Brokerage Operations Specialist

A Day in the Life of a Mutual Fund Trader (Brokerage Operations Specialist)

A Brokerage Operations Specialist places mutual fund trades for the firm's registered representatives 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.

Key Tools & Technologies

• 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.
• Adheres to all SEC, FINRA, WSBS and sponsor rules, regulations, policies and procedures when placing trades.
• Documents activity, including trade tickets and order blotters.
• Maintains and monitors brokerage exception reports. Researches exceptions and takes appropriate action when necessary, which may include contacting registered reps.
• Responds to field inquiries on the brokerage platform and other products or services available through WSBS.

Premier Benefits to Support YOU

• Medical, dental, vision, and life insurance.
• 401(k) savings plan with pension options.
• Paid time off increasing with tenure.
• Tuition reimbursement and individualized career development plans.
• Parental leave and maternity leave with a 4-week transition back to work.
• Access to on-site amenities like a fitness center, cafeteria and more.
• Extensive employee discount program.