What are the responsibilities and job description for the Associate Financial Advisor position at Cumby, Spencer & Associates Financial Group?
Assistant Financial Advisor (AFA)
Job Overview
The Assistant Financial Analyst (AFA) supports the investment team by ensuring the smooth execution of financial transactions and maintaining accurate records. This role involves a combination of administrative, analytical, and operational tasks to support investment activities.
Key Responsibilities
· Trade Processing: Ensure timely and accurate processing of trades, including equities, bonds, and derivatives.
· Data Management: Maintain and update investment databases, ensuring data integrity and accuracy.
· Reconciliation: Perform daily and monthly reconciliations of investment accounts, resolving discrepancies promptly.
· Reporting: Generate and distribute regular investment reports to stakeholders, including performance metrics and compliance reports.
· Compliance: Ensure all activities comply with regulatory requirements and internal policies.
· Support: Assist senior analysts and portfolio managers with research and analysis tasks.
· Communication: Liaise with internal departments, such as front office, compliance, and IT, to facilitate smooth operations. Qualifications
· Education: Bachelor’s degree in finance, Economics, Business Administration, or a related field.
· Experience: Prior experience in a financial services back office or similar role is preferred.
· Skills:
o Strong analytical and problem-solving skills.
o Proficiency in financial software and Microsoft Office Suite.
o Excellent attention to detail and organizational skills.
o Good communication and interpersonal skills.
o Ability to work under pressure and meet tight deadlines.
Additional Requirements:
· Certifications: series 7 / 66
· Technical Skills: Familiarity with investment management systems and data analytics tools.
This role is ideal for individuals who are detail-oriented, enjoy working with data, and have a strong interest in financial markets. It offers a great opportunity to gain experience in the investment industry and develop a career in financial analysis. Associate Financial Advisor
Cumby, Spencer & Associates Financial Group is independently owned and operated from New York Life Insurance Company and its affiliates.