Investment Operations Associate - Tectonic Advisors

Cain Watters & Associates, LLC•Frisco, TX

18d•$80,000 - $110,000

About The Position

Reporting to the Investment Operations Manager and Managing Director, the Investment Operations Associate is responsible for supporting the multiple processes of operating and managing investment portfolios.

Requirements

Bachelor’s degree in finance or related field required.
4+ years investment experience required, with familiarity of investment concepts, portfolio strategies, asset classes and financial market securities required.
Must have prior experience working on the operations team of a Registered Investment Advisor.
Knowledge and experience in the securities industry to support the firm’s investment management team and platform.
Meticulous attention to detail and excellent organizational skills.
Reliable and accountable; follows through on commitments start-to-finish.
Possesses critical thinking, analytical and problem-solving skills.
Has strong time-management skills; able to prioritize tasks.
Proficient in Microsoft Excel with strong working knowledge of the full Microsoft Office Suite.

Nice To Haves

Knowledge of Orion, iRebal or Schwab Advisor Services platform is preferred.

Responsibilities

Support quarterly billing and revenue processes by performing data audits, control checks, and accurate invoice preparation.
Maintain data and system integrity through ongoing quality control reviews and updates across Orion, Zoho, and related platforms.
Assist with compliance and performance processes, including GIPS verification and coordination with custodians and consultants.
Contribute to daily trading and portfolio operations by executing model trades, rebalances, cash requests, and resolving trade discrepancies.
Provide reporting and proposal support for financial planners through timely month end/quarter end reporting and tailored client proposal preparation.
Assist in the client quarterly billing process, including data quality and fee calculation audits, control checks, tiered billing processes, identification and resolution of accounts with restrictions, quarterly invoice generation, and revenue reports for management.
As part of our Quality Control process, you will routinely investigate accounts, holdings, model assignments, fee schedules, cash flows, and other transactions to ensure proper alignment.
Provide support for GIPS (Global Investment Performance Standards) verification process, including model assignments and changes, closing of accounts and working with various custodians and compliance consultants to ensure all data accuracy and completeness.
System and Database data entry and maintenance to ensure database integrity (Orion and Zoho database and workflow systems).
Manage operational and portfolio management reporting, including but not limited to, asset flow, custodian alerts, portfolio high cash, etc.
Interface with the Operations team on day-to-day tasks relating to new account on-boarding, account changes and other workflow procedures.
Assist in trading our managed models in client accounts, as well as executing daily rebalance and cash raise requests.
Assist with monthly and quarter-end reporting to support the financial planners we serve.
Prepare and develop client proposals based on the specific needs and requests of our financial planners.
Assist in resolving trade discrepancies between sub-advisors, brokers, and custodians, ensuring timely and effective resolutions.
Assist the trader in resolving trade corrections, including completing and submitting forms to the custodian.

Benefits

Heavily subsidized medical insurance options
Generous employer HSA contributions
100% employer-paid Short-Term Disability, Long-Term Disability, Accident, Basic Life Insurance, and Telehealth/Virtual Urgent Care/Whole Mental Health
Dental and Vision plans
Unlimited PTO
Organization-paid holidays, including an extended Winter Break
Safe Harbor 401k Plan
Employer-paid professional dues, licenses, and renewals
Continuing Education resources
Family Planning Assistance Program and Paid Parental Leave
Subsidized fitness programs