Our mission is pretty simple; we believe that everyone deserves sophisticated financial advice. Over the past five years, Wealthfront has rolled out the features and services that now define a new category that we call 'automated investment services.' We are focused on taking services typically reserved for the ultra-wealthy, automating them and delivering them directly to the investors at an incredibly low cost. We have clients in all 50 states who trust us with $5 billion in assets and growing. With our clients' trust, we believe we can and will change this industry.
Wealthfront is currently hiring a Brokerage Operations Specialist to be responsible for daily brokerage operations functions including new account opening and cashiering. Brokerage Operations is a division of Wealthfront Brokerage and works closely with Client Services and all other divisions of Wealthfront Inc., including the engineering and product teams to provide the best client experience possible.
Review and process account transfer requests (ACAT and Non-ACAT) within service level
Complete daily brokerage operations exception reports including unreconciled activity, margin, corporate actions, etc.
Conduct quality control reviews and regulatory document delivery reconciliation
Trading related tasks include placing orders, settlements, trade corrections
Perform cashiering duties including verification of incoming wire’s, checks, ACH’s and process withdrawal requests
Review and approve new client accounts for management according to policy and procedures
Provide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AML
Working cross functionally with engineers
Minimum of 2 years brokerage industry experience preferably in a back office role
Securities regulatory knowledge and deep understanding of account transfers, corporate actions/dividends, and trading
Understanding of AML and risk mitigation rules
Strong organizational skills
Customer-centric business philosophy and team oriented
Ability to communicate cross functionally
Real passion for and understanding of applying technology and software to business processes
Strong work ethic and hands-on approach
Ability to quickly learn proprietary web-based account services applications
Appreciation for compliance and adherence to government regulations
Bachelor’s degree in finance, economics, or related field or substantial experience
FINRA Series 7 required. Series 24 and 99 licenses preferred (or ability to obtain in 90 days)
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.