Fees & Commissions - Operations Analyst
Paladin Consulting, Salt Lake City, Utah, United States, 84193
Paladin Consulting is currently hiring a Fees & Commissions - Operations Analyst to join our team working onsite at our client's office located in Salt Lake City, UT.
We work with companies that offer environments for our employees to contribute, learn, and advance their career. We treat you like you are part of the family.
Overview Job Title: Fees & Commissions - Operations Analyst
Work Location: Salt Lake City, UT
Duration: Long Term Contract
Education/Experience Required: Bachelors degree + Financial and risk management experience including compliance risk (ex – data management, charge accuracy)
Job Description & Responsibilities
Enhance and improve our processes and functions by developing a deeper understanding of the function and becoming a technical expert
Collaborate with our technology and business partners as well as external contacts to improve strategic process workflows
Provide timely client or business query support
Use your inquisitive mindset to identify control weaknesses and recommend robust solutions
Monitor Futures/listed derivative fees, commission or interest related functions for clients and house businesses
Maintain accurate commission, interest and fee rates for clients in all firm systems
Ensure accurate collection and payment for millions of trades a day
Monitor and approve functions that span the life cycle of a trade such as validations, configurations, adjustments, reconciliations, invoices, and payments
Align team expectations and oversee gaps around all phases of the trade and billing life cycle
Act as a technical expert to enhance firm's processes, identify control weaknesses, recommend robust solutions, in collaboration with direct team, internal and external technology and business partners
Regularly assess client, business and regulatory needs and identify change required
Plan and execute projects to increase firm profitability and adhere to any new compliance guidance
Develop readiness plan and associated change management strategies for new functionality upgrades on the back of business, regulatory or system upgrades
Partner with Business Intelligence team to develop capabilities for new process that would identify and mitigate risk derived from the correlation of quantitative and qualitative data
Define project scope and required resources; set objectives and milestones; measure outcomes and their impact
Highlight project bottlenecks and propose feasible solutions
Collect, interpret and condense large amount of complex data, and present meaningful actionable insights to senior level stakeholders
Translate project business requirements for technical and non-technical stakeholders
Skills & Qualifications
Self-motivated and proactive team player who takes ownership and demonstrates accountability, has strong organizational skills as well as the ability to effectively manage competing priorities
Proactive, enthusiastic approach with very high attention to detail
Highly collaborative, flexible, and team-focused with ability to interact effectively with a wide range of stakeholders
Translating project business requirements for technical and non-technical stakeholders
Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment
Excellent Client Service skills with ability to communicate complex issues to individuals with varying levels of product expertise
Competency with MS Suite, especially Excel and the ability to learn multiple programs quickly
Data ingestion, data transformation and harmonization, data processing, data provision, data modeling, and data access
Financial and risk management experience including compliance risk (ex – data management, charge accuracy)
For more information or to view other opportunities, visit us at www.paladininc.com.
Paladin Consulting is an EEOC employer.
#J-18808-Ljbffr
We work with companies that offer environments for our employees to contribute, learn, and advance their career. We treat you like you are part of the family.
Overview Job Title: Fees & Commissions - Operations Analyst
Work Location: Salt Lake City, UT
Duration: Long Term Contract
Education/Experience Required: Bachelors degree + Financial and risk management experience including compliance risk (ex – data management, charge accuracy)
Job Description & Responsibilities
Enhance and improve our processes and functions by developing a deeper understanding of the function and becoming a technical expert
Collaborate with our technology and business partners as well as external contacts to improve strategic process workflows
Provide timely client or business query support
Use your inquisitive mindset to identify control weaknesses and recommend robust solutions
Monitor Futures/listed derivative fees, commission or interest related functions for clients and house businesses
Maintain accurate commission, interest and fee rates for clients in all firm systems
Ensure accurate collection and payment for millions of trades a day
Monitor and approve functions that span the life cycle of a trade such as validations, configurations, adjustments, reconciliations, invoices, and payments
Align team expectations and oversee gaps around all phases of the trade and billing life cycle
Act as a technical expert to enhance firm's processes, identify control weaknesses, recommend robust solutions, in collaboration with direct team, internal and external technology and business partners
Regularly assess client, business and regulatory needs and identify change required
Plan and execute projects to increase firm profitability and adhere to any new compliance guidance
Develop readiness plan and associated change management strategies for new functionality upgrades on the back of business, regulatory or system upgrades
Partner with Business Intelligence team to develop capabilities for new process that would identify and mitigate risk derived from the correlation of quantitative and qualitative data
Define project scope and required resources; set objectives and milestones; measure outcomes and their impact
Highlight project bottlenecks and propose feasible solutions
Collect, interpret and condense large amount of complex data, and present meaningful actionable insights to senior level stakeholders
Translate project business requirements for technical and non-technical stakeholders
Skills & Qualifications
Self-motivated and proactive team player who takes ownership and demonstrates accountability, has strong organizational skills as well as the ability to effectively manage competing priorities
Proactive, enthusiastic approach with very high attention to detail
Highly collaborative, flexible, and team-focused with ability to interact effectively with a wide range of stakeholders
Translating project business requirements for technical and non-technical stakeholders
Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment
Excellent Client Service skills with ability to communicate complex issues to individuals with varying levels of product expertise
Competency with MS Suite, especially Excel and the ability to learn multiple programs quickly
Data ingestion, data transformation and harmonization, data processing, data provision, data modeling, and data access
Financial and risk management experience including compliance risk (ex – data management, charge accuracy)
For more information or to view other opportunities, visit us at www.paladininc.com.
Paladin Consulting is an EEOC employer.
#J-18808-Ljbffr