Brokerage Operations Specialist

Job description

Overview Places mutual fund trades for the firm's registered reps via the brokerage platform. Rebalances and places model trades for client accounts held by the firm's Registered Investment Advisor. Monitors all daily trade activity firmwide, ensuring trades are entered and processed in accordance with published firm rules and industry regulations. Processes and documents trade error and trade correction requests. Serves as a point of contact and subject matter expert for the brokerage platform performing account paperwork review and opening, maintenance, cashiering requests, transfers and additional follow up as needed. Works with some supervision and is responsible to make an established range of decisions, escalating to the manager when appropriate. Responsibilities: What you will do: - Executes mutual fund orders through the brokerage system. - Model trading for the Registered Investment Advisor, including rebalancing, initial trades and liquidations. - Adheres to all SEC, FINRA, WSBS and sponsor rules, regulations, policies and procedures when placing trades. - Evaluates error correction requests to determine the appropriate corrective action to implement and document action t...