Our fintech solutions touch nearly every market, company, and person on the planet.. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?. The Disbursements team supports our Wealth Outsourcing business in an operational capacity.. Maintains participant remittance blocks for recurring pension payments. Responds to client, broker, and TPA (third party administrator) queries timely and accurately.

operations associate

Position Type : 

Full time Type Of Hire : 

Experienced (relevant combo of work and education) Education Desired : 

Associate's Degree Travel Percentage : 

0%Job Description

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company, and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?

Job description:

The Disbursements team supports our Wealth Outsourcing business in an operational capacity. Support ranges from daily processing to annual tax statement reporting. The team is responsible for daily check production for our various clients.

What you will be doing?

Responsible for daily check production for our various clients
Monitors e-mail for directions applicable to processing on desk.
Reconciles, monitors and remits federal and state withholding timely based on established frequencies
Files required state and federal tax returns on monthly, quarterly and annual basis
Maintains participant remittance blocks for recurring pension payments
Maintains tax records throughout the year to ensure proper form creation at year-end (W2, 1099R, 1099Misc, 1099 NEC)
Responds to client, broker, and TPA (third party administrator) queries timely and accurately.
Reviews operational controls and procedures for adequacy and compliance.
Assists other team members in the completion of their responsibilities and assists with any other ad hoc requests as needed.
For internal control and audit purposes, documents and creates checklists for each action..
Monitors internal accounts and cash exceptions.
Reviews Cash Blotter and ensures items are submitted and balanced prior to end of day.
To ensure straight through processing, proactively identifies exceptions that may cause issues and communicates exceptions to business lines.
Initiates wires for daily funding of registers and makes appropriate entries to internal accounts.
Monitors large wires and ensures timely approval by management and supervisors.
Monitors all workflows and request queues (QForms, Sharepoint, Email) and responds within the defined service level standard.
Daily, monitors all control accounts for exceptions.
Reviews and clears all cash exceptions and share reconciliation items.
Participates with other team members in reviewing and assessing current practices and procedures.
Participate in monthly storage procedures for department.
Other related duties assigned as needed.

What you will need:

Knowledge of cash and/or treasury processing
Must be proficient with Excel
Experience in the financial industry
Ability to multi-task
Ability to work in a fast-paced environment.
Attention to detail.
Great team player willing to help others when needed.
Good communication skills

Bonus if you have:
 

Knowledge of state and federal tax remission
Knowledge of various facets of the retirement business

What we offer you:

At FIS, you can learn, grow, and make an impact in your career. Our benefits include: 
Flexible and creative work environment 
A diverse and collaborative atmosphere 
Professional and personal development resources 
Opportunities to volunteer and support charities. 
Competitive salary and benefits 




Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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