Middle Office Settlement Specialist in Brooklyn, OH at Key Bank- Corporate

Date Posted: 8/10/2018

Job Snapshot

Job Description

JOB BRIEF: The individual is responsible for assisting the Key Investment Services Sales Force with depositing checks to client’s brokerage account.


ESSENTIAL JOB FUNCTIONS

  • Review all check’s received to verify accuracy of payee information.
  • Review and enter all physical securities received. Work with Clearing Firm to ensure all pending items are cleared and all required documentation has been received.
  • Ensure all check’s received are deposited same day. Maintain Non-Deposit log for all checks/securities that cannot be deposited. Provide to management for sign off.
  • Work with Clearing Firm to balance firm accounts.
  • Clear all returned items and resolve any debit balances that may occur as a result.
  • Ensure tax reporting for any checks received on Qualified Accounts is entered correctly. Resolve any issues with check’s deposited incorrectly by the field.
  • Maintain distance tracking log and provide system password, deposit tickets, and deposit stamps to sales force. Provide assistance and training on the check deposit system.

REQUIRED QUALIFICATIONS

  • Ability to recognize and understand client issues and develop appropriate responses and solutions
  • Demostrate excellent organizational skills and strong attention to detail
  • Excellent written and verbal communication skills
  • Strong typing skills
  • Education – High School Degree

COMPETENCIES/SKILLS

  • Research and resolve escalated inquiries and problems, as needed
  • Cross train on various functions within the Middle Office to provide back up and support
  • Project involvement and/or assignments from management

EQUIPMENT USED/PHYSICAL REQUIREMENTS

Lotus Notes, MS Office, Pershing NetExchange 360
PC, Fax Machine, Phone


ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
KeyBank has administrative services in place that help support the business. These include: Finance, Human Resources, Legal, and Marketing. KeyBank’s Corporate Center supports strategic initiatives through multiple teams which provide distinctly different, yet interrelated, disciplines for the KeyBank Leadership team and its business groups. The Corporate Center protects and enhances Key’s brand through thoughtful and deliberate messaging and responsible banking. Our proactive approach and significant expertise engage both internal and external constituents – employees, clients, shareholders, investors, regulators, legislators, community advocates – by adding value, positively influencing their perceptions, and instilling a sense of confidence in Key.

FLSA STATUS:Non-Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 30961BR

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