Wealthfront
Wealthfront is hiring a Brokerage Operations Specialist responsible for daily brokerage operations with a focus on client communications around life events. Brokerage Operations is a division of Wealthfront Brokerage and collaborates with Client Services and other Wealthfront teams, including engineering and product, to provide the best client experience possible.
Brokerage Operations aims to eliminate non-value-added back office processes and scale the business through automation. You will have the opportunity to learn and work across all areas of Brokerage Operations and collaborate with other departments to implement solutions that improve processes and back-office systems through automation.
Responsibilities
Own the client communication experience from beginning to end when clients reach out about life events
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 processing 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: $75,000 - $90,000 USD plus equity. Benefits include medical, vision, dental, 401K, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more.
About Wealthfront Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We leverage technology to build powerful, low-cost, and user-friendly financial products that help modern investors grow and manage their money.
We began by transforming the investment advisory business through automation, making high-quality investment advice accessible to a digitally-native generation. We offer a full suite of products designed to help clients turn savings into long-term wealth, including:
A Cash Account with high-yield and instant access to funds, no account fees, and checking features
A zero-commission Stock Investing Account with 50+ curated collections
Automated investing portfolios designed to optimize tax savings with strategies like fixed income, tax-loss harvesting, and direct indexing
Our products have attracted over 1 million clients and more than $85 billion in client assets. If you’re inspired to help reshape the financial industry, let’s talk!
For more information please visit
www.wealthfront.com . We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review our candidate privacy notice.
Disclosures:
All investing involves risk, including the possible loss of principal. Tax-Loss Harvesting benefits vary. Wealthfront does not provide tax advice. The Cash Account is offered by Wealthfront Brokerage LLC. Wealthfront Brokerage is a member of FINRA/SIPC. Wealthfront Advisers LLC provides advisory services. The checking features offered in the Cash Account are provided by Green Dot Bank. Fees and eligibility requirements may apply.
Wealthfront Corporation oversees Total Client Assets and Trusted Clients through Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
Seniority level
Entry level
Employment type
Full-time
Job function
Management and Manufacturing
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Brokerage Operations aims to eliminate non-value-added back office processes and scale the business through automation. You will have the opportunity to learn and work across all areas of Brokerage Operations and collaborate with other departments to implement solutions that improve processes and back-office systems through automation.
Responsibilities
Own the client communication experience from beginning to end when clients reach out about life events
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 processing 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: $75,000 - $90,000 USD plus equity. Benefits include medical, vision, dental, 401K, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more.
About Wealthfront Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We leverage technology to build powerful, low-cost, and user-friendly financial products that help modern investors grow and manage their money.
We began by transforming the investment advisory business through automation, making high-quality investment advice accessible to a digitally-native generation. We offer a full suite of products designed to help clients turn savings into long-term wealth, including:
A Cash Account with high-yield and instant access to funds, no account fees, and checking features
A zero-commission Stock Investing Account with 50+ curated collections
Automated investing portfolios designed to optimize tax savings with strategies like fixed income, tax-loss harvesting, and direct indexing
Our products have attracted over 1 million clients and more than $85 billion in client assets. If you’re inspired to help reshape the financial industry, let’s talk!
For more information please visit
www.wealthfront.com . We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review our candidate privacy notice.
Disclosures:
All investing involves risk, including the possible loss of principal. Tax-Loss Harvesting benefits vary. Wealthfront does not provide tax advice. The Cash Account is offered by Wealthfront Brokerage LLC. Wealthfront Brokerage is a member of FINRA/SIPC. Wealthfront Advisers LLC provides advisory services. The checking features offered in the Cash Account are provided by Green Dot Bank. Fees and eligibility requirements may apply.
Wealthfront Corporation oversees Total Client Assets and Trusted Clients through Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
Seniority level
Entry level
Employment type
Full-time
Job function
Management and Manufacturing
#J-18808-Ljbffr