Job Information
Coldstream Wealth Management Operations Associate in Seattle, Washington
Job Descriptions:
Are you passionate about adding value by improving performance reporting and analysis? If so, our position may be the next great step in your career in financial services.
Coldstream Wealth Management is an independent wealth management firm providing customized portfolio management, sophisticated financial planning, and personalized client services to high-net-worth individuals and families. Coldstream was founded in 1996 and has offices in Seattle, Bellevue, Mercer Island, Kirkland, Portland, Boise, and Kenai, AK; learn more at www.coldstream.com.
We provide an upbeat, friendly environment where you will be rewarded for taking initiative, collaborating, suggesting process improvements, and having fun while doing it. This is a hybrid role in either Seattle (South Lake Union) or Portland and working in office 2-3 days per week.
The Operations Associate reports to our Operations Manager and works very closely with 4 other Operations Associates.
Our operations team supports our 9 wealth management teams by managing our investment reporting and portfolio rebalancing systems, delivering quarterly investment performance reports and management fee invoices, answering questions on investment performance, running ad hoc reports for client teams, and working with other corporate teams to support their functions.
You will contribute by:
Fielding questions regarding performance reporting, billing, client portal and CRM systems, providing ad hoc reporting and data, and troubleshooting and resolving issues
Developing and training on internal best practices, serving as a subject matter expert for Tamarac Reporting
Configuring new clients and accounts in Tamarac
Overseeing daily reconciliation of data feeds from custodians
Performing and developing audits to ensure accuracy of client and investment data
Assisting in the production of Quarterly Reports and Invoices
Recording valuations, distributions, and capital calls in Tamarac reporting system and auditing for performance abnormalities
Retrieving and distributing alternative tax documents to client portals
Resolving data issues to ensure clients receive settlement claims
Required Experience:
What you bring:
2+ years of experience in the wealth management industry - preferably in portfolio accounting/performance analysis, but investment research/analysis experience will be considered as well
Proficiency with Tamarac Advisor View and Rebalancer, Salesforce CRM, and/or similar systems is preferred
Proficiency with Python and/or similar languages is a plus
A Bachelor’s degree
Proficiency with Microsoft Office programs, including experience using Excel to manipulate and process data (pivot tables, x-lookups, etc.)
Outstanding research, collaboration, communication, and problem-solving skills
Excellent organizational skills, detail orientation, and ability to prioritize effectively
Series 65 license and/or CIPM (Certificate in Investment Performance Measurement) is a plus
Keyword: Operations Associate
From: Coldstream Wealth Management