Wealth Management Operations Analyst

Title: Wealth Management Operations Analyst

Office Status: Hybrid

Pay Rate: Up to $55/hr

Contract Length: Not specified

Overview

A financial services organization is seeking a Wealth Management Operations Analyst to support client account administration, securities and cash transfers, and the processing of a range of financial products. This role works closely with internal business teams, trading desks, wealth management professionals, and external partners to ensure accurate transaction processing, regulatory reporting, and high-quality client service. The ideal candidate has hands-on financial services operations experience and a strong understanding of KYC/AML requirements and capital markets products.

Key Responsibilities

• Support the opening and maintenance of client accounts, including gathering documentation, verifying information, and ensuring account requirements are complete.
• Coordinate securities and cash transfers, working with internal teams and external partners to obtain required documentation and resolve issues.
• Provide operational support for the structuring, booking, allocation, confirmation, settlement, and reconciliation of securities, foreign exchange (FX), derivatives, and alternative investments.
• Process and monitor daily transactions, including wire transfers, deposits, securities and cash movements, unmatched and failed trades, and related control reporting.
• Complete regulatory reporting activities, including FINRA TRACE and applicable FX and swap reporting.
• Monitor trade feeds and transaction activity across internal and external systems, identifying and resolving processing exceptions.
• Respond to inquiries and troubleshoot settlement exceptions, transaction issues, and client account matters.
• Partner with business, product, technology, and support teams to maintain effective communication and service delivery.
• Support internal and external audits, risk assessments, and reviews while ensuring adherence to procedures and controls.
• Monitor regulatory developments and help identify operational, market, legal, and compliance risks.
• Meet established service-level agreements (SLAs) and key performance indicators (KPIs).
• Participate in process improvement and technology initiatives, including requirements gathering, user acceptance testing, and regression testing.