Operations Associate

Focus Partners; St. Louis (MO); Hybrid; USD 50,000 - 53,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Life insurance

401(k)

Job summary

Focus Partners, a wealth and financial advisory firm, seeks an Operations Associate to support day-to-day operations across operations, technology, client service, wealth management, and compliance. The role offers a hybrid schedule with three in-office days per week and two remote days as arranged by a team leader.

The candidate should have a related degree with 1+ years in operations or client service, or 3+ years in financial services with strong analytical skills.

Qualifications

• Bachelor’s degree in related field and 1+ years of operations or client service experience preferred; OR high school diploma and 3+ years in financial services or related field.
• Familiarity with Portfolio Center or similar portfolio accounting system, Tamarac, Excel
• Strong analytical skills, attention to detail and accuracy
• General knowledge of financial accounting
• Strong problem solving and time management skills
• Versatility, flexibility, and ability to adapt to changing priorities with enthusiasm.

Responsibilities

• Enter and review transactions for client accounts.
• Cash and position reconciliation.
• Identify, investigate, and resolve cash, position, and performance issues.
• Communicate with external vendors and internal partners.
• Ensure data integrity and assist with system maintenance.
• Network with senior personnel to resolve issues and influence outcomes.
• Learn operational fundamentals and basics.
• Support team workload when required.
• Serve as backup for alternatives investments administration.

Skills

Analytical thinking

Attention to detail

Problem solving

Time management

Flexibility

Education

Bachelor’s degree in related field

High school diploma with 3+ years in financial services

Tools

Portfolio Center

Tamarac

Excel

Job description

Job Description Summary

Focus Partners is seeking a motivated and qualified individual for the position of Operations Associate. In this role, the individual will work with a team to support the day-to-day operations of a large financial advisory firm. This is a central seat with exposure to all aspects of the firm including, but not limited to, Operations & Technology, Client Service, Wealth Management, Investment Management, and Compliance. The ideal candidate is a natural leader who is organized, shows attention to detail, is solution-orientated, and flexible.

Focus provides team members the flexibility to work a hybrid schedule. Our hybrid model is defined as 3 days in office work required per week, while giving team members the option to work remotely 2 day per week, or as assigned by their team leader.

Job Description

Primary Responsibilities

• Enter and review transactions for client accounts.
• Cash and position reconciliation.
• Identifying, investigating, and resolving cash, position, and performance, issues.
• Communicating with and monitoring our external vendors (custodians, accountants, etc.) and internal partners.
• Ensure data integrity and assist with system maintenance
• Network with senior personnel internally and externally to resolve issues, gain needed information, and influence outcomes for team.
• Learn operational fundamentals and basics.
• Support team members with workload when required or capacity allows.
• Serve as backup for alternative investments administration.

Qualifications

• Bachelor’s degree in related field and 1+ years of operations and/or client service experience preferred; OR high school diploma and 3+ years of working in financial services or related field.
• Familiarity with Portfolio Center or similar portfolio accounting system, Tamarac, Excel
• Strong analytical skills, attention to detail and accuracy
• General knowledge of financial accounting
• Strong problem solving and time management skills
• Versatility, flexibility, and an ability to work within constantly changing priorities with enthusiasm.

This position is a non-exempt position. The annualized base pay range for this role is expected to be between $50,000-$53,000 base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.

Focus Partners is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, Focus Partners supports clients at every stage of life, helping them manage their financial future. Focus Partners uses research-backed investment strategies to create custom-built portfolios and delivers personalized wealth planning solutions to clients in all 50 states. Focus Partners is part of Focus, a leading financial services firm comprised of wealth management, family office, and business management services. To learn more about Focus, visitfocuspartners.com or follow the company on LinkedIn.

Focus is a leading financial services firm comprised of integrated wealth management, family office, and business management services. Blending deep expertise and expansive resources with a boutique, client-first fiduciary philosophy, Focus helps individuals, families, and institutions navigate complex financial situations with highly personalized solutions tailored to their unique needs. To learn more about Focus, visit www.focusfinancialpartners.com or follow the company on LinkedIn.

EEO Statement

Focus is an equal opportunity employer and bases its employment decisions on the employee or candidate’s skillset, and without regard to an employee or candidate’s race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by local, state and/or federal law. Focus complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [e-mail]

For California Applicants

Information on your California privacy rights can be found here

For Indiana Applicants

It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For Maryland Applicants

I UNDERSTAND THAT UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT ANY INDIVIDUAL SUBMIT TO OR TAKE A POLYGRAP OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.

For Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this shall be subject to criminal penalties and civil liability.

For Montana Applicants

If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.

For Rhode Island Applicants

Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.