RIA Operations and Client Administration Associate - New York City, New York United States - 45712

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JOB DESCRIPTION

Job #: 45712
Title: RIA Operations and Client Administration Associate
Job Location: New York City, New York - United States
Remote Job: Unknown
Employment Type:
Salary: contact recruiter for details
Other Compensation: bonus eligible
Employer Will Recruit From: Local
Relocation Paid?: NO

WHY IS THIS A GREAT OPPORTUNITY?


The company is a prestigious, award-winning wealth management firm. This is a great career growth opportunity for a rising professional interested in finance and wealth management. Great benefits as well!

JOB DESCRIPTION

RIA Operations and Client Administration Associate

New York, NY.

Requires: 1-2 years of experience in the financial services industry and desire to pursue a career in wealth management operations.

Our client is a leading, independent wealth management firm with a pioneering history in the fee-only advisory sector and leadership by award-winning financial advisors.

The firm seeks a highly capable, hardworking  RIA Operations and Client Administration Associateto perform a variety of operational tasks, including providing support to Financial Advisors.
You will set up and maintain client accounts, compile and complete client, custodian, and firm paperwork; and review and maintain client transactions and activity. The Client Administration Associate also may be involved with the execution of several firm-wide projects.

This position is on an Operations career track and has the significant upward potential over time. A formal training program ensures professional growth and supports continuing progress at the firm.

Duties and Responsibilities of the RIA Operations and Client Administration Associate:

  • Work with clients and their custodians to open accounts and deposit and transfer funds. Handle trading and portfolio reporting.
  • Assist with the review of clients' current investments and objectives, providing clients with a picture of their current portfolio composition. Assist with the creation of custom portfolios within the firm’s guidelines which the firm will manage.
  • Work closely with clients and custodians to execute operational requests for new accounts, asset transfers, and other account-related tasks.
  • Assist the firm’s Operations Manager in maintaining portfolio accounting and trading systems, the CRM, electric document management systems and assist with maintaining various aspects of the firm's trading software.
  • Serve as a liaison between Advisors and clients, and communicate effectively with them verbally and in writing.
  • Manage selected projects, ensuring tasks are complete and done on time.

QUALIFICATIONS

Qualifications of the RIA Operations and Client Administration Associate:

 

  • 1-2 years of experience in the financial services industry.
  • Undergraduate degree in Finance or a related field 
  • Focus on Wealth Management as a career.
  • Strong written, verbal, and presentation skills.
  • Detail-oriented, self-starter, takes initiative.
  • Team player, collaborative, able to work with effectively with others.
  • Accurate, organized, able to set priorities.
  • Of the highest integrity.
  • Maintain a “Client-first” attitude.
  • Desire and ability to work successfully in a small company environment.

    Compensation and Benefits: Compensation includes salary plus incentive based on experience and industry standards. Generous benefits include: Fully Paid Medical Plan (with no in-network co-pays or deductibles), Dental, Vision, Life and AD & D, Long-Term Disability, Short-Term Disability, FSA, Generous 401(k) match, Traditional and Roth 401(k), up to $400 for gym reimbursement.

 

Keywords: wealth management, financial services, financial advisory, client service, CSA, CFP, portfolio management

Education:
University - Bachelor's Degree/3-4 Year Degree