Operations Specialist

Wealthfront is the only robo-advisor to offer both investment management and financial planning exclusively through software. Because of this approach, we've quickly become the automated advisor of choice among young people. Anyone can open a Wealthfront investment account with $500 to access a unique Passive+ investment strategy that includes a combination of a diversified portfolio of ETFs and tax minimization strategies.

Wealthfront is currently hiring a Brokerage Operations Specialist to be responsible for daily brokerage operations functions including new account opening and cashiering. Brokerage Operations is a division of Wealthfront Brokerage and works closely with Client Services and all other divisions of Wealthfront Inc., including the engineering and product teams to provide the best client experience possible.

• Review and process account transfer requests (ACAT and Non-ACAT) within service level
• Complete daily brokerage operations exception reports including unreconciled activity, margin, corporate actions, etc.
• Conduct quality control reviews and regulatory document delivery reconciliation
• Trading related tasks include placing orders, settlements, trade corrections
• Perform cashiering duties including verification of incoming wire’s, checks, ACH’s and process withdrawal requests
• Review and approve new client accounts for management according to policy and procedures
• Provide ongoing account maintenance and review of new and existing account activity for risk mitigation related to AML
• Working cross functionally with engineers

• Minimum of 2 years brokerage industry experience preferably in a back office role
• Securities regulatory knowledge and strong understanding of account transfers, corporate actions/dividends, and trading
• Understanding of AML and risk mitigation rules
• Strong organizational skills
• Customer-centric business philosophy and team oriented
• Ability to communicate cross functionally
• Appreciation and understanding of applying technology and software to business processes
• Strong work ethic and hands-on approach
• Ability to quickly learn proprietary web-based account services applications
• Appreciation for compliance and adherence to government regulations
• Bachelor’s degree in finance, economics, or related field or substantial experience
• FINRA Series 7 required. Series 24 and 99 licenses preferred (or ability to obtain in 90 days)