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 WealthfrontBrokerage 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.ResponsibilitiesComplete daily brokerage operations exception reports including unreconciled activity, margin, corporate actions, etc.Conduct quality control reviews and regulatory document delivery reconciliationPerform cashiering duties including verification of incoming wires, checks, ACHs and process withdrawal requestsProvide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AMLCollaborate cross-functionally with other teams at the company, specifically creating strong relationships with engineersCertain in office tasks as the business requiresRequirementsMinimum of 2 years brokerage industry experience preferably in a back office roleSecurities regulatory knowledge and strong understanding of account transfers, corporate actions/dividends, and tradingUnderstanding of AML and risk mitigation rulesStrong organizational skillsCustomer-centric business philosophy and collaborative mindsetAbility to communicate cross-functionallyAppreciation and understanding of applying technology and software to business processesDesire to improve processes to increase team efficiency and productivityStrong work ethic and hands-on approachAbility to quickly learn proprietary web-based account services applicationsAppreciation for compliance and adherence to government regulationsBachelor's degree in finance, economics, or related field or requisite related work experienceFINRA Series 7 required (or ability to obtain in 90 days)Plus benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!About WealthfrontHere at Wealthfront, our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money.We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including:A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features.A zero-commission Stock Investing Account with 50+ handpicked collections that help DIY investors discover new companies and make smarter investing decisions.Multiple automated investing portfolios designed to unlock tax savings through sophisticated strategies like fixed income, tax-loss harvesting, and direct indexing—which we offer at industry-leading low costs and accessible minimums.Our award-winning products have attracted over 1 million clients who trust us with more than $90 billion of their hard earned savings—and we're far from done. If you’re inspired to help us reshape the financial industry as we create our next chapter, let’s talk!
