Operations Associate

Operations Associate – Job Description

Our firm, a recently established Broker /Dealer fully owned by an international public listed financial conglomerate, is currently seeking a motivated and detail-oriented individual to join our team as an Operations Specialist. As an Operations Specialist, you will play a crucial role in ensuring the smooth day-to-day operations of our firm. You will be responsible for a wide range of tasks including trade settlement, account maintenance, and client support.

Responsibilities

• Coordinate and execute trade settlement process for client accounts
• Oversea and manage the end-to-end trade lifecycle, including trade confirmation, allocation, and settlement.
• Liaise with clearing firms, custodians, and counterparties to ensure timely trade settlement.
• Support the account transfer process (ACATS) and manual transfers, ensuring accuracy and timeliness.
• Communicate with clients and resolve any trade-related inquiries or issues
• Maintain accurate client records and ensure compliance with regulatory requirements
• Review and reconcile account statements, ensuring accuracy of transactions
• Assist in the onboarding process for new clients, including account setup, documentations and ensuring compliance with Know your Customer (KYC) and Anti-Money Laundering (AML) regulations.
• Update and Maintain client account records, including changes to account settings, contact information, and beneficial details.
• Work closely with the compliance team to ensure adherence to industry regulations
• Assist in the preparation and submission of regulatory reports
• Monitor and analyze trading activities, identifying any potential risks or anomalies
• Collaborate with internal teams to improve operational processes and efficiency
• Provide exceptional support to clients, answering any questions or resolving any issues in a timely manner

Requirements

• Bachelor's degree in finance, accounting, or a related field
• Minimum 2 years of experience in a similar role within the financial services industry
• Solid understanding of trade settlement processes and industry regulations
• Excellent attention to detail and strong analytical skills
• Proficient in using financial software and Microsoft Office Suite
• Strong written and verbal communication skills
• Ability to work independently and meet tight deadlines
• Strong problem-solving and decision-making abilities
• Highly organized and capable of multitasking
• Knowledge of financial markets and investment products is a plus
• FINRA licenses Series 99, Ability to obtain SIE and Series 7 in the first year

Benefits

We offer a competitive compensation package together with health, vision, life insurance and short- and long-term disability insurance. 401K with a matching contribution by the firm.

Location:

Miami, Florida