What are the responsibilities and job description for the Data Services Specialist position at focuspartnerswealth?
Position Summary
Focus Partners Wealth is seeking a Data Services Specialist. This role plays a pivotal role in ensuring the integrity and accuracy of client information within our core operating systems, catering to both BSW and BSP end clients. Responsibilities encompass processing requests via Salesforce workflows, utilizing administrative tools within core systems, conducting data analysis, and delivering clear explanations to advisors and end-users. As a key custodian of client data, this role not only fulfills essential day-to-day functions but also evolves to demonstrate expertise in specific areas over time. The precision and reliability of client data management are paramount to our company’s core values, reflecting our unwavering commitment to data integrity.
Focus provides team members the flexibility to work a hybrid schedule. Our hybrid model is defined as 3 days in office work required per week, while giving team members the option to work remotely 2 day per week, or as assigned by their team leader.
Primary Responsibilities
- Support all team members in essential duties and responsibilities related to Data Services.
- Proficiently analyze and troubleshoot complex issues related to positions and portfolios, effectively communicating solutions to advisory teams.
- Analyze processes and procedures to identify improvements or efficiencies.
- Coordinate with relevant teams to establish and maintain effective communication channels and workflows. to establish new download interfaces.
- Research, analyze, and reconcile data while assisting with inbox tasks and Quarterly Reports.
- Continuously learn about the business through job shadowing and educational opportunities, upholding the firm’s core values.
- Classify securities using the standard and guidelines established by our investment team.
- Provide expertise in data processing and supporting knowledge transfer to other teams.
- Consistently achieve Associate Goals and actively contribute to executing Team Plans within the department.
- Demonstrate a comprehensive understanding of all business practices within the department and the organization.
- Oversee the Heldaway assets, addressing aggregation issues and performing manual reconciliation as needed.
- Perform advanced cost basis functions, including updating missing data, troubleshooting discrepancies, and accounting disposal methods.
- Perform regular audits to maintain data integrity in Orion, continually seeking to enhance existing processes and develop new audit processes.
- Manage workflows through various platforms and systems, ensuring efficient operation across all channels.
Qualifications
- Bachelor’s degree or relevant experience in data management, preferably within the financial services industry.
- Proficiency with Windows Operating systems and Microsoft Office suite.
- Familiarity with key tools such as Orion, Custodian platforms, Salesforce, and other Portfolio Management tools.
- Strong organizational skills, thriving in fast-paced environments.
- Positive attitude towards continuous learning and professional development.
- Demonstrated expertise and success in Client Data Services Specialist II role or equivalent.
- Excellent verbal and written communication skills.
- Effective people skills, capable of engaging with individuals of diverse backgrounds and expertise levels.
- Proven history of punctuality and meeting deadlines.
The annualized base pay range for this role is expected to be $50,000 - $60,000 per year. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other rewards may include an annual cash bonus and a comprehensive benefits package.
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Focus is a leading partnership of fiduciary wealth management and related financial services firms. Focus provides access to best practices, greater resources, and continuity planning for its affiliated advisory firms, which serve individuals, families, employers, and institutions with comprehensive financial services. Focus firms and their clients benefit from the solutions, synergies, scale, economics, and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.
Focus Partners Wealth is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, we work with clients at every stage, helping them control their financial future — whether that’s planning for retirement, preparing the next generation, or growing their business. We are dedicated to fostering meaningful growth for our clients. Our team of advisors works collectively to deliver personalized wealth planning strategies across local communities, placing our clients’ values, goals, motivations, and priorities at the heart of everything we do.
Focus Partners Wealth is a registered investment advisor with the Securities and Exchange Commission. Registration does not imply any level of skill or training. Additional information about Focus Partners Wealth is also available on the SEC's website at www.advisorinfo.sec.gov.
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For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.
Salary : $50,000 - $60,000