Operations Analyst

Axos Clearing LLC

Target Range:

$21.00/Hr. - $26.00/Hr.

Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

Eligible for an Annual Discretionary Cash Bonus Target: 5%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 5%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The Operations Analyst is responsible for participating on a team that supports our clients. They will help our clients grow by completing daily workloads in an accurate and timely manner. The Analyst will demonstrate the ability to support one of the following functions: New Accounts, Income Processing, Transfers, Distributions, or Cash Management. Other responsibilities may arise as part of our ever-evolving work environment.
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Responsibilities

• Processes internal account transfers and distributions
• Processes beneficiary transfers (both external and internal), as well as, distributions
• Processes systematic distributions
• Reviews transfer and distribution paperwork to determine accuracy, completeness and proper authorizations
• Establishes and maintains transfer and distribution images
• Processes exception item postings
• Processes product & cash disbursements from accounts to contra-firms, account owners or other third-party payees via check, ACH and wire methods.
• Determines, assesses and collects any fees applicable to cash disbursements
• Facilitates accurate and timely processing of transfers and distributions by communicating with internal departments by requesting additional paperwork, asset review and set-up, omnibus accounts and other items
• Responds to email inquiries
• Researches out of balance items
• 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

Requirements

• Associate's degree
• 2+ years' financial operations experience or equivalent
• Proven organizational skills with high attention to detail
• MS Office Suite
• Strong analytical & problem-solving skills
• Excellent verbal and written communication skills
• Strong prioritizing skills and ability to adapt to change
• Must be a dynamic and self-starting individual, able to work independently or as part of a team
• Experience with rules and regulations governing bank and brokerage accounts

Preferred

• Bachelor's degree
• Tax reporting and IRS regulatory knowledge

Axos Employee Benefits May Include:

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Pre-Employment Background Check and 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 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.