Transactions Specialist I - Receivable Operations

Posted Yesterday
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Chicago, IL, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Processes daily remittance and check transactions in a production environment, including preparing work batches, entering data, verifying check negotiability, conducting quality checks, and following customer-specific procedures. The role requires accurate, high-volume processing, routine judgment, error identification, workflow support, teamwork, and occasional lifting of mail trays up to 50 pounds. A Public Trust government security clearance and background screening are required.
Summary Generated by Built In
Are you detail oriented and enjoy a production-based environment that offers career growth?

 
As a Remittance Processor in Receivables Operations, you will be responsible for processing daily document transactions which can include some moderately complex tasks.  Each function may have multiple tasks per transaction.  These transactions require judgment and experience with limited direct supervision.  While receiving clear instruction, you must maintain the highest level of production and accuracy daily.  

 
Job responsibilities:  
  • Prepare batches of work by extracting checks and remittances from envelopes
  • Input data into the system while following standard operating procedures and customer specific instructions for processing
  • Verify negotiability of checks through customer specific instructions for processing
  • Lift and move mail trays weighing up to 50 pounds  
  • Work in all areas/departments of production as needed and contributing to meeting team goals
  • Make judgment calls regarding routine duties, but refer non-routine situations to a supervisor and/or manager
  • Conduct quality checks on transactions completed by peers to verify accuracy and compliance with procedures.
  • Supports operational excellence by identifying errors, monitoring trends, and reinforcing quality standards across the team.
  • Assists in reviewing workflow processes and ensuring transactions are processed correctly and efficiently.
 
Required qualifications, skills and capabilities: 
  • Detail-oriented
  • Good oral and written communication skills
  • Production environment, focus around meeting deadlines
  • You will need basic computer skills and knowledge of Microsoft applications
  • Alpha/Numeric data entry and typing skills – with excellent accuracy
  • Must be a team player and maintain a positive attitude
  • Physical requirements:  Sitting – up to 95% of the time, Standing – up to 10% of the time, Lifting – up to 5% of the time and up to 50 pounds; Walking – up to 10% of the time

Security Clearance Requirement:

A Government Security Clearance, including Public Trust clearance, will be required for this position. As a condition of employment, the selected candidate must successfully complete a comprehensive background screening to obtain the necessary clearance. This process includes, but is not limited to:

  • Fingerprints
  • Credit check
  • Proof of U.S. Citizenship, Acceptable documents may include a U.S. passport, certificate of naturalization, or original/certified birth certificate.
  • Verification of employment history
  • Educational background
  • Criminal record check
  • Tax filing history (possibly)
  • References
  • Information on relatives including citizenship  
  • 7 Year Travel History
  • 7 Year Residence History
  • Government interview completion and favorable background investigation.
  • Other relevant verifications as mandated by federal requirements

Employment is contingent upon the candidate’s ability to meet all requirements for government security and Public Trust clearance. Following hire, failure to maintain this clearance may result in termination of employment.


 
Schedule: 
Monday Thru Friday- 03:00 pm- 11:30 pm  
 
Shift differential: 
10% 
 
This position may require you to work non-traditional hours and/or additional hours as business needs arise.  Work schedule might be subject to change.

 
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • Detail-oriented
  • Good oral and written communication skills
  • Ability to work in a production environment and meet deadlines
  • Basic computer skills and knowledge of Microsoft applications
  • Alphanumeric data entry and typing skills with excellent accuracy
  • Team-oriented attitude
  • Ability to sit up to 95% of the time, stand and walk up to 10% of the time, and lift up to 50 pounds
  • Ability to obtain and maintain a Government Security Clearance, including Public Trust clearance

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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