Investment Operations Associate

Claire Myers Consulting; Summit (NJ); On-site; USD 80,000 - 85,000; Full time

Job summary

A boutique advisory firm is seeking an experienced Investment Operations Associate in Summit, New Jersey. In this role, you will be the primary point person for multiple advisory teams, handling various tasks including account openings, processing transactions, and maintaining client agreements. The ideal candidate has over 2 years of investment operations experience and proficiency in financial management platforms. This position offers a competitive salary package along with a bonus and benefits.

Qualifications

• Minimum of 2 years of relevant experience in investment operations.
• Familiarity with various financial platforms is required.

Responsibilities

• Open accounts and handle wires, cash raises and distributions.
• Maintain client agreements and process operational tasks.
• Liaise between Advisors and investment teams for client servicing.
• Handle custodial issues and assist in client communications.
• Help Advisors optimize workflows in CRM and prepare for meetings.

Skills

2+ years of investment operations experience

Proficiency in Wealthscape

Proficiency in Netx360

Proficiency in Pershing

Proficiency in Orion

Proficiency in Black Diamond

Experience with CRM (Wealthbox or Salesforce preferred)

Job description

Compensation: $80K - $85K base salary + bonus (up to 15%) + benefits

Our client is a boutique advisory firm that provides financial advice and practice management support to independent Financial Advisors. They are seeking to add an Investment Operations Associate to their team. This Associate is the point person for multiple advisory teams. Responsibilities are primarily investment operations-related, however, the Investment Operations Associate also plays a key role in supporting Advisors service their clients, acting as a liaison between the Advisors and home office, and providing practice management support.

Responsibilities

• Opening accounts
• Handling wires, cash raises and distributions, rollovers, etc.
• Sending out and maintaining client agreements
• Liaising between the Advisor and the investment teams to process and service new and existing business
• Handling all custodial issues
• Following up on Docusigns sent to clients
• Gathering additional information from clients when necessary
• Responding to clients in a timely manner when processing new business or handling operational workflow
• Helping Advisors optimize workflows in the CRM
• Assist in preparation for Advisor's client review meetings

Qualifications

• 2+ years of investment operations experience
• Proficiency in Wealthscape, Netx360, Pershing, Orion and/or Black Diamond
• Experienced with CRM (Wealthbox or Salesforce preferred)