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Operations Associate (Investment Firm)
Job Description
A leading investment firm in Los Angeles is seeking a data-friendly Operations Associate to join their team! They are looking for someone with exposure to brokerage operations and at least 2 years of experience in a professional setting to manage the interactions of brokers and custodians, ensuring the fast settlement of trades. This is the perfect position if you thrive in a fast-paced environment and you want to grow a career in the financial services industry.
You can look forward to a firm that has been around for over 50 years, offering a stable and reliable career future. The work environment has a social, family-like culture with holiday celebrations and is located on the top floor of a beautiful building making for a polished and professional place of work, where employees are valued with excellent benefits and other great perks!
Pay Range: $60, 000 - $65, 000 DOE
Responsibilities:
- Facilitate timely trade settlements with brokers and custodians
- Conduct reconciliation of cash and position discrepancies for multiple custodians
- Post transactions and allocate trades across client accounts
- Master and leverage APX, Black Diamond, and Excel for operational efficiency
- Address and resolve operational issues swiftly, ensuring compliance with protocols
- Collaborate with teams across the firm to support strategic goals
- Embrace continuous improvement, contributing to the operations team's success
Requirements:
- 2+ years of experience in a professional setting, with exposure to brokerage operations
- Strong computer and Excel skills are required
- Familiarity with APX, Black Diamond preferred;Genesis and Moxy a plus
- Excellent communication and high energy levels essential for a fast-paced environment
- Bachelor's degree preferred but not required
- Experience in a Registered Investment Advisor (RIA) setting highly regarded
- Strong proficiency in Excel and APX
Benefits:
- Health, Dental and Vision Insurance Options 100% for employee
- 401k with match
- Generous PTO, PSL and Vacation
- Discretionary bonus
- Growth opportunities
If you are seeking a long-term opportunity with a company that prioritizes employee well-being and provides a strong foundation for growth, this position may be the right one for you!
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