Wealthfront Corporation is currently hiring a Brokerage Operations Specialist to be responsible for daily brokerage operations functions including Cashiering and Account Maintenance. 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.
Brokerage Operations at Wealthfront
Brokerage Operations at Wealthfront is right for you if you want to be a part of our mission to eliminate non-value added back office processes and scale the business through automation. On a day to day basis, your knowledge will not be limited to one area of Brokerage Operations. You will have the opportunity and flexibility to learn and work in all areas. You will not be separated from other departments, as a matter of fact, you will be encouraged to collaborate with others. Brokerage Operations values input from all employees on how to improve our processes and back office systems through automation and allows employees to work cross-functionally to implement solutions.
Responsibilities
Complete daily brokerage operations exception reports including unreconciled activity, margin, corporate actions, etc.
Conduct quality control reviews and regulatory document delivery reconciliation
Perform cashiering duties including verification of incoming wires, checks, ACHs and process withdrawal requests
Provide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AML
Collaborate cross-functionally with other teams at the company, specifically creating strong relationships with engineers
Certain in office tasks as the business requires
Requirements
Minimum of 2 years brokerage industry experience preferably in a back office role
Securities regulatory knowledge and strong understanding of account transfers, corporate actions/dividends, and trading
Understanding of AML and risk mitigation rules
Strong organizational skills
Customer-centric business philosophy and collaborative mindset
Ability to communicate cross-functionally
Appreciation and understanding of applying technology and software to business processes
Desire to improve processes to increase team efficiency and productivity
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 requisite related work experience
FINRA Series 7 required (or ability to obtain in 90 days)
