Arax Investment Partners – Client Services Associate | https://araxpartners.com/
Comp: $70-110k ($110k for a rockstar)
Schedule: 2 days in mandatory
Location: Preferably in Birmingham, Michigan area – will allow for fully remote for a rockstar
Essential Functions
- Provide service to clients in a professional and timely manner in response to regular and varied account-related inquiries; work in tandem with custodians and investment management partners and their service teams to do so
- Utilize deep level of knowledge to resolve service-related matters for client accounts
- Open, close and maintain investment accounts
- Process and/or monitor account transfers, cash, and asset movements for qualified and non-qualified accounts, facilitate trades, alternative investment purchases, capital calls, transfers, and distributions
- Identify issues requiring instant elevation to the Operations Manager, Investment Advisor, or Chief Compliance Officer
- Maintain the integrity of best practice procedures and compliant paperless record keeping
- Assist with overall team workload, projects, firm initiatives, and various other duties as assigned
- Various administrative responsibilities related to our compliance requirements, reports, calendar and/or software
- Proficiently and efficiently work with multiple technology programs and platform
Competencies
- Basic understanding of MS Office
- Ability to take numerous inputs from client and colleagues and organize them into actionable steps
- Takes initiative to address client needs
- Basic understanding of regulatory environment and fiduciary standards
- Strong analytical skills
- Strong interpersonal and relationship building skills
Required education and experience
- High School Diploma or G.E.D.
- 4-6 years of experience in the financial services industry (i.e. securities, insurance, corporate finance, banking) RIA, Brokerage, Custodian, Wealth Management or Financial Planning firm preferred
Preferred education and experience
- Advance knowledge of MS Office
- Experience and deep understanding working with custodial platforms / systems, specifically Pershing or Fidelity
- Strong interpersonal skills
- Exceptional level of critical reasoning, accuracy, and attention to detail
- Strong organizational and time management skills
- Ability to work independently