Job Title: Assurance - Execute/Consultant/AM/DM
Role: POA Processor
Document Processing: The POA Processor is responsible for reviewing and processing Power of Attorney documents submitted by clients. This includes verifying the legality and correctness of these documents.
Client Service: They serve as a point of contact for clients and financial advisors regarding any queries or issues related to POA documents. This involves providing timely and accurate responses to inquiries and resolving any issues that may arise.
Record Maintenance: The POA Processor maintains accurate and up-to-date records of all processed POA documents. They may also be responsible for updating client accounts based on the provisions of the POA.
Compliance: They ensure all actions taken are in compliance with company policies and regulations. This could include state laws and federal regulations related to POAs.
Key Skillsets :
- Good to have knowledge about Wealth Management operations.
- Knowledge of financial operations and processing workflow, including third-party databases and public resources for due diligence.
- Deep understanding of industry-specific processes, regulations, and standards.
- Knowledge about various banking systems and database.
- Flexible to learn and navigate through client systems
- Proficiency in MS-Office (Excel, Word, and PowerPoint)
- Graduation – B. Com., BBA, BBM, BA
- Excellent problem-solving abilities and communication skills
- Should be a quick learner and having forward-thinking, open to new processes and technologies.
- Ability to work independently and in an agile environment.
Role: Estate Processor
Document Processing: Estate Processors review, process, and file various estate-related documents. They ensure that all documentation is accurate, complete, and compliant with both company guidelines and legal regulations.
Client Service: Serving as a liaison between the estate department, financial advisors, and clients, they answer any inquiries related to estate accounts and resolve issues as they arise.
Compliance and Regulation: Estate Processors ensure all estate account activities are in compliance with state and federal laws, as well as company policies.
Key Skillsets :
- Good to have knowledge about Wealth Management operations.
- Knowledge of financial operations and processing workflow, including third-party databases and public resources for due diligence.
- Deep understanding of industry-specific processes, regulations, and standards.
- Knowledge about various banking systems and database.
- Flexible to learn and navigate through client systems
- Proficiency in MS-Office (Excel, Word, and PowerPoint)
- Graduation – B. Com., BBA, BBM, BA
- Excellent problem-solving abilities and communication skills
- Should be a quick learner and having forward-thinking, open to new processes and technologies.
- Ability to work independently and in an agile environment.
Canada Ops :
Advanced Reconciliation Management: Utilize advanced reconciliation process knowledge to handle difficult situations across various systems and functional areas, ensuring accurate financial records.
Problem Resolution: Take ownership of any reconciliation or problem within the team, providing timely and effective resolutions.
Regulatory Compliance: Maintain up-to-date knowledge of regulatory changes affecting reconciliation processes and ensure compliance across all activities.
Process Improvement and Automation: Assist in the development and implementation of new procedures, controls, and automation efforts to enhance efficiency and reduce firm exposure
Key Skillsets :
- Proficient in handling complex reconciliation tasks and understanding the nuances of different accounts and transactions.
- Strong ability to analyze data from various sources and identify discrepancies or areas for improvement.
- Stay informed about applicable regulations and compliance requirements affecting reconciliation processes.
- Capable of identifying and resolving account out-of-balance conditions independently and efficiently.
- Clear and concise verbal and written communication skills for effective coordination with internal and external parties.
- Strong Excel skills and familiarity with other relevant financial systems and tools.
- Ability to focus on details to ensure accuracy and completeness of reconciliations.
- Efficient in managing multiple tasks and responsibilities in a high-volume environment.
- Provide guidance and support to less experienced associates, enhancing team capabilities.
- Experienced in making informed decisions regarding complex reconciliations and escalating issues as necessary.