Operations Specialist

Wealth Enhancement Group•Plymouth, MN

17h•$65,000 - $75,000•Hybrid

About The Position

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 80,000 households from our over 140 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com. Our corporate team in Plymouth, MN is hiring an Operations Specialist | Custodial Operations & Strategic Projects. This position will play a key role in the firm’s growth and is instrumental in supporting our M&A integration efforts. The Operations Specialist | Custodial Operations & Strategic Projects role will be to support the end-to-end acquisition data integration for the Operations Department. Additionally, the associate will service as liaison for custodial access and advisor team set up at our custodians. This position requires being able to occasionally work from our office in Plymouth, MN during key projects and initiatives. This will be sporadic and intermittent. You are welcome to work remotely during times of business as usual.

Requirements

1-3 years of professional office or administrative experience, preferably within financial services
Organizational skills and attention to detail with the ability to prioritize workflow and projects
Strong analytical and general computer skills with problem-solving abilities
Proficiency with Microsoft Office Suite and related software
Strong Excel skills required

Nice To Haves

Familiarity with Salesforce preferred

Responsibilities

Establish data connectivity with custodian/data aggregators
Review and reconcile account data received due to account assignment process
Communicate transition timelines and provide reports to internal departments
Data entry account attributes in portfolio accounting system for newly acquired office, ensuring data conforms, to WEG (Wealth Enhancement Group) standards
Resolve outstanding issues related to missing data/account
Process requests for system access for internal users and portfolio accounting portal
Process requests for new master, G#, rep codes
Maintain and update central list of firm rep codes/masters etc. with our custodians
Provide internal “customer” support, quickly responding to a high volume of time sensitive questions and requests from multiple internal teams
Support regulatory audits and ADV reporting requirements
Generates / request reports from custodians to assist with ADV reporting requirements
Conducts periodic quality reviews to ensure data in portfolio accounting system is presented accurately for ADV reporting and GIPS reporting
Works with manager to resolve data integrity issues
Other projects as assigned by Operations.

Benefits

Training and professional development
Medical, dental and vision coverage (Available to full-time employees and their families)
Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
Life and AD&D insurance – employer paid and voluntary options
Short-term and long-term disability, workers compensation – employer paid
401k with match and profit sharing
Wellness programs and resources
Voluntary benefits, including pet insurance
18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
12 paid holidays each year (10 pre-determined and 2 floating days)
Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)