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Benefit Payments Analyst

Company: DISYS
Location: Newark
Posted on: May 3, 2021

Job Description:

DESCRIPTION

The Control Utility Team will support multiple business lines including Benefit Payments, Securities Lending, and ADR operations. The successful candidate should have a desire and ability to learn quickly, as well as someone who is a self-starter and team player. A positive mindset and a demonstrated curiosity on analyzing processes are essential to success in this role, and future advancement opportunities.

RESPONSIBILITIES

Reconcile several payment accounts on a daily basis and apply a proactive approach to monitoring cash break items

Achieve a working knowledge of each business line supported by the team - including revenue and cash flows for each

Track the accrual and payments of loan interest on a daily, monthly, and annual basis

Monitor the correct processing and delivery of wire and ACH payments and be able to investigate the root-cause analysis of any issues that may have occurred

Understand and analyze business system reporting capabilities and explore ways to improve reports

Account for and certify all internal account balances on a monthly basis

Track and log any manual transactions made between ERISA qualified accounts

Handle a larger work and reporting load during the change of months

Build an awareness of Financial and Operational Risk and be proactive in offering insights into how to better manage them

Support internal clients and ensure that requested information is provided promptly, concisely, and correctly.

QUALIFICATIONS

(Must Have)

1 - 3 years of experience in Benefit Payment or Client Servicing role (preferably in Finance industry)

Experience with reconciliation, budgeting and financial reporting

Strong Microsoft Office (Excel, PowerPoint) skills

Experience working on Xceptor, Alteryx and/or Tableau automation tools

Bachelor degree in Business or related field

(Nice To Have)

ERISA and retirement plan knowledge

Finance industry back-office experience

Soft Skills:

Strong attention to detail and documentation requirements

Strong risk-management focus

Highly motivated with the ability to act without direct supervision

Excellent time-management and prioritization skills

Problem-solving skills- working across the organization to solution issues

Strong written and verbal communication skills in a professional setting

Keywords: DISYS, Newark , Benefit Payments Analyst, Other , Newark, Delaware

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