Mutual Funds Operational Analyst
Altruist
About Altruist
Altruist is a fast growing fintech company that's transforming the financial advice industry. Our mission is to make financial advice better, more affordable, and accessible to everyone. We’re a modern custodian built exclusively for registered investment advisors (RIAs). As we disrupt legacy custodians and revolutionize the $100T RIA market, we're seeking exceptional individuals to join our team. If you embody our core values of kindness, brilliance, and grit, and are passionate about making a meaningful impact, we want to hear from you!
About the position
As Altruist enters an expansion phase for our revolutionary product offering, we’re seeking an experienced Mutual Fund Analyst to help position us for future growth and success. (Please note: This role will be remote for the time being, but will eventually transition to a hybrid in-office model.)
As a Mutual Fund Analyst will be responsible for the analysis, processing, and reconciliation of a variety of mutual fund transactions including purchases, redemptions, exchanges, account and position maintenance and selling agreements.
What you’ll do
- Provide clearing back office support to investment advisors and their clients
- Analyzes and enters trade cancellations and account corrections
- Review, correct and reconcile dividend and capital gain corrections
- Maintain a good working relationship with our external Mutual Fund Companies and Transfer Agents
- Support escalations to resolution and provide feedback to management and product partners for continuous improvement
What you’ll bring
- Minimum of 2+ years experience with the back-office operations of a brokerage or financial services firm
- FINRA Series 99, preferably Series 7
- Exceptional communication skills with the ability to easily convey complex matters in an easy to understand manner
- Ability to collect, interpret, and apply diverse client/fund information
- Ability to perform multiple tasks in a dynamic working environment with minimal supervision
- Knowledge of Salesforce or similar workflow management software
- Excellent customer service skills
- Experience with vendor relations or sub accounting relative to Mutual Funds
- Ability to maintain a positive attitude during times of heavy volume and/or change
- Strong analytical, research, data entry and prioritization skills
- Strong interpersonal and teamwork skills
- Ability to understand and mitigate risk
- Detailed orientated
Benefits
- Competitive salary and stock options
- Premium Healthcare, Dental, and Vision insurance plans
- Generous paid parental leave
- 401(k) savings plan with matching contributions
- Flexible paid time off
Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.