Transition Analyst

Transition Analyst

Summit Financial LLC is a $20 billion Registered Investment Advisory (RIA) firm that has been providing comprehensive financial planning and wealth management services to high-net-worth individuals for over 40 years. Consistently recognized for our expertise, Summit currently ranks in the top 50 of all RIA firms by Barron’s & Forbes and is one of the fastest growing RIAs in the country with over 130 advisors across 19 states and headquarters in Parsippany, New Jersey. Summit is looking for a self-starting individual to join our firm as a Transition Analyst who will have accountability for the overall transitioning of acquiring firms’ accounts and agreements. You will actively collaborate with financial advisors and their staff in collecting and organizing data from various sources to complete the client and advisor onboarding process. Extensive communication with advisors, their teams and Summit’s internal teams while maintaining transparency is critical.

Key Responsibilities:

· Collaborate with the Advisor team, their staff and internal team on collecting client data from various sources into a templated format for account opening.

· Complete the opening of new accounts accurately and efficiently to build confidence and trust through the transition process.

· Review all incoming work for quality, completeness and accuracy.

· Ability to manage multiple platforms including DocuSign.

· The ability to understand and process all functions during the life cycle of account opening to ensure all is in good order.

· Assist Advisor and team with technical issues involving accounts.

· Serve as liaison for Advisor and team with all custodians including Fidelity Investments, Charles Schwab, Goldman Sachs and Pershing.

· Supports tasks related to advisor onboarding and internal transition.

· Ability to problem solve various account issues during the transition process.

· Research of account inquires/issues for Advisor and team.

· Produce reports through custodians’ platforms and Docusign when requested.

· Coordinate with the Transition team providing daily operational assistance.

· Maintain Summit’s internal workflow system to manage daily work

· Adhere to managerial requests when called upon.

· Participate in special projects and cross-train on other departmental functions.

· Act as backup to support team members away from the office.

· Other duties as assigned.

Skills and Experience Needed:

· Bachelor’s degree in finance, accounting, computer science, data analytics, or a relevant field preferred.

· Requires a minimum of 2-3 years related work experience. Wealth Management or Financial Services background is helpful but not required.

· Experience with Fidelity Investments, Goldman Sachs, Charles Schwab, Pershing and Docusign preferred.

· Expert Excel experience.

· Strong Microsoft Office skills, including Outlook.

· Strong written and oral communication skills.

· Client experience – Ability to consult internal and external clients; Strong client-first mentality.

· Strong quantitative and analytical skills.

· Verbal and written communication skills.

· Critical thinking and problem-solving abilities – Ability to think unconventionally in proposing potential solutions to issues.

· Strong mindfulness to ensure quality standards are met without impairing workflow.

· Strong organizational and time management skills needed to prioritize workload, handle multiple tasks and meet deadlines.

· Ability to multi-task in a demanding environment.

Job Type: Full-time

Pay: From $65,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: Hybrid remote in Parsippany-Troy Hills, NJ 07054

Salary : $65,000