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Purchasing Processor (Lockbox)
Job ID:00004G9N
Category:AdminClerical
Location:CA Carpinteria
Hours:40 Monday Friday 8AM to 5PM
Pay:$48,000.00 $50,000.00
Great Financial Services career opportunity
Job Description
As part of the Purchasing Processing team, you will have the opportunity to learn all the important tasks associated with lockbox processing. Including but not limited to investment of client contributions through asset transfers, rollovers, and salary deferrals. You will also be taking on the important task of performing beginning and end-of-day trading. Will learn how to process and reconcile daily deposits from custodian bank.Major Responsibilities Download and process daily lockbox deposits. Identify school district ACH wires and process. Ensure trades are reconciled daily and files are in good order prior to being sent to fund companies. Initiate wires to fund companies every evening. Verify trade files are sent and confirms received prior to daily deadline. Act on Internal Trade Tickets. Handle and resolve any holds andor returns from daily lockbox processing. Act on or research exceptions presented by internal research and service requests. Work on special projects as assigned by Manager.
Skills Required
HS DiplomaGED. Proficient in MS Word, Excel. Financial services, bank operations or general operations exp. Able to obtain FINRA Series 99 within 12 months of hire. 1000 bonus once obtained
Skills Preferred
College Degree preferred. Financial Services exp a plus.