PMA Services Associate
About The Position
Every day, we seek to improve financial security for people. By joining our Internal Sales & Services team, you will become part of a dedicated and supportive group that believes in the importance of our work for both clients and investors. As a PMA Operational & Service Associate (PMA Services Associate), you will play a crucial role in maintaining the relationship between Russell Investments, various financial sponsors, and our partnering platform provider regarding the Personalized Managed Accounts (PMA) program. This position is based in Milwaukee, Wisconsin, and requires working in-person at our office. This role provides opportunities for career growth with a clear pathway for your professional development at Russell Investments. If you are interested in financial markets and would like to learn more about financial services, we encourage you to apply!
Requirements
- BS / BA degree. Accounting, Business, Finance, preferred.
- 1-2 years of relevant working experience in an investment management, custody or fund administration environment is preferred.
- Previous experience within financial industry or an interest in learning more
- Previous experience in an operational capacity with account openings, transactions, etc.
- Proficiency with Microsoft Office suite
- Proficiency with DocuSign
- High attention to detail
- Solves and analyzes problems effectively, with a process for decision making.
- Evaluates problems via systems thinking, sees downstream affects, identifies future implications across a process to help prioritize solutions.
- Ability to communicate clearly and build trusted relationships with others.
- Ensures the (external or internal) client's perspective is a driving force behind their decisions and actions.
- Demonstrated ability to be a collaborative team player with the ability to interact well with all levels of internal and external personnel and adapt to rapidly changing requirements.
Nice To Haves
- Separately Managed Account knowledge is a plus
- Licenses not required, but open to sponsoring Series 7 and 66 if performance standards are met.
Responsibilities
- Communication between Russell Investments, our platform provider, and various sponsors
- Troubleshooting issues between our platform provider, Russell Investments, and sponsors
- Perform corporate action elections as directed
- Support Russell Investments' sales team and/or advisors regarding client onboarding functions, including but not limited to:
- Reviewing client documentation to ensure completeness
- Troubleshooting when there are discrepancies in the documentation and/or data
- Regularly monitoring PMA Services inbox
- Creating and updating onboarding and maintenance forms
- Proactive communication (phone and email) to financial advisors to assist with onboarding and maintenance of client accounts
- Responsible for tracking opened and pending accounts
- Maintaining and storing documents related to onboarded client accounts
- Liaison between portfolio trading team and our sales team and/or clients
- Other duties as required
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
