Operational Analyst - Systematic Withdrawal Plan (SWP)

Title: Operational Analyst - Systematic Withdrawal Plan (SWP)

Location : Minneapolis, MN or Milwaukee, WI or Chicago, IL

Onsite

Duration: 1 year plus

Essential Qualification and Work Experience:

• Bachelor's degree in finance, Accounting,
• Commerce, Economics or related field.
• 1-4 years of experience in: Custody Operations on SWP.

Soft Skills:

• Demonstrate effective communication skills
• Effectively coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines.
• Ability to learn and become an expert in field.

Domain/Technical Skills:

• Proficient in SWP navigation and client/portfolio-level data research
• Skilled in generating and interpreting BOXI reports on SWP for MIS and reporting
• Understanding of Capital Markets Knowledge of Equities, Fixed Income, Traditional Assets, Bonds, Mutual Funds.
• Must be knowledgeable in all areas of Microsoft Office including Word, Excel, Access and Outlook.

Preferred Technical Skills:

Preference in: Accounting, Finance or Business related field.

Position Summary:

The Operations analyst will work in the back office processing area supporting through the banking and advisor client groups. This role requires a self-motivated, goal oriented individual with the ability to manage multiple tasks in a time sensitive delivery schedule.

Essential duties and responsibilities include the following (other duties may be assigned)

• Basic processing and/or service activities specific to team function on SWP like -
• Process static data amendments (DOB, address, fee package, statement recipients, etc.).
• Execute inter-account cash/stock transfers as per client instructions.
• Manage recurring and ad-hoc cash disbursements, including dividend and interest payout.
• Review and post cash receipts from clients and counterparties.
• Interact effectively with multiple operational processing teams.
• Maintaining the highest level of confidentiality, quality and privacy.
• Manage a time-sensitive delivery schedule.
• Other duties as assigned.