Financial Operations Associate

Acorns

1d • Remote

About The Position

Acorns is seeking a Financial Operations Associate to play a key role in the daily management and execution of our investment product operations, ensuring accuracy and efficiency in cash and security transfers, while maintaining meticulous documentation and compliance. Acorns is a remote-first organization, offering the flexibility to work remotely while providing optional access to office space in Irvine, CA.

Requirements

• 0 to 1 year+ of professional experience in a financial services, FinTech, or highly regulated operations role.
• Educational background in Finance, Accounting, Business, or a related field.
• Strong analytical skills and a meticulous attention to detail to ensure accuracy in all operational processes.
• Ability to quickly learn and understand Broker-Dealer compliance requirements, such as WORM (Write Once, Read Many), and financial record-keeping.
• A proactive approach to identifying potential issues and proposing solutions.
• Excellent collaboration and communication skills to work effectively with cross-functional teams and external vendors.
• Hunger to deliver game-changing products.
• Exceptional drive and precision in delivery.
• A belief that your work is tied to your life's mission.
• Optimistic about the potential of societal change.

Responsibilities

• Assist in the processing of the firm’s daily cash and security transfers related to the firm’s investment products.
• Monitor customer cash balances on a daily and periodic basis to identify unusual fluctuations, deficits, or excess balances.
• Gather essential data points from vendors to support daily operational tasks.
• Collaborate with Operations, Finance, Compliance, and Risk teams to ensure accurate reporting and classification of customer funds.
• Improve and maintain documentation of internal control processes, ensuring clarity and compliance.
• Collaborate closely with the Investment Operations team to identify, research, and resolve discrepancies and improve existing processes.
• Contribute to special projects focused on continuous process improvements and operational efficiency.
• Ensure WORM-compliance related to FinOp books and records.
• Work with manager and team to establish priorities, including new features, infrastructure, and tool building.

Benefits

• Competitive salary and stock options
• A comprehensive benefits package for you and your family
• Flexible work location, hours, and paid time off
• 401(k) matching
• Monthly Acorns account contribution & GoHenry account for your family
• Mindfulness and Financial Wellness resources, Headspace and Addition Wealth
• Acorns Career Development Program (Ongoing training sessions, development plans, development check-ins, Cornerstone’s online training platform)
• Roots Leadership Program for Emerging Leaders
• Community week onsite gatherings and various virtual events

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 101-250 employees