Securities Operations Associate Senior -Disbursements
Company: Disability Solutions
Location: Atlanta
Posted on: May 3, 2024
Job Description:
Position Type : Full time Type Of Hire : Experienced (relevant
combo of work and education) Education Desired : Associate's Degree
Travel Percentage : 0%Job DescriptionAs the world works and lives
faster, FIS is leading the way.----Our fintech solutions touch
nearly every market, company, and person on the planet. Our teams
are inclusive and diverse. Our colleagues work together and
celebrate together. If you want to advance the world of fintech,
we'd like to ask you: Are you FIS?Job description:The Disbursements
team supports our Wealth Outsourcing business in an operational
capacity.-- Support ranges from daily processing to annual tax
statement reporting.-- The team is responsible for daily check
production for our various clients.What you will be doing?
- Responsible for daily check production for our various
clients
- Monitors e-mail for directions applicable to processing on
desk.
- Reconciles, monitors and remits federal and state withholding
timely based on established frequencies
- Files required state and federal tax returns on monthly,
quarterly and annual basis
- Maintains participant remittance blocks for recurring pension
payments
- Maintains tax records throughout the year to ensure proper form
creation at year-end (W2, 1099R, 1099Misc, 1099 NEC)
- Responds to client, broker, and TPA (third party administrator)
queries timely and accurately.
- Reviews operational controls and procedures for adequacy and
compliance.
- Assists other team members in the completion of their
responsibilities and assists with any other ad hoc requests as
needed.
- For internal control and audit purposes, documents and creates
checklists for each action..
- Monitors internal accounts and cash exceptions.
- Reviews Cash Blotter and ensures items are submitted and
balanced prior to end of day.
- To ensure straight through processing, proactively identifies
exceptions that may cause issues and communicates exceptions to
business lines.
- Initiates wires for daily funding of registers and makes
appropriate entries to internal accounts.
- Monitors large wires and ensures timely approval by management
and supervisors.
- Monitors all workflows and request queues (QForms, Sharepoint,
Email) and responds within the defined service level standard.
- Daily, monitors all control accounts for exceptions.
- Reviews and clears all cash exceptions and share reconciliation
items.
- Participates with other team members in reviewing and assessing
current practices and procedures.
- Participate in monthly storage procedures for department.
- Other related duties assigned as needed.What you will need:
- Knowledge of cash and/or treasury processing
- Must be proficient with Excel
- Experience in the financial industry
- Ability to multi-task
- Ability to work in a fast-paced environment.
- Attention to detail.
- Great team player willing to help others when needed.
- Good communication skillsBonus if you have:--
- Knowledge of state and federal tax remission
- Knowledge of various facets of the retirement businessWhat we
offer you:
- At FIS, you can learn, grow, and make an impact in your career.
Our benefits include:----
- Flexible and creative work environment--
- A diverse and collaborative atmosphere----
- Professional and personal development resources--
- Opportunities to volunteer and support charities.--
- Competitive salary and benefits----Privacy StatementFIS is
committed to protecting the privacy and security of all personal
information that we process in order to provide services to our
clients. For specific information on how FIS protects personal
information online, please see the Online Privacy Notice.EEOC
StatementFIS is an equal opportunity employer. We evaluate
qualified applicants without regard to race, color, religion, sex,
sexual orientation, gender identity, marital status, genetic
information, national origin, disability, veteran status, and other
protected characteristics. The EEO is the Law poster is available
here supplement document available hereFor positions located in the
US, the following conditions apply. If you are made a conditional
offer of employment, you will be required to undergo a drug test.
ADA Disclaimer: In developing this job description care was taken
to include all competencies needed to successfully perform in this
position. However, for Americans with Disabilities Act (ADA)
purposes, the essential functions of the job may or may not have
been described for purposes of ADA reasonable accommodation. All
reasonable accommodation requests will be reviewed and evaluated on
a case-by-case basis.Sourcing ModelRecruitment at FIS works
primarily on a direct sourcing model; a relatively small portion of
our hiring is through recruitment agencies. FIS does not accept
resumes from recruitment agencies which are not on the preferred
supplier list and is not responsible for any related fees for
resumes submitted to job postings, our employees, or any other part
of our company.#pridepass
Keywords: Disability Solutions, Johns Creek , Securities Operations Associate Senior -Disbursements, Accounting, Auditing , Atlanta, Georgia
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