Investment Operations Associate-Downers Grove, IL

Investment Operations Associate

Location: Downers Grove, IL

Hybrid after initial training period

AboutThe Firm

Our client works as a trusted guide, clarifying financial goals and helping to navigate life's transitions. The firm supplies big-picture thinking that goes well beyond the investment portfolio. The firm's comprehensive approach aligns life plans with financial plans, putting together a strategic balance of retirement planning, insurance solutions, intergenerational planning, wealth management, and more. The team helps clients to define financial goals and plot a decisive course of action with a unique focus on the importance of maintaining strong client relationships. When working with our team, your life journey only gets better.

DUTIES & RESPONSIBILITIES

• Maintain CRM records to ensure all client information is accurate and up-to-date.
• Manage Required Minimum Distributions (RMDs) and ensure compliance with related regulations.
• Process tax withholding changes and ensure accurate documentation.
• Handle rollovers, Roth conversions, and contributions, ensuring proper execution and client communication.
• Open, maintain and manage 529 plans, including contributions and distributions.
• Complete other investment service and client support tasks as needed to ensure unmatched client satisfaction.
• Process ACH set up for investment accounts and handle deposits and withdrawals
• Process Qualified Charitable Distributions as needed
• Oversee, maintain, and enhance investment-related data tracking.
• Proactively and appropriately respond to all issues involving processes, software, and advisor communication.
• Collaborate with team members firm-wide and support advisors with trading and investment-related processes, process revisions, and continuous improvement initiatives.
• Effectively prioritize and manage varied and immediate service tasks throughout the workday
• Maintain awareness of changing financial compliance landscape and adjust processes accordingly

SKILLS/QUALIFICATIONS

Required

• Must be investment licensed (series 7 preferred, series 6/63 minimum)
• 2-5+ Years experience in investment service/operations
• Reliable, team player, self-starter, self-sufficient, and hard worker
• Proven strength in written and verbal communication skills
• Strong critical thinking, organizational, and time management skills.
• Keen eye for detail and data analysis.
• Timely follow-up and sense of priority.
• Ability to adapt to change and thrive in a fast-paced environment.
• Familiarity with Microsoft applications and financial software and tools.
• Ability to maintain confidentiality.
• Ability to assess financial situations and analyze portfolios.

COMPENSATION AND BENEFITS

• Other benefits: Medical, dental, and vision coverage, 401K, Life insurance, Short'Long Term DI, Flexible Work from home, continuing education related to the industry.
• Support in additional certifications/licensing
• Base salary range: $60K-$85K