Brokerage Operations Specialist

1 month ago
Full-time
Junior
Customer and Technical Support
Wealthfront

Wealthfront

Wealthfront is a leading financial planning and investing platform that combines technology and academic strategies to help individuals grow their wealth easily and affordably.

Capital Markets
51-250
Founded 2011
$274M raised

Description

  • Complete daily brokerage operations exception reports, including unreconciled activity, margin, and corporate actions.
  • Conduct quality control reviews and reconcile regulatory document delivery.
  • Perform cashiering duties by verifying incoming wires, checks, and ACH transfers and processing withdrawal requests.
  • Maintain accounts and review new and existing account activity to help mitigate AML-related risk.
  • Collaborate cross-functionally with client services, engineering, product, and other internal teams.
  • Build strong working relationships with engineers and help implement process improvements through automation.
  • Support additional in-office tasks as needed based on business requirements.

Requirements

  • Minimum of 2 years of brokerage industry experience, preferably in a back-office role.
  • Knowledge of securities regulations and a strong understanding of account transfers, corporate actions/dividends, and trading.
  • Understanding of AML rules and risk mitigation practices.
  • Strong organizational skills and a customer-centric, collaborative mindset.
  • Ability to communicate effectively across functions and work well with other teams.
  • Appreciation for using technology and software to improve business processes.
  • Desire to improve processes to increase team efficiency and productivity.
  • Strong work ethic and a hands-on approach.
  • Ability to quickly learn proprietary web-based account services applications.
  • Bachelor's degree in finance, economics, or a related field, or equivalent related work experience.
  • FINRA Series 7 required, or ability to obtain within 90 days.

Benefits

  • Estimated annual salary range of $81,000 to $90,000 USD.
  • Equity included in the compensation package.
  • Medical, vision, and dental insurance.
  • 401(k) plan.
  • Generous time off.
  • Parental leave.
  • Wellness reimbursements.
  • Professional development support.
  • Employee investing discount.

Interested in this position?

Apply directly on the company website

Apply Now

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