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BBR Partners · 2 months ago

Operations Associate- Cash Management and Trading Administration

Chicago, Il or NY, NY

Full-time

Hybrid

Entry Level

$70K/yr - $85K/yr

1+ years exp

BBR Partners is a fast-growing wealth management firm serving high-net-worth individuals and families. The Operations Associate will coordinate cash movements, ensure accurate trade execution, and manage relationships with third-party managers, all while supporting account lifecycle and compliance needs.

BankingFinancial Services

Responsibilities

Coordinate with client custodians to execute external wires, ACH transfers, and inter-account cash movements

Ensure all cash transactions are completed accurately and on schedule

Ensure timely and accurate execution of client trades including:

Alternative assets (e.g., hedge funds, private equity funds)

Standard liquid assets (e.g., mutual funds, equities)

Use rebalancing software to generate and process mutual fund trades as required

Manage trade-related communications and maintain relationships with:

Third-party equity and fixed income managers

Alternative fund managers and fund administrators

Handle ongoing account events, including:

KYC/AML requests and documentation

Ad hoc fund account-related requests

Qualification

Banking operationsPortfolio management softwareExcel proficiencyAttention to detailCommunication skillsProblem-solving skillsInterpersonal skillsSelf-motivationOrganizational skills

Required

1–3 years of post-undergraduate work experience in finance, accounting, or operations

Strong communication and interpersonal skills (written and verbal)

High level of attention to detail & organizational skills

Diligence and intrinsic self-motivation

Demonstrated history of initiative and ability to learn quickly

Excellent quantitative, mathematical, problem-solving skills

Proficiency with Excel, familiarity with all other Microsoft Office products

Preferred

Bachelor's degree

Experience with banking and custodial operations

Exposure to and familiarity with: Traditional assets such as Equities, Fixed Income, Mutual Funds, etc

Exposure to and familiarity with: Alternative assets such as Hedge Funds and Private Equity Funds

Working knowledge of SS&C/Advent APX, or similar portfolio management/accounting software

Benefits

Company subsidized medical/Rx, dental and vision insurance for employee, partner, and dependents.

401K plan, Life insurance, and short & long-term disability coverage.

One Medical membership (covered for employee and dependents), Wellhub membership, Employee assistance program (EAP), Gym reimbursement and other wellness offerings.

Pre-tax transit and parking programs, Health Savings Account (HSA) and flexible spending programs for medical and dependent care.

Personalized development and career growth opportunities.

Volunteer opportunities and matching gift program.

Flexible time off, paid parental leave, and Sabbatical with company tenure.

Hybrid remote work environment, “Work from Anywhere” weeks, and casual dress.