Wealth Management Operations Analyst (Account Onboarding)

IT Accel, Inc.; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

A financial services firm in New York seeks an operational professional for a 6-month contract role. Responsibilities include managing client accounts, ensuring regulatory compliance, and supporting securities transactions. Candidates should have at least 2 years' operational experience within financial services and strong knowledge of KYC/AML regulations. Familiarity with industry platforms like Bloomberg is essential. This role requires excellent analytical and communication skills to facilitate efficient service delivery.

Qualifications

• Minimum of 2 years of operational experience in financial services.
• Experience with client onboarding and AML/KYC compliance.
• Experience with regulatory reporting such as FINRA TRACE.

Responsibilities

• Open and maintain client accounts while ensuring compliance.
• Coordinate securities and cash transfers for timely processing.
• Investigate and resolve settlement issues and transaction exceptions.

Skills

Account opening procedures

KYC/AML regulations

Analytical skills

Communication skills

Problem-solving skills

Familiarity with industry platforms

Education

High school diploma or GED

Bachelor’s degree in business, economics, mathematics, or related field

Tools

DTCC

Bloomberg

NetX360

Job description

6-Month Contract

Responsibilities

• Open and maintain client accounts by collecting documentation, verifying information, and ensuring compliance with KYC/AML requirements
• Coordinate securities and cash transfers by working with internal teams and external partners to ensure accurate and timely processing
• Provide operational support for the booking, allocation, confirmation, settlement, and reconciliation of securities, FX, derivatives, and alternative investments
• Monitor and process daily transactions including trade reporting, wire transfers, deposits, unmatched or failed trades, and system trade feeds
• Investigate and resolve settlement issues, transaction exceptions, and client account inquiries while maintaining clear communication with stakeholders
• Partner with internal teams such as Trading, Product, Technology, and Operations to ensure smooth service delivery
• Identify opportunities to improve processes, efficiency, and operational controls while maintaining a strong risk management environment
• Support internal and external audits, risk reviews, and ensure adherence to procedures, SLAs, and KPIs
• Assist with system and process enhancements including testing, documentation, and implementation of operational changes

Required Skills

• Strong knowledge of account opening procedures and KYC/AML regulations
• Understanding of financial products including securities, FX, options, and swaps
• Knowledge of trade processing including booking, allocation, settlement, custody, reconciliation, and regulatory reporting
• Strong analytical, problem‑solving, organizational, and communication skills
• Understanding of operational, market, regulatory, and legal risks within financial services
• Ability to work collaboratively in a fast‑paced team environment while maintaining high client service standards
• Familiarity with industry platforms such as DTCC, Euroclear, Fedwire, FICC, SWIFT, Bloomberg, and NetX360

Required Experience

• Minimum of 2 years of operational experience in financial services (broker‑dealer, bank, or investment advisor preferred)
• Experience with client onboarding and AML/KYC compliance
• Experience supporting cash, securities, FX, and derivative transactions
• Experience with regulatory reporting such as FINRA TRACE
• Experience working with internal stakeholders such as trading desks or wealth advisors
• High school diploma or GED required; Bachelor’s degree in business, economics, mathematics, or a related field preferred