Job Description:
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We have an immediate need for a New Accounts Manager in our Los Angeles office. The position is responsible for the management and supervision of the New Accounts team.
Responsibilities include, but are not limited to:
- Manage and supervise New Accounts team
- Oversee and audit all account openings to ensure regulatory compliance
- Review accounts on RemitPro to confirm, audit, and verify client information
- Work with business stakeholders on the overall coordination and execution of KYC documentation collection, analysis, and reviews to ensure the firm’s ongoing compliance with AML policy
- Draft, train, and implement department procedures
- Act as primary contact for sales offices for New Accounts
- Respond and address regulatory compliance and internal audit requests
- Address and resolve escalated client calls
- Troubleshoot and resolve issues in a timely manner
- Perform other duties and tasks as required and assigned
Required Experience:
- Bachelor’s Degree from an accredited university
- 5+ years of related work experience
- Experience and understanding of BETA, Sungard, RemitPro, AdminX, and Broker Insight
- Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
- Series 99 and SIE licenses required
- Series 24 license preferred but not required
- AML / KYC experience leading a team and developing an individual’s KYC expertise
- Ability to analyze client information and documentation to facilitate account opening
- Understanding of rules, regulations and regulatory requirements including Bank Secrecy Act, US Patriot Act, OFAC
- Highly organized with the ability to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
- Strong project management skills
- Strong verbal and written communication skills
- Strong analytical, problem-solving, and critical-thinking skills
- Excellent customer service skills
From: Wedbush Securities