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    Job · 22460029

    Alegeus logo

    Banking Operations Sr. Associate II

    Alegeus · Bengaluru · onsite · Posted 1d ago

    Undisclosed6–11 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Job Summary

    As a Banking Operations Sr. Associate II, you'll play a critical role in ensuring accurate, timely, and compliant back-office and banking operations that support Consumer Directed Healthcare claims and Health Savings Account inquiries.

    Responsibilities
    • Keep critical operations moving by executing essential back-office and banking activities, including CIP and OFAC processes, account reconciliations, transactional processing, check research, and resolution activities.
    • Deliver with accuracy and urgency, consistently meeting productivity expectations and service-level agreements while adhering to established policies, practices, and operational guidelines.
    • Build strong connections across the business by communicating effectively with internal and external partners and ensuring work requests receive timely, thoughtful responses.
    • Turn operational insights into action by identifying meaningful metrics and trends, sharing findings with leadership, and proactively addressing potential processing issues before they create downstream impact.
    • Make good processes even better by assessing procedures, identifying opportunities to simplify workflows, and contributing ideas that increase efficiency and strengthen operational performance.
    • Grow your impact beyond day-to-day operations by developing a strong understanding of Alegeus business practices, policies, and product offerings while contributing to special projects and evolving team priorities.
    Essential Skills for Creating a Lasting Impact

    Alegeus colleagues are known as problem-solvers, risk-takers, and innovative thinkers. As a Banking Operations Sr. Associate II, these skills are essential for success:

    • Abilities: Demonstrated ability to manage multiple back-office processing activities while maintaining accuracy, productivity, and quality; communicate effectively with diverse stakeholders; recognize operational trends and risks; and proactively identify opportunities to streamline workflows and improve results.
    • Experience: 6+ years of experience in banking operations and/or financial operations, including experience working across multiple processing environments and executing back-office support.
    • Education: Bachelor's degree.
    Location

    Bangalore

    Sourced from naukri

    Skills

    workflowsOfacDownstreamstatisticshealthtechCompensation And BenefitsBankingFintechSavings AccountHealthcareResearchoperationsFinancial OperationsLegalbanking operationsrecruiterArtificial Intelligence

    About Alegeus

    Alegeus logo

    Alegeus

    FinTech

    501-1000

    employees

    1995

    31 years old

    Waltham

    US

    About

    Alegeus Technology

    Alegeus is a FinTech company operating in the healthcare benefits space. At a high level, were the leading platform that powers tax-advantaged benefit accounts so think of things like HSAs, FSAs, etc. In other words, we sit at the intersection of healthcare, payments, and technology, and essential we're helping millions of people save smarter and spend better on their healthcare.

    In recent years, Alegeus has grown quickly and successfully, but like many fast-growing companies, we’ve reached that stage where we need to evolve from “scale-first strategy” to sustainable, scalable growth. We’re sharpening our identity as a true FinTech company, not just HealthTech and we’re building the operational and strategic infrastructure to support that future.

    Since joining Vista Equity Partners, one of the world’s leading private equity firms focused exclusively on software and technology with approx. 80 companies in their portfolio, we’ve been laying the groundwork for that next phase of growth and maturity. We’re investing in technology (think product, AI, etc.) , leadership, and process, all with the goal of creating a more aligned, efficient, and high-performing organization. When it comes to the numbers here's a rapid fire breakdown:

    • 1k employees, HQ in Boston, but also have office in Bangalore and Orlando and a presence in Milwaukee.
    • We've doubled revenue in five years.
    • Directionally we're $300m + this year
    • We've tripled EBITDA in five years with 47% EBITDA margins
    • We're projected to have more than 11M lives on platform this year, with ~99% client retention
    • Greater than 50% rule of 40

    Industries

    FinTech

    Employee ratings

    44 reviews

    2.5/ 5

    Culture

    2.5

    Career growth

    2.2

    Work-life

    2.9

    Employees rate it well for

    Senior Management5

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