Investment Operations Coordinator

Company:  KRM Generational Wealth Advisors
Location: Edina
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Investment Operations Coordinator 


Overall Function

The Investment Operations Coordinator role specializes in client service and processing of variable products and other securities. This role I essential to helping maintain a compliant investment process for the firm and ensuring accurate and timely completion of investment related tasks. Responsibilities of the role include but are not limited to:


Responsibilities

• Obtain all necessary information along with specific instructions from the financial advisor for PX input (all modules including asset allocation)

• Handle case notes, processing correspondence, maintaining client case files, and filing new statements, account forms and other insurance and investment related materials

• Maintaining compliance for assigned client cases

• Gathering information for financial advisor’s meeting with client/prospect

• Managing DocuSign and client signature processes by appropriate deadline

• Preparing and processing all paperwork needed for investment/advisory accounts as assigned

• Discussing potential rollover opportunities from other retirement plans for variable and mutual funds

• Receiving and forwarding checks and related paperwork to investment operations area 

• Processing and monitoring funding of advisory account and asset transfers to ensure selected asset allocation is implemented

• Execute trades of brokerage and advisory accounts

• Accepting redemptions/withdrawals from clients and communicating instructions to home office

• Maintaining daily tickler system for account follow-ups and service requirements

• Performing cashiering functions

• Running performance reports in Envestnet, Morningstar and NMCIR


Requirements

• 2-3 years of investments industry experience preferred, but not required

• Health and Life licensed or gain licensing within 30 days of employment 

• SIE and Series 6 and 63 or ability to obtain within 6 months of employment

• Excellent oral and written communication skills 

• Able to practice active listening and communicate in a professional manner 

• Strong attention to detail with the ability to work with a high degree of accuracy

• Ability to proactively manage multiple diverse projects and assignments in a timely and quality manner

• Ability to embrace change and work in a fast-paced environment 

• Able to collaborate and work between areas of expertise on the team

• Ability to maintain confidentiality

• Strong desire to learn and grow within the role and team


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