Operations Analyst Co-op

Vestmark, Inc.; Wakefield (MA); Hybrid; USD 25,000 - 28,000; Part time

Benefits offered by this job

Mentor program

Training sessions

Social events

Job summary

Vestmark is seeking talented students for consideration in our Spring Semester Co-op Program. The internship offers a hybrid, three days per week in-office experience at Vestmark’s Wakefield, MA headquarters, with a mentoring coach and access to scheduled events, trainings, and social activities to build professional experience in a small, dynamic company.

Responsibilities include account level reconciliation, maintenance, performance review, corporate actions support, and cross‑department

Qualifications

• Minimum of 2 years of coursework toward a bachelor's degree (CS, Business, Finance or Marketing).
• Must be currently enrolled in an accredited college.
• Strong analytical reasoning.
• Excellent written and oral communication skills.
• Ability to work independently and as part of a team on multiple overlapping projects.
• Self-motivation and strong communication skills.
• Proficiency with Microsoft Office.

Responsibilities

• Gain understanding of the teams’ processes, sponsor relationships, and vendor systems used to support Client managed accounts.
• Perform account level reconciliation – Cash, Positions, transactions, tax lots
• Perform account maintenance functions including: New account setup, Terminations, contributions/withdrawals, tax harvests
• Review and validate performance returns by account and client
• Support corporate actions processing including both mandatory and voluntary events
• Support security master activity including new security set up and pricing updates
• Management of client expectations – excellent communication skills are essential.
• Partner with various internal departments to deliver superior customer service.
• Work collaboratively with team and sponsors to resolve exceptions
• Participate in special projects to accommodate new products and platforms

Skills

Analytical skills

Communication skills

Teamwork

Self-motivation

Microsoft Office

Education

Coursework toward bachelor's degree

Tools

Microsoft Office

Job description

Vestmark is seeking talented students for consideration in our Spring Semester Co-op Program. We have designed a program that offers a full-time experience, where the intern is assimilated into our Business Process Outsourcing (VOS) teams to learn about and work under the guidance of an experienced manager. Each Vestmark Intern will be assigned a mentor and receive opportunities through scheduled events dedicated to the Interns. You will have the chance to attend select Vestmark training sessions, participate in Vestmark social events, and gain invaluable professional experience through client support-based work. It is a great experience to explore a career in a small company and a dynamic work environment that attracts and retains smart, creative, and dedicated people.

Responsibilities may include

• Gain a high understanding of the various teams’ processes, sponsor relationships, and vendor systems used to support Client managed accounts.
• Perform account level reconciliation – Cash, Positions, transactions, tax lots
• Perform account maintenance functions including: New account setup, Terminations, contributions/withdrawals, tax harvests
• Review and validate performance returns by account and client
• Support corporate actions processing including both mandatory and voluntary events
• Support security master activity including new security set up and pricing updates
• Management of client expectations – excellent communication skills are essential.
• Partner with various internal departments to deliver superior customer service.
• Work collaboratively with team and sponsors to resolve exceptions
• Participate in special projects as the need arises to accommodate new products and platforms

Required Experience and Skills:

• Ideal candidate has a minimum of 2 years of course work completed towards a bachelor’s degree in computer science, Business, Finance and/or Marketing. Must be currently enrolled in an accredited college.
• Strong analytical reasoning
• Excellent written and oral communication skills
• Must be able to work independently and as part of a team on multiple overlapping projects
• Self-motivation and strong communication skills
• Strong Microsoft Office skills

This is hybrid role, requiring three days per week in the office, whereas the office is located at Vestmark’s headquarters in Wakefield, MA. Fully remote will not be considered.

Hourly compensation ranges from $18-$20, with specific rate determined by academic year level.

Vestmark is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Vestmark prohibits employment discrimination on the basis of race, color, religion, gender identity, sex, sexual orientation, pregnancy, national origin, age, disability status, protected military or veteran status, and genetic information. #LI-TG1