Wealthfront is currently hiring a Brokerage Operations Specialist to be responsible for daily brokerage operations functions including Cashiering and New Accounts. 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 Wealthfront
Brokerage 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 requests Review New Account applications and client submitted supporting documentsProvide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AML  Collaborate 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 requiredEstimated annual salary range: $75,000 - $90,000 USD plus Equity.Plus benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!