Operations servicing specialist vs contracts specialist

Differences between operations servicing specialist and contracts specialist duties and responsibilities

Operations servicing specialist example responsibilities.

• Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
• Maintain current knowledge of ACH rules, proper procedures, and regulations.
• Change ACH options on SACH to auto or manual for cash deposits or withdrawals on investment brokerage accounts.
• Oversee direct deposit enrollment and benefits enrollment organizing and faxing forms to corporate payroll and outsourcing company to ensure employee enrollment.
• Experience in training associates in nightly and monthly processes such as NAV and dividend processing.
• Document and confirm overnight cash levels of funds and NAV calculations with the custodian bank.
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Contracts specialist example responsibilities.

• Manage multiple task orders in an IDIQ environment.
• Provide clarity on medical and drug cover benefits for a Medicare advantage insurance plan.
• Manage inventory and distribution activities of the third-party logistics provider.
• Develop marketing strategies to expand Medicaid manage care provider network and enrollment.
• Manage the influenza vaccine annual contracting and RFP process for a national specialty pharmaceutical distributor.
• Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
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