Job Description

Reference # : 17-03762Title : Junior Business Analyst
Location : Jersey City, NJ
Position Type : Contract
Experience Level : 3 YearsStart Date / End Date : 04/17/2017 / 04/12/2018
Junior Business Analyst
Job Number: 3961

Kick start your career in Financial Services. Eclaro is looking for a Junior Business Analyst for our client in Jersey City, NJ.

Eclaro’s client is a full-service bank providing a wide spectrum of corporate, commercial, retail banking, and wealth management solutions with offices across the United States. If you’re up to the challenge, then take a chance at this rewarding opportunity!

The Junior Business Analyst will be a team member within the USWB Onboarding and Maintenance/Data Assurance Department/Middle Office Group

  • Daily Production Workflow
o Initiate workflows to update customer records within the bank's internal on-boarding system including set-up in transactional systems and deactivations
o Ensure that documentation meets internal policy and guidelines on customer data
o Conduct research from internal and external sources to obtain most current information on existing customers including relationship hierarchy structure, industry codes, Tax ID, etc.
o Actively follow-up with Front Office and other internal departments for all requirements
o Maintain detailed tracking of customer files for modifications
o Present complex issues in simple and straightforward manner to internal clients
o Escalate issues to Front Office and/or management for timely resolution
o Prioritize urgent and sensitive requests accordingly
o Serve as a Subject Matter Experts (SME) for core internal bank system and department procedures
  • KYC - New, Reassessments and Ad Hocs
o Execute new, ad-hoc, and reassessment KYCs of existing corporate customers to ensure that KYC has been completed for all USCB customers by specified deadlines; conduct needed research to verify and document KYC file contents
o Initiate CDL workflows to enable timely and accurate submission of KYC files
o Interact with client facing officers to obtain KYC related material and documents needed to complete KYCs when necessary
o Conduct other Compliance checks as needed in relation to completing KYC
  • Data Stewardship
o Analyze anomalies and create an action plan for data remediation
o Coordinate with the Front Office for data quality issues
o Improve and control data quality within core internal bank system
  • Maintain and ensure compliance with Department procedures and overall bank policies
o Document procedures as well as offer and implement suggestions to enhance accuracy and efficiency of the processes
o Conduct system training to business users
o Participate in all department's daily tasks as dictated by workload and staffing levels

  • At least 2 years of experience as Front Office support personnel in a financial institution with products (i.e. derivatives, securitization, and syndication) and operations (Front or Middle Office) knowledge
  • Solid knowledge of KYC/AML and data governance policy
  • Solid understanding of business activities, compliance / risk issues
  • Excellent written and verbal communication and presentation skills in English
  • Strong analytical ability and attention to detail
  • Strong time management, prioritization, work organization, and multi-tasking skills
  • Effective internet and research skills
  • Strong Proficiency in MS Office Suite - especially Excel, with ability to do things like VLookUps, Pivot Tables, and manipulate formulas
  • Ability to be rigorous and motivated by regulatory aspects
  • Inquisitive, tenacious, and investigative mindset
  • Second language is a plus (esp. Spanish/Japanese)

A Bachelor's Degree is required for this position.

If hired, you will enjoy the following Eclaro Benefits:
  • 401k Retirement Savings Plan administered by Merrill Lynch
  • TransitChek Pretax Commuter Benefits
  • Eligibility to purchase Medical, Dental & Vision Insurance through Eclaro
Interested in applying? Contact Homer Ballega at (201) 375-9070 or send an email with your resume, along with the Job Number and your hourly rate and availability to now.
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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