Operations Associate
$75,000 - $100,000
ApplyOperations Associate
Posted 4 days ago
SENIORITY
Mid
SALARY
$75,000 - $100,000
About the role
- Operational support that includes: Portfolio Account Maintenance
- Monitor client accounts and transaction activity for updates and necessary changes
- Ensure equity trades/cash flows are properly reflected in firm’s portfolio accounting system
- Ensure custody accounts are reconciled to the firm’s portfolio accounting system
- Trade Settlement
- Effectively communicate with brokers and custodians regarding trade settlement issues
- Resolve discrepancies and report significant cash flows to portfolio managers with utmost sensitivity to timing and accuracy
- Prepare and send daily trade files to brokers/custodians
- Monitor and update model portfolio investment platforms
- Compliance Support
- As needed, assist in compiling/auditing/testing of operational systems and processes to help confirm/maintain compliance with company and industry policies
- Manage and track proxy voting done on behalf of advisory clients
- Research and provide info as needed for class action litigation potentially impacting clients Minimum Requirements for Consideration
- Bachelor’s degree in Accounting, Finance, or related field
- Two years experience in operational role within financial services industry Proactive approach, able to complete multiple directives and meet tight deadlines
- Strong client-service orientation and business ethics
- Outstanding analytical and organizational skills, resourceful and inquisitive
- Exceptional communication skills (written and verbal) with confidence to present ideas at all levels of the organization and externally to clients and vendors
- Excellent familiarity with Microsoft Office Suite (Excel, Word, Outlook) Desirable Skills and Experiences
- Experience in wealth management, accounting, finance, or a related field Series 65 license
- Mutual Fund administration and operations
- Technical experience with SS&C Advent Software Suite (APX, Moxy, DTCC, Black Diamond), Bloomberg, FactSet and the desire to master additional financial software programs
- Experience with Salesforce and WordPress Physical Requirements
- Locally based, 4 days/week working from the office and 1 day/week remote work.
- Willing to embrace pre- and/or post – NYSE trading work hours and travel, as needed.
- Comprehensive medical/dental/life insurance package 401(k): Annual contribution of 3% of eligible wages
- Career development: Training/certification/licensing/dues reimbursement
- Paid family/medical leave
Before you apply
Applying takes about a minute. These four things decide how fast it moves after that.
Your profile is current
It's what we read first. Occupations, seniority and locations matter more than a long history.
Two examples you can talk through
Not a portfolio — just two pieces of work where you can explain the decisions and what you'd change.
A number in mind
What you're on now and what would make you move. We negotiate better when we know both.
Your notice period
Employers plan around it, and it's the question that stalls offers most often.
Once you apply, someone reads it and calls you before anything reaches the employer — usually within two working days.
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