Job Description

Are you a recent finance graduate looking to join one of the top companies in the Investment Banking industry?

Are you looking to start your professional career and grow at an Entry-Level opportunity?

Do you have experience in the custody operations, income processing, or reconciliations?

If you answered yes to those three questions, then today!

Acara Solutions seeks highly qualified candidates to work Hybrid with our client in Boston, MA . Interested?

Here's what you'd do:

• Responsible for the global processing, balancing, and reconciling of custody positions related to dividend interest payments. 
• Activities include instruction receipt and authentication, entry instruction and verification (dual controls). 
• Collects global clients' dividend and interest Income payments.
• Verify information by validating payment advice received from the local market against the client receivable.
• Attempt resolution of client entitlement issue internally.
• Decides to repair or to contact the sub-custodian or depository for resolution.
• Escalate the issue to the manager when necessary.
• Communicate professionally and constructively to effectively resolve issues to minimize risk and exposure. 
• Generate custody/operations-related systems reports in support of daily, weekly, and monthly management reporting.
• Repair and resolve discrepancies in a timely and accurate manner, keeping the client informed.
• Identify trends in payment repair, including event-level, sub-custody-level, and or market-level repairs.
  Contribute to Division/ Firm process improvement activities through the improvement of STP (straight through processing).
• Acquire and maintain knowledge of Division goals and business objectives; perform activities that support these goals.
• Acquire understanding of the full scope of the Division and how specific function impacts the firm.
• Repair and resolve discrepancies that impact client servicing in a timely and accurate manner.
• Assist in activities that support the measurement of Client Service Standards.
• Communicate professionally and constructively to effectively resolve all repairs with client payments in a timely and accurate manner.
• Effectively utilize client internal systems to support client servicing deliverables.

Here's what you'll get:

Pay: $24.00 / hr.

Hours: 40 hrs/Week.

Length: Contract (6 Months ).

Sound like a good fit? 

TODAY 

About Acara  Solutions

Acara is a premier recruiting and workforce solutions provider-we help companies compete for talent. With a legacy of experience in various industries worldwide, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

Job Requirements

Required Skills / Qualifications:

• Bachelor's Degree (BA/BS) in Finance or Accounting.
• Minimum 6 months of experience in custody operations, income processing, or reconciliations.

Preferred Skills / Qualifications:

• Demonstrated PC skills. 
• Ability to identify, escalate, and resolve a problem. 
• Ability to communicate professionally through effective verbal and written skills. 
• Ability to manage time efficiently and effectively. 
• Organizational skills and detail-oriented. 
• Ability to multitask. 
• Ability to work in a team environment. 
• Ability to meet deadlines and work under pressure. 
• Computer literate - MS Suite of products - Excel, PowerPoint, Word, Internet knowledge.

Additional Information:

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct) are an Equal Opportunity Employer. Race/Color/Gender/Religion/National Origin/Disability/Veteran.

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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