Wealth Operations Associate

Bravera Holdings Corp.; Bismarck, Northern (ND, KY); Hybrid; USD 50,000 - 70,000; Full time

Benefits offered by this job

Competitive salary

Incentive compensation

Retirement plan with company match

Health insurance

Paid holidays

Paid time off (PTO)

Volunteer time off

Stock opportunities

Job summary

Bravera Wealth in Bismarck, ND is seeking a Wealth Operations Associate to support retirement plan services administration and fiduciary duties. The role involves processing and balancing records, payroll data, and client statements under supervision.

Qualified candidates will have a HS diploma, up to 4 years of post-secondary education, and experience in wealth operations or accounting. Strong accuracy, communication, and teamwork are essential.

Qualifications

• HS diploma or equivalent; 2–4 years post-secondary preferred.
• Wealth department operations experience (≤5 years) with accounting background preferred.
• Strong communication, attention to detail and organizational skills required.

Responsibilities

• Operate Relius system: input contributions and produce client/participant statements.
• Process periodic payroll information for retirement plan clients.
• Balance daily transactions and assist with daily balancing.
• Prepare reports by account or plan as requested by management.
• Maintain confidentiality and adhere to fiduciary responsibilities.

Skills

Attention to detail

Effective communication

Team collaboration

Willingness to learn

Education

High School diploma

2-4 years post-secondary education

Tools

Microsoft Word

Microsoft Excel

Job description

Bravera Wealth is hiring for a Wealth Operations Associate in Bismarck, ND. Bravera is an employee- and director-owned company that is committed to helping our employees forge a new path in their career. We work together to drive continuous improvement which enhances the customers experience and keeps our organization moving forward.

This position is responsible for performing various duties relating to the processing and administration of retirement plan services accounts, including balancing reports, processing client company payrolls, handling disbursements, and preparing periodic statements. Day-to-day activities will require direction and supervision from the Operations Manager and other Retirement Plan Advisors. Will aid in the communication between departments, offices and Subsidiaries.

MEASURES OF SUCCESS:

• Willing and eager to learn new concepts and systems
• Shows attention to detail and strives for accuracy on a daily basis
• Effective communication and team collaboration skills

DUTIES AND RESPONSIBILITIES:

• Responsible for understanding and acting in accordance with the legal responsibilities of a Fiduciary.
• Responsible for operations and maintenance of the retirement plan services participant record-keeping system (Relius) for Bravera Wealth. This position requires constant monitoring of the daily activity involving fiduciary accounts.
• Input of employee contribution/distribution data, and production of client/participant statements on the Relius system.
• Process periodic payroll information for the Company retirement plan services’ clients.
• Monitor and reconcile the daily transactions and assist with daily balancing.
• Preparation of various reports by account, plan, and/or Company, as requested by Retirement Plan Advisor or Management.
• Answering questions/inquiries from Bravera Wealth clients and service providers under the supervision of the Wealth Operations Manager.
• Balance various statements and securities by location, as needed.
• Maintain participant and plan sponsor web-set up and process daily web activity.
• Assist the Wealth Operations Manager with year-end plan reports, as needed.
• Knowing and following current Bravera Wealth policies and procedures.
• Responsible for promoting teamwork and open communication among all functions of the Holding Company and with Subsidiaries.
• Responsible for promoting the organization in the community through participation in various civic and community events, activities, committees, and organizations.
• Must maintain a high level of confidentiality and professionalism regarding all employee and customer issues and information.
• The employee will adhere to all trust rules and regulations, including but not limited to the requirements of the Bank Secrecy Act. In addition, the employee will be proactive in the prevention of illegal activities, will vigilantly look for activities that may constitute any type of fraud including money laundering, and will report any suspicious activity to the BSA Officer.
• Will be required to drive a company vehicle with some overnight travel required. Must maintain a clear driving record in order to maintain coverage under American’s vehicle insurance provider.
• Contribute to the overall success of the organization by leveraging opportunities as they relate to all entities of Bravera Holdings Corp.

QUALIFICATIONS:

• Education: HS diploma or equivalence with 2-4 years of post-secondary education preferred;
• Experience: Applicable job experience of less than five years in wealth department operations with accounting background.
• Must be self-motivated and use initiative.
• Strong communication skills and effective listening skills.
• Close attention to details and strong organizational skills.
• Ability to work with numbers accurately and attentively.
• Knowledge of general accounting/bookkeeping principles along with knowledge of Microsoft Word and Excel is necessary.
• Knowledge of retirement plan services administration preferred.

Location

Bismarck, ND

To support this, we provide a competitive and rewarding compensation package which includes a competitive salary, incentive compensation opportunities, retirement plan with company match, health insurance, paid holidays, paid time off (PTO), paid community volunteer time and stock opportunities. As a learning organization, we are committed to investing in the growth and development of our team members, offering training opportunities and tuition reimbursement.

Our Values

• Give and earn trust. We support and empower one another to earn trust through accountable performance.
• Learn, teach and mentor. We are a learning organization that invests in growth and development.
• Collaborate and innovate. We work together to drive continuous improvement to enhance your experience.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing or action, including an investigation conducted by the employer or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c).

Qualifications

Education

Required

High School or better.

Experience

Preferred

3 years: Wealth or trust experience

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.