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Form of workThis role is part of the Operations team and offers a unique opportunity to work critical functions of Axos Advisor Services. The team’s goal is to be part of an industry leader by providing a seamless and timely cash management experience for our customers.
The Analyst, Operations-Treasury will primarily be responsible for facilitating cash movement and performing reconciliations for the Advisor Services business. The role requires participating on a team that supports our business and clients. Attention to detail, accuracy and good written and verbal communication skills are essential to the position. Must be a hands-on team player who is able to work on multiple initiatives simultaneously, as well as, remaining focused on the task at hand.
- Initiate wires, ACHs and book transfers
- Processes returned items and deposits
- Processes check copy requests
- Processes stop payments, stale dates and positive pay exceptions for the bank
- Facilitates ordering of client checks
- Monitors client check writing submissions
- Set up new ABA data in host system and make any updates to existing ones
- Performs daily custodial cash reconciliation and balances system positions to cash positions
- Reviews daily cash position and updates daily cash position and all supporting worksheets
- Reviews and analyzes the monthly custodial reconciliation and all supporting worksheets
- Researches and identifies adjustments to be made and implements the corrective changes
- Prepares monthly reconciliations and management reports
- Maintain good relationships with banking partners and work with them to resolve issues
- Responds to email inquiries
- Processes exception item postings
- Manages systems, software and workflow
- Follows up on all outstanding items and participates in Quality Control processes
- Is a Subject Matter Expert (SME) for team members, other departments and backs up all team members when needed
- Provides training to new and existing staff including department overviews for those from other departments
- Identifies and escalates operational emergencies and discrepancies to management
- Reviews processes and procedures and makes suggestions on how to improve them
- Other duties and assignments as directed
- Bachelor's degree
- 2+ years' of financial operations experience or equivalent
- Financial industry knowledge
- Understanding of cash management/payment functions and products
- Strong communication skills
- Strong computer skills (Word, Excel, Access, etc.)
- Good analytical skills including ability to research, schedule, analyze, and present findings
- Compensation for this position includes a Semi-Annual Bonus Plan
- 3 weeks’ Vacation, Sick leave, and Holidays (about 11 a year); Medical, Dental, Vision, Life insurance and more
- HSA or FSA account and other voluntary benefits
- 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
- Employee Mortgage Loan Program and free access to Self-Directed Trading
Axos Clearing is a leading correspondent clearing firm serving independent broker-dealers in the retail, active-trading, and institutional markets. Axos Clearing also offers flexible custody solutions for Registered Investment Advisers (RIA) and is a subsidiary of Axos Financial publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
We bring together human insight and digital expertise to anticipate the needs of our customers. Our team members are innovative, technologically sophisticated, and motivated to achieve.
Learn more about working here!
Pre-Employment Drug Test:
All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
Equal Employment Opportunity:
Axos Bank is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state and local laws.
Job Functions and Work Environment:
While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
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