Wealthfront Corporation is currently hiring a Brokerage Operations Specialist to be responsible for daily brokerage operations functions including Cashiering and Account Maintenance. Brokerage Operations is a division of Wealthfront Brokerage and works closely with Client Services and all other divisions of Wealthfront Inc. - including the engineering and product teams - to provide the best client experience possible.
Responsibilities- Complete daily brokerage operations exception reports including unreconciled activity, margin, corporate actions, etc.
- Conduct quality control reviews and regulatory document delivery reconciliation
- Perform cashiering duties including verification of incoming wires, checks, ACHs and process withdrawal requests
- Provide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AML
- Collaborate cross-functionally with other teams at the company, specifically creating strong relationships with engineers
- Certain in office tasks as the business requires
Requirements- Minimum of 2 years brokerage industry experience preferably in a back office role
- Securities regulatory knowledge and strong understanding of account transfers, corporate actions/dividends, and trading
- Understanding of AML and risk mitigation rules
- Strong organizational skills
- Customer-centric business philosophy and collaborative mindset
- Ability to communicate cross-functionally
- Appreciation and understanding of applying technology and software to business processes
- Desire to improve processes to increase team efficiency and productivity
- Strong work ethic and hands-on approach
- Ability to quickly learn proprietary web-based account services applications
- Appreciation for compliance and adherence to government regulations
- Bachelor's degree in finance, economics, or related field or requisite related work experience
- FINRA Series 7 required (or ability to obtain in 90 days)
Estimated annual salary range: $81,000 - $90,000 USD plus Equity.
Plus benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!
