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Financial Processing Associate Jobs in Delaware (NOW HIRING)

Td

Financial Advisor Associate - Bear, DE

Bear, DE · On-site

$61K - $92K/yr

TD Wealth The Financial Advisor Associate (FAA) works with TD Wealth prospects and clients to ... Effectively implements a process to ensure every client receives periodic ongoing contacts and an ...

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Financial Processing Associate information

What are the key skills and qualifications needed to thrive as a financial processing associate?

To thrive as a Financial Processing Associate, you need strong numerical accuracy, attention to detail, and a foundational understanding of accounting or finance, often supported by a relevant degree or experience. Familiarity with financial software such as QuickBooks, SAP, or Oracle, and proficiency in spreadsheets are typically required. Excellent organizational skills, communication, and the ability to manage deadlines set top performers apart. These skills and qualities ensure precise transaction processing, minimize errors, and support smooth financial operations in any organization.

What are some common challenges financial processing associates face, and how can they be addressed?

Financial Processing Associates often work with large volumes of transactions and must ensure accuracy under tight deadlines. A common challenge is staying organized and minimizing errors during data entry and reconciliation. This can be addressed by developing strong attention to detail, using checklists, and leveraging software tools to automate repetitive tasks. Additionally, clear communication with team members and other departments helps resolve discrepancies quickly and maintain smooth workflow.

What is the difference between Financial Processing Associate vs Accounts Payable Clerk?

AspectFinancial Processing AssociateAccounts Payable Clerk
Primary ResponsibilitiesProcessing financial transactions, data entry, verifying paymentsManaging vendor invoices, processing payments, reconciling accounts
Required SkillsAttention to detail, basic accounting, data managementInvoice processing, accounting software proficiency, attention to detail
Work EnvironmentFinance departments, corporate officesFinance or accounting departments, corporate offices
Common CertificationsNone required or basic bookkeeping certificationsNone required, often familiarity with accounting software

While both roles involve handling financial data, a Financial Processing Associate focuses on processing a variety of financial transactions and data verification, whereas an Accounts Payable Clerk specializes in managing vendor invoices and payments. Both positions require attention to detail and familiarity with accounting processes, but their specific duties differ within the finance department.

What is a financial processing associate?

Financial Processing Associates are professionals responsible for handling and processing financial transactions within an organization. Their duties typically include data entry of financial records, verifying the accuracy of invoices and payments, and ensuring compliance with company policies and accounting standards. They often work closely with accounting and finance teams to maintain accurate financial records and support audits or financial reporting. Attention to detail and strong organizational skills are essential for success in this role.
What are popular job titles related to Financial Processing Associate jobs in Delaware? For Financial Processing Associate jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Financial Processing Associate jobs in Delaware look for? The top searched job categories for Financial Processing Associate jobs in Delaware are:
What cities in Delaware are hiring for Financial Processing Associate jobs? Cities in Delaware with the most Financial Processing Associate job openings:
Financial Processing Associate jobs near you

Cash and Controls Associate II

JP Morgan Chase

Newark, DE • On-site

Full-time

Medical, Retirement

Posted 14 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks

Job description

Join our team where you'll play a crucial role in ensuring accurate and efficient trade processing across all asset classes. Your advanced analytical skills and trade lifecycle expertise will be vital in solving complex problems, making impactful decisions, and ensuring compliance with industry standards.
As a Trade Lifecycle Associate II within JPMorganChase, you will play a pivotal role in managing the operations of the pre- and post-trading life cycle across all asset classes. Your expertise in trade lifecycle processes will be crucial in ensuring all trades are processed accurately and efficiently on respective platforms. You will be expected to apply your advanced analytical skills and broad understanding of the professional field to solve problems, make decisions that impact the department, and ensure compliance with technical standards and policies. Your role will involve coordinating with various departments, managing cash movements in and out of client accounts, and preparing funding for managed demand deposit accounts. You will also be responsible for identifying process inefficiencies and implementing improvements, leveraging automation technologies, and managing projects effectively. Your ability to influence and manage internal stakeholders, coupled with your strong presentation skills and market product knowledge, will be key to your success in this role.
Job responsibilities 
  • Oversee the preparation and management of funding for managed demand deposit accounts (DDA's), ensuring proper allocation of wires to client/funding accounts within the appropriate threshold. 
  • Conduct comprehensive reconciliation of ledgers using various systems and tools, identifying and addressing any discrepancies promptly. 
  • Collaborate with other lines of business to facilitate proper funding, ensuring seamless coordination and communication. 
  • Validate internal entries for processing and confirming instructions, applying a keen attention to detail and a thorough understanding of trade lifecycle processes. 
  • Lead and manage projects in partnership with various Operations Departments, leveraging your project management skills to meet goals and deliver results. 
  • Contribute to end-to-end process and operating model reviews, identifying areas for improvement and implementing effective solutions. 
  • Ensure proper controls are in place to mitigate financial risks, proactively identifying and addressing any gaps. 
  • Support strategic projects in partnership with Product, Tech, and Change partners, facilitating seamless change adoption with a key focus on strategic stack adoption. 
  • Know the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams.
Required qualifications, capabilities, and skills 
  • 3+ years of experience in managing trade lifecycle processes, with a focus on cash movements and funding for managed demand deposit accounts. 
  • Series 99 and SIE completed in the first 12 months
  • Demonstrated proficiency in using automation technologies to optimize trade lifecycle operations and implement process improvements. 
  • Advanced knowledge of market product definitions, operating procedures, and industry regulations, with the ability to apply this knowledge in day-to-day operations. 
  • Proven ability to manage projects effectively, with experience in leading cross-functional teams and delivering results within set timelines. 
  • Proficiency in data analysis and interpretation, with experience in using various systems and tools for ledger reconciliation and discrepancy resolution. 
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

J.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. 

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