Broker-Dealer Operations Specialist

Job Summary:

The Broker-Dealer Operations Specialist will support the managed account onboarding and tracking function within the operations team. The operations team provides back-office support to ultra-high net-worth investment advisors that are associated with NewEdge Capital. The position will have a primary focus on administering back-office tracking and notification of third-party managed accounts. The ideal candidate should have prior experience in a financial services position with a quantitative focus. The candidate must possess a strong attention to detail, solid communication, and analytical skills as well as the ability to collaborate with teammates to solve problems effectively.

Location: Hybrid to Pittsburgh, PA

Responsibilities:

Primary responsibilities will include but not be limited to:

• Serve as key operations relationship ‘point-person’ between NewEdge and third-party managers.
• Perform back-office data management functions including coding of new accounts.
• Assist in establishing data feeds and online access for third-party managers.
• Coordinate notification of third-party managers regarding new accounts, deposits, withdrawals, terminations, etc.
• Provide support to advisors and other members of the back-office team related to set-up of client accounts, system access, report generation, training, and data integration with other financial software systems.
• Respond to manager inquiries regarding corporate actions, proxy voting and general inquiries.
• Assist the team in balancing time effectiveness and efficiency to ensure department meets expected service levels.
• Be a collaborative team member to meet the established goals and objectives.
• Demonstrate the ability to identify areas of improvement and recommend solutions.

Qualifications:

The ideal candidate will possess the following:

• One to three years of financial services experience preferred.
• Bachelor’s degree required – major in Accounting, Finance or Business is preferred.
• Basic understanding of investment securities and terminology.
• Excellent analytical skills with a strong attention to detail.
• Excellent written, verbal, active listening and interpersonal skills.
• Fundamental knowledge of Microsoft applications including Word, Excel and Outlook.
• Technology oriented with the ability to quickly learn new software systems.
• Experience using one or more of these systems (Orion, Salesforce, Fidelity Wealthscape) is a plus.

We Are:

EdgeCo Holdings is made up of several affiliated companies including AmericanTCS and NewEdge Capital Group that have been providing a suite of technology and support services to financial intermediaries and their clients, including full-service retirement plan administration, wealth management, brokerage, advisory, and trust and custody solutions for over four decades.

NewEdge Capital Group provides best-in-class technology-enabled solutions and support services to financial advisors and their clients. Comprised of NewEdge Wealth, NewEdge Advisors, and NewEdge Securities, they have over $60 billion in client assets and support over 450 financial advisors servicing several thousand households, family offices and institutions comprising more than 75,000 client accounts.

What We Offer:

Compensation will be comprised of a base salary and an opportunity to qualify for bonus(es) or commissions. EdgeCo Holdings' benefit package includes health, dental, vision, short-term disability, long-term disability, life insurance, PTO and 401(k) match (after applicable waiting periods).

Applications will be accepted on an ongoing basis.