Prince Financial Services
Prince Financial Services is a well-established Wealth Management firm based in Seattle, WA, committed to delivering high-end, comprehensive financial planning and investment services. Our team-oriented environment fosters collaboration, integrity, and professional growth. We are currently seeking a motivated, detail-oriented, and business-savvy Investment Operations Associate to support our expanding client base and help deliver an exceptional client experience.
Overview
The Investment Operations Specialist plays a critical role in supporting the firm’s investment and financial planning operations. The ideal candidate is proactive, analytical, highly organized, and possesses strong communication skills. You will assist in managing firm investment operations, client portfolios, executing trades, maintaining compliance, and ensuring seamless account operations. This is an excellent opportunity to work closely with advisors and clients in a dynamic and client-focused environment. RESPONSIBILITIES AND DUTIES
Investment Operations Management
Continuously monitor client’s financial situations from both detailed and big picture perspectives Identify gaps or key areas of improvement, any potential risks, mitigations, and value-add suggestions. Forecast and look for emerging trends related to the planning process and client planning model. Provide in-depth analysis on an annual basis on individual fund analytics and overall portfolio performance. Assist with internal workflow system upgrades and development. Processing Accounts
Preparing and processing all paperwork needed for investment/advisory accounts. Monitoring, processing and following up on asset transfers and on initial and subsequent funding of advisory accounts. Implementing initial and subsequent asset allocation trades. Executing buy or sell orders and rebalancing orders in Envestnet and maintaining asset allocation. Following up on trade rejects and resolving all trade-related issues. Monitoring holdings for program eligibility and administering advisory accounts. Trading and Investment Functions
Advisory & Brokerage Trading:Conduct and manage trades for both advisory and brokerage accounts. Rebalancing:Regularly rebalance portfolios to maintain the desired asset allocation at direction of Inv Specialist. Cash Management:Oversee cash flows within investment accounts. Tax Loss Harvesting:at direction of Inv Specialist execute trades to optimize tax-loss harvesting. Roth Conversion:Execute and manage Roth conversions as needed. Client Service
Corresponding with relationship managers to handle advisory related service issues. Providing services and administering advisory products. Accepting redemptions/withdrawals from clients and communicating instructions to home office. Maintaining daily tickler system for account follow-ups and service requirements. Running performance reports in Envestnet, Morningstar and NMCIR. Compliance and Administration
Administer Compliance Requirements:Ensure adherence to all relevant compliance and regulatory requirements. CRM and Opportunities Monitoring:Utilize CRM systems to monitor opportunities and manage client relationships Track and manage account follow-ups, required service actions, and compliance deadlines. CORE COMPETENCIES
Knowledge of various account types including trusts, various IRA types, 401(k), defined benefit plans, etc The ability to effectively multi-task and prioritize while managing a highly varied workload. Excel, MS Word, Power Point, Execute high quality written and verbal correspondence with clients as well as within the firm. Strong attention to detail with the ability to work with a high degree of accuracy. Ability to work in a fast-paced environment. REQUIRED QUALIFICATIONS
Bachelor’s degree in Finance, Business, or a related field preferred. FINRA Series 7 License FINRA Series 63 WA State Life, Health and Disability 5+ years of experience in investment operations, wealth management, or financial services. What We Offer
Salary range: $70,000 - $90,000 3% 401(k) employer match Employer pays 100% of employee’s premiums for health plan, vision, and dental insurance Employer paid long-term disability policy, and group life insurance Paid tuition towards industry licensing, including continuing education and designations Paid Time Off (PTO) accrual rate dependent on industry experience, starting at 15 days per year To learn more about Prince Financial Services visit our website:
princefinancialservices.nm.com Seniority level
Mid-Senior level Employment type
Full-time Job function
Management and Manufacturing
#J-18808-Ljbffr
The Investment Operations Specialist plays a critical role in supporting the firm’s investment and financial planning operations. The ideal candidate is proactive, analytical, highly organized, and possesses strong communication skills. You will assist in managing firm investment operations, client portfolios, executing trades, maintaining compliance, and ensuring seamless account operations. This is an excellent opportunity to work closely with advisors and clients in a dynamic and client-focused environment. RESPONSIBILITIES AND DUTIES
Investment Operations Management
Continuously monitor client’s financial situations from both detailed and big picture perspectives Identify gaps or key areas of improvement, any potential risks, mitigations, and value-add suggestions. Forecast and look for emerging trends related to the planning process and client planning model. Provide in-depth analysis on an annual basis on individual fund analytics and overall portfolio performance. Assist with internal workflow system upgrades and development. Processing Accounts
Preparing and processing all paperwork needed for investment/advisory accounts. Monitoring, processing and following up on asset transfers and on initial and subsequent funding of advisory accounts. Implementing initial and subsequent asset allocation trades. Executing buy or sell orders and rebalancing orders in Envestnet and maintaining asset allocation. Following up on trade rejects and resolving all trade-related issues. Monitoring holdings for program eligibility and administering advisory accounts. Trading and Investment Functions
Advisory & Brokerage Trading:Conduct and manage trades for both advisory and brokerage accounts. Rebalancing:Regularly rebalance portfolios to maintain the desired asset allocation at direction of Inv Specialist. Cash Management:Oversee cash flows within investment accounts. Tax Loss Harvesting:at direction of Inv Specialist execute trades to optimize tax-loss harvesting. Roth Conversion:Execute and manage Roth conversions as needed. Client Service
Corresponding with relationship managers to handle advisory related service issues. Providing services and administering advisory products. Accepting redemptions/withdrawals from clients and communicating instructions to home office. Maintaining daily tickler system for account follow-ups and service requirements. Running performance reports in Envestnet, Morningstar and NMCIR. Compliance and Administration
Administer Compliance Requirements:Ensure adherence to all relevant compliance and regulatory requirements. CRM and Opportunities Monitoring:Utilize CRM systems to monitor opportunities and manage client relationships Track and manage account follow-ups, required service actions, and compliance deadlines. CORE COMPETENCIES
Knowledge of various account types including trusts, various IRA types, 401(k), defined benefit plans, etc The ability to effectively multi-task and prioritize while managing a highly varied workload. Excel, MS Word, Power Point, Execute high quality written and verbal correspondence with clients as well as within the firm. Strong attention to detail with the ability to work with a high degree of accuracy. Ability to work in a fast-paced environment. REQUIRED QUALIFICATIONS
Bachelor’s degree in Finance, Business, or a related field preferred. FINRA Series 7 License FINRA Series 63 WA State Life, Health and Disability 5+ years of experience in investment operations, wealth management, or financial services. What We Offer
Salary range: $70,000 - $90,000 3% 401(k) employer match Employer pays 100% of employee’s premiums for health plan, vision, and dental insurance Employer paid long-term disability policy, and group life insurance Paid tuition towards industry licensing, including continuing education and designations Paid Time Off (PTO) accrual rate dependent on industry experience, starting at 15 days per year To learn more about Prince Financial Services visit our website:
princefinancialservices.nm.com Seniority level
Mid-Senior level Employment type
Full-time Job function
Management and Manufacturing
#J-18808-Ljbffr