Benefits:
401(k)
Bonus based on performance
Qualifications
3+ years of financial industry experience
Bachelor’s degree in Finance, Computer Science, Data Analytics or a relevant field
Familiar/proficient with various reconciliation tools, including but not limited to Excel (Formula Builder, Pivot Tables, etc.), Black diamond, Salesforce, and custodians such as Schwab, Fidelity, and Pershing
Are familiar with RIA operations, including new account opening, account transfers, billing, and cashiering functions
Are tech savvy and can quickly learn new software, platforms, and tools
Strong attention to detail to ensure quality standards are met without impairing workflow.
Ability to meet strict deadlines in a fast-paced environment.
Responsibilities
Quarterly Advisory Fee Processing - carries out the required processes involving the RIA billing platform, including:
Maintenance & reconciliation
Employing fee debiting methods with various custodians
Specific fee runs, custodian uploads, adjustment billing
Provide communication and support to advisors; troubleshoot any issues from advisor billing inquiries
Assume cashiering function with custodians
Monitors accounts and activities on platform; resolve complex billing issues
Assists in compiling and analyzing data on a monthly/quarterly basis in accordance with billing and service practices.
Trading & Reporting
Monitoring daily operational processes including trades, regulatory compliance adherence, and problem resolution
Trade order creation and execution in client accounts for ad hoc cash distributions and during periodic rebalance of all client accounts
Post-trade processing and resolving trade settlement issues in a timely manner
Maintaining investment models and various research materials
Compiling documentation to prepare for quarterly Investment Committee Meetings
Support investment and business operational duties as needed
Develop and maintain research, institutional, and vendor relationships to enhance investment advisory platform to meet the objectives of our clients
Collaborate with other support and processing departments to resolve issues