Associate, Investment Operations

About the role

Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Vestwell enables over 350,000 businesses and over 2M active savers, with over $50B in assets saved across all 50 states. Vestwell's platform serves a diverse clientele, including financial advisers, employers, third-party administrators, financial institutions, payroll providers, government agencies, and individual savers.

Who Are We Looking For?

We are seeking an enthusiastic and highly organized professional to join our Investment Operations team as an Operations Associate. This person will be responsible for coordinating the setup of investment products and programs with our partner custodians, advisors, fund/insurance companies, and investment managers. They will be responsible for managing internal and external communications around investments with various stakeholders including clients, vendors, and partners.

What Will You Be Doing?

• Partnering with our plan sales and implementations teams to vet and implement the investment options for plans being brought onto the Vestwell platform; this includes both cost and asset class coverage analysis
• Cooking with our custody partners to ensure a seamless new plan onboarding process
• Liaising with Fund and Insurance companies to ensure appropriate processes are in place for making funds available within plans
• Working with 3rd party investment managers and advisors to define onboarding and ongoing requirements
• Ensuring investment options are in sync with the respective programs
• Ensuring investment performance and fact sheets are updated regularly
• Participate in key quality assurance processes

Requirements

• The Necessities
• - 1+ year of experience in a Financial Services, or related industry
• - The ability to understand the “big picture” and the importance of the team’s role in the overall process
• - Excellent communication skills across internal stakeholders and external partner groups
• - Passion for learning and applying new concepts, and bridging information where continued process-development is key
• - The ability to self-manage around tight deadlines in a fast-paced environment while ensuring the integrity and accuracy of the details
• - Strong technical proficiency using Excel and process management tools
• The Extras
• - Intermediate SQL skills
• - Previous experience within financial services, with a focus on investment operations and fund implementation

Benefits

Our benefits package includes comprehensive health benefits, generous time off, and a dedicated Employee Wellbeing Committee. Our hybrid work model offers flexibility while providing access to our collaborative offices in Midtown Manhattan, Austin, King of Prussia, and Scottsdale. Additionally, we offer a competitive 401(k) plan.

Pay

The expected base salary range for this position is $60K - $75K base. This position is eligible to participate in the Company Bonus Pool and is eligible to receive new hire equity in the Company. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired.

Schedule

This role will be based in our King of Prussia office, and will be part of Vestwell's hybrid in-office operation.