Title: Asset & Wealth Management - PWM Operations - Transfer Settlement - Analyst Location: Salt Lake City, Utah Duration: 6 Months
Duties: The primary responsibility of the ACAT team is to provide effective transaction processing and exceptional client service that both guards the firm’s capital and reputation and creates measurable value for the firm and its clients. The new ACAT Analyst will be required to handle multiple functions including reconciliation of automated account transfer receives, delivers, residuals, mutual funds, foreign and domestic settlements. The Analyst will be expected to manage relationships with PWM Sales teams, counterparties and vendors. They will need to meet required Client deadlines and comply with industry rules. The Analyst will be expected to escalate any issues and minimize firm exposure to financial, reputational, and regulatory risk.
The Analyst’s day-to-day responsibilities include facilitating transfer requests which moves assets into and out of the firm. They will perform account verification and asset review to ensure transfers are compliant with firm and industry policies. They will also be assigned projects that require data analysis to depict trends and streamline processes.
Job Duties:
Analyst will initiate transfer requests from client signed ACAT instruction to bring assets into the firm. This will require attention to detail with the understanding of industry and system requirements. (30% time spent daily)
Perform reconciliation of incoming wires by reviewing the external instructions and notifying PWM Sales team to input matching instructions. (40% time spent daily)
Facilitate account transfer delivery through a completing series of steps to notify internal teams, receive proper approvals, and account termination. (20% time spent daily)
Project work that requires data analysis to identify opportunities to streamline workflows and reduce manual touchpoints (10% time spent daily)
Skills: Position Description:
Position-level reconciliation of all account requested form counter parties/clients
Oversight of residual positions following ACAT transfers
Pre-population of ACAT transfer forms
Foreign and domestic settlements
Find innovative ways to create efficiencies and increase controls
Provide superior client service while mitigating risk
Qualifications:
1-2 years operations experience (familiarity with ACATS & settlement operations preferred, not required)
Strong PC, MS Office and Web skills
Bachelor’s degree preferred
Characteristics:
Strong analytical skills
Attention to detail
Strong communications and interpersonal skills
Strong team player skills
Ability to work on multiple tasks, prioritize and thrive in a fast-paced deadline driven environment
Self starter with strong sense of urgency and ability to make critical decisions under pressure
Ability to solve problems in a timely and appropriate manner
Education:
Bachelors
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.
California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com.
LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $23.00/daily.
