IRA Operations Associate – Entry Level

Oppenheimer & Co. Inc.; Troy (MI); On-site; USD 42,000 - 52,000; Full time

Job summary

Oppenheimer & Co. Inc. in Troy, Michigan is seeking an entry level Jr.

Operations Specialist (IRA) to join our Operations team. The ideal candidate must be able to work in a fast-paced environment, work independently. We expect the candidate to support IRA-related processes, including contributions, transfers, rollovers, conversions, journals, recharacterization and distributions, while gaining exposure to retirement plan administration and FINET system workflows.

Qualifications

• Experience in a corporate environment, ideally within financial services industry preferred
• Knowledge of IRAs/Retirement Plans preferred
• Basic Arithmetic skills
• Able to interface and articulate well with all levels of employees and management in a professional, timely and friendly manner
• Excellent verbal and written communication skills are a necessity
• Able to work independently

Responsibilities

• Utilize knowledge and apply it to individual retirement plans (i.e. account contributions, transfers, rollovers, conversions, journals, recharacterization and distributions.)
• Utilize knowledge and apply it as it relates to qualified retirement plans (i.e. contributions, distributions, third party distributions, loans and terminating plans)
• Navigate and understand the FINET system relevant to the department
• Processing Death Claims
• Participate in Ad hoc project work assigned

Skills

Experience in corporate environment

Knowledge of IRAs/ Retirement Plans

Basic arithmetic

Verbal and written communication

Independent / works independently

Job description

Oppenheimer & Co. Inc. in Troy, Michigan is seeking an entry level Jr.

Operations Specialist (IRA) to join our Operations team. The ideal candidate must be able to work in a fast-paced environment, work independently. We expect the candidate to support IRA-related processes, including contributions, transfers, rollovers, conversions, journals, recharacterization and distributions, while gaining exposure to retirement plan administration and FINET system workflows.