Custody Operations Associate

Kelmar Associates; United States; A distancia; USD 45.000 - 65.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical Insurance

Dental Insurance

Vision Insurance

Flexible Spending Plans

Health Savings Account

Health Reimbursement Arrangement

401(k) Plan with company match

Paid Parental Leave

Paid Time Off

Tuition Assistance

Discretionary Annual Bonus

Descripción de la vacante

Kelmar Associates is seeking a Custody Operations Associate to join its Security Operations team. This entry-level remote position offers training and an opportunity to build a career in financial operations and custody services.

The successful candidate will reconcile client accounts, execute instructions, and maintain accurate records while collaborating with clients and sub-custodians in a remote environment.

Formación

• Bachelor's degree or equivalent combination of education and experience.
• Entry-level candidates encouraged; training provided.
• Excellent interpersonal, written, and verbal communication.
• Strong analytical skills and attention to detail.
• Proficiency with Microsoft Office and general computer applications.
• Ability to work independently in a remote environment.
• Self-motivated with strong organizational skills.
• Candidates must be legally authorized to work in the United States without sponsorship.
• Knowledge: Account reconciliation and financial record management; client communication and problem solving.

Responsabilidades

• Perform daily reconciliation of client accounts with the sub-custodian.
• Review and transfer accounts to state custodial accounts.
• Execute share sale and transfer transactions per client instructions.
• Update client databases with transfers, corporate actions, dividends, and gains.
• Identify discrepancies and report to the Custody Operations Manager.
• Ensure security classifications are accurately maintained.
• Research corporate actions and CUSIP histories; assist entitlement calculations.
• Assist with workflow testing and batch process improvements.
• Perform quarterly reconciliations to identify worthless securities.
• Communicate with clients regarding activity and status.
• Support onboarding activities and special projects for new clients.

Conocimientos

Interpersonal skills

Written communication

Verbal communication

Analytical skills

Attention to detail

Independent work

Organizational skills

MS Office

Windows OS

Account reconciliation

Client communication

Educación

Bachelor's degree

Herramientas

Microsoft Office

Microsoft Windows

Descripción del empleo

Kelmar Associates is seeking a Custody Operations Associate to join its Security Operations team. This entry-level remote position offers an excellent opportunity for candidates looking to build a career in financial operations and custody services, with comprehensive training provided.

The successful candidate will work closely with the Security Operations team, sub-custodians, and clients to reconcile transactions, execute account instructions, maintain accurate records, and ensure client unclaimed property databases remain up to date.

This role is ideal for detail-oriented professionals who enjoy working with financial data, account reconciliations, and client communications in a collaborative remote environment.

Key Responsibilities

• Perform daily reconciliation of client accounts held by the sub-custodian against unclaimed property databases.
• Review and transfer accounts from mutual fund companies, brokerage firms, and transfer agents to state custodial accounts.
• Execute share sale and transfer transactions based on client instructions.
• Update client databases with transfers, sale proceeds, corporate actions, liquidations, dividends, and capital gains.
• Identify discrepancies and report them to the Custody Operations Manager.
• Ensure security classifications such as mutual funds and common stock are accurately maintained.
• Research corporate actions and CUSIP histories while preparing entitlement calculations.
• Assist with workflow testing, document updates, and batch process improvements.
• Perform quarterly reconciliations to identify worthless securities.
• Communicate with clients regarding account activity, transfers, corporate actions, and transaction status.
• Support onboarding activities and special projects for new clients.

Requirements

• Bachelor's degree or equivalent combination of education and experience.
• Entry-level candidates are encouraged to apply; training will be provided.
• Excellent interpersonal, written, and verbal communication skills.
• Strong analytical skills and attention to detail.
• Proficiency with Microsoft Office, Microsoft Windows, and general computer applications.
• Ability to work independently in a remote environment.
• Self-motivated with excellent organizational skills.
• Candidates must be legally authorized to work in the United States without sponsorship.
• Strong knowledge of:
  • Account reconciliation and financial record management.
  • Microsoft Office and computer software applications.
  • Client communication and analytical problem-solving.

Benefits

• Medical, Dental, and Vision Insurance.
• Flexible Spending Plans (FSA).
• Health Savings Account (HSA).
• Health Reimbursement Arrangement (HRA).
• Basic Life, AD&D, Voluntary Life, and Disability Insurance.
• 401(k) Plan with company match.
• Paid Parental Leave.
• Paid Time Off (PTO).
• Tuition Assistance.
• Discretionary Annual Bonus.