwork with fellow coworkers by assisting in daily responsibilities, valuing differences, building positive work relationships and demonstrating flexibility.
  • Excellent oral and written communication skills
  • Customer service skills
  • Organizational Skills
  • Ability to work effectively in a fast paced deadline driven environment
  • Detail oriented
  • Able to work in a team environment and independently
  • Typing skills
  • Knowledge of USD and Foreign Currency Payment Processing,

Additional Information: 

  • Upon offer of employment, the individual will be subject to a background check and a drug screen.


Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct, and Aleron's strategic partner, SDI) are Equal Employment Opportunity and Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis. The Aleron companies welcome and encourage applications from diverse candidates, including people with disabilities. Accommodations are available upon request for applicants taking part in all aspects of the selection process.

Applicants for this position must be legally authorized to work in the United States. This position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.
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