OakTree Staffing · 1 day ago
Wealth Management Operations Specialist
Tulsa, OK, US
Full-time
Onsite
Entry, Mid Level
1+ years expOakTree Staffing is seeking a Wealth Management Operations Specialist. This role is primarily responsible for transactional processing supporting Wealth Management accounts, ensuring accuracy and compliance in securities transactions and reconciliations.
Human ResourcesInformation TechnologyRecruitingStaffing Agency
Responsibilities
Ensures all security transactions and daily processes are completed timely, accurately and within the policy guidelines
Balances and reconciles daily activity between depositories and the trust and/or bond accounting system resolving discrepancies to prevent financial losses and negative impact
Ensures accurate and timely movement of funds between domestic and international depositories and institutions
Develops, implements, and utilizes process improvement while maintaining strong controls to mitigate risk to the bank and clients
Applies knowledge of securities processing and Wealth Management, utilizes interpretive skills, process management tools, and systems to continually define, visualize, measure, analyze, improve, report, and control processes with the goal to meet internal and external customer and regulatory requirements. This includes writing and refining procedures that can be easily followed by other members of the team for transactional processing and reporting
Resolves complex issues timely to minimize losses to the bank and/or client; provides support to auditors, compliance, account officers, investment managers, WMS management, and support personnel; provides resolution of complex discrepancies involving reconciliation between various Wealth Management accounting systems and third-party vendors
Recommends procedures, alternatives, and options for securities processing; participates in conference calls for trust and/or bond account conversions, and user group meetings and provides input regarding project requirements and process improvements
Tests and documents the reports necessary to support day-to-day operations and longer-term strategic decisions
Provides input related to requirements development and programming through ongoing maintenance and modification
Works proactively among the groups to identify solutions or resources to complete any project and/or exception processing
May perform other duties as assigned
Qualification
Required
Bachelor's Degree in Accounting or Finance
1-4 years of directly related experience in a high volume securities operations environment
Advanced PC and operating software application skills
Excellent research, analytical, and organizational skills
Ability to plan and coordinate the movement of potentially large volumes of transactions
Previous experience independently solving complex problems
Identifying appropriate resources while meeting extremely stringent deadlines
Excellent communication and interpersonal skills
Leadership ability
Social and professional etiquette, including oral and written communication skills
Ability to communicate information clearly and concisely
Ability to gain consensus among parties with conflicting interests
Working knowledge of a broad variety of securities and Wealth Management accounting systems
Working knowledge of accounting principles and practices with an emphasis on reconciliation and detail-oriented tasks in a potential high-volume environment
Ability to improve efficiency, track complex activities and improve methodology
Preferred
1-4 years of directly related experience in a high volume securities operations environment is preferred
A general understanding of trust and/or bond accounting knowledge is preferable
Company
OakTree Staffing
OakTree Staffing is a staffing agency that offers recruiting and human resource services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Phillip Wilson
Chief Operating Officer & General Counsel
Cassie Ogorzalek
Chief Human Resources Officer
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