Entry-Level Corporate Banking Analyst

Job Description

Entry Level Banking Analyst | Social Capital Resources

The Tone:
This is a full-time Entry-Level Corporate Banking Analyst role at a bank, for which Social Capital Resources is recruiting. The position is located in Midtown, Manhattan. This role is fundamental to the bank’s daily operations, directly supporting clients through the efficient processing of their financial transactions. It is a critical function that ensures the accurate and compliant handling of deposits, payments, and account services, contributing to the overall stability and client satisfaction of the banking institution.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Mission: This person ensures the accurate and efficient processing of core banking transactions and supports client account management, contributing to seamless financial operations.

What You’ll Actually Do
• Deposit Management: Process a variety of deposit transactions including Demand Deposits, Savings Deposits, and Time Deposits, meticulously ensuring accuracy and adherence to banking procedures.
• Check Clearing: Manage the comprehensive process of both inwards and outwards check clearing services, facilitating the prompt and correct settlement of funds for clients.
• Remittance Services: Execute both domestic and international remittance transactions, guaranteeing secure and efficient transfers of funds across various jurisdictions.
• Account Services: Provide essential account opening and ongoing maintenance services, guiding clients through processes and ensuring their banking records are current and accurate.
• Foreign Exchange: Process foreign exchange (FX) deals and handle related payments, supporting the international financial activities of the bank’s clientele with precision.

The Must-Haves
• Background: A Bachelor’s Degree from an accredited institution is required, serving as a foundational qualification for an early career path in corporate banking.
• Experience: 0-1 years of professional experience, ideally gained in a similar banking or financial services environment, will be valuable for this role.
• Skills: Strong capabilities in transaction processing, meticulous financial record-keeping, effective client service, and a foundational understanding of various banking products (deposits, remittances, FX operations).
• Bonus: Proficiency in Mandarin or Cantonese is considered a significant advantage and highly valued for this position.