Associate II, Wealth and Investments

First National Bank of Omaha•Omaha, NE

1d•Hybrid

About The Position

The Analyst II, Investment Operations, reports to the Manager of Operations for First National Advisers, LLC and works closely with the Investment team. This role executes investment operational tasks required for product implementation, monitoring, and reporting. The Analyst II supports maintaining investment products at a high level of operational excellence by following established processes, identifying potential efficiencies, and applying investment operational procedures with moderate guidance from the manager.

Requirements

Bachelor’s Degree in Business Administration or related field, or equivalent experience
Proficiency with Microsoft Office suite of products with an emphasis on Excel
Exceptional attention to detail
Strong time management skills
Ability to work well in a team environment
Unrestricted work authorization and not require future sponsorship.

Nice To Haves

1+ years Wealth Management and/or Operations experience
Experience with Ramond James Advisor Access or UWP
Experience with Advent APX or Moxy or similar
Knowledge of Regulatory or Compliance issues pertaining to brokerage or investment management

Responsibilities

Serve as primary trader and contact for the OSM brokerage platform across approximately 1,200 advisory accounts representing approximately $550MM in AUM including buys, sells, and rebalancing.
Maintain documentation and reporting to support RIA compliance requirements
Complete annual investment reviews in accordance with established procedures
Partner with the Broker Dealer to troubleshoot issues and support efficient, up-to-date processes
Support advisors with account questions regarding model selection, cash transactions, and related topics
Provide support and backup coverage for Investment Management platforms
Update mutual fund models in trading platform
Monitor and document proxy voting
Monitor operational results and report gaps to manager for resolution
Attend investment committees, provide operational input as requested, and develop reporting and analysis to support investment committee decision making
Participate in the review and redesign of trading and operational workflows to improve efficiency and reduce risk
Identify opportunities to improve trading and operational workflows; discuss recommendations with manager
Follow established procedures and escalate exceptions appropriately
Seek out opportunities to expand knowledge and capabilities beyond current responsibilities, contributing to overall team performance
Contribute subject matter knowledge for investment operations within cross-functional settings
Review process and product feedback after enhancements to identify breakdowns or improvement opportunities; advocate for changes with relevant project teams
Participate in cross-departmental meetings and contribute operational insight to strategic discussions
Ensure cross-functional partners are aware of operational dependencies and timelines; follow through on commitments and communicate early when circumstances change
Develop and deliver reporting and analysis to support investment committee decision-making
Contribute to ad hoc analysis requested by senior leadership including the COO, CIO, Risk, and Wealth Management leadership
Use data and analytical tools to identify trends, surface operational insights, and support sound decision-making
Openly manage stakeholder expectations when completion of deliverables is delayed; communicate early with proposed solutions to minimize impact