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Associate, Custody Operations

Vestwell
Location
King of Prussia, PA
Posted
16 days ago
Department
Custody & Money Services
Salary
$65K - $75K
What they actually want (must-haves)
  • Undergraduate or graduate degree in Finance or Accounting with a strong academic performance record
  • Strong aptitude for numbers and understanding of cash and traditional securities reconciliations
  • Proactive and analytical problem-solving skills
  • High degree of organization and dependability
  • Ability to prioritize tasks and manage client expectations
  • High-level proficiency in Excel
Nice to have
  • Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira
  • Understanding of how mutual funds, stable value funds, and ETFs trade and settle
  • Familiarity with custodial platforms, such as Matrix or Schwab
  • General knowledge of ERISA rules and requirements
  • Experience with compliance/record-keeping systems (e.g. SunGard Relius, ASC, FIS)
What the job really is

As a Custody Ops Associate at Vestwell, you will be responsible for the daily processing and monitoring of plans on the company's platform. Your duties will include reviewing incoming cash and checks, processing corrections, settling trades with sub-custodians, resolving operational issues, and ensuring collaboration across internal teams. You will also support the creation of operating procedures and oversee record-keeping and plan administration.

Benefits
  • Comprehensive health benefits
  • Generous time off
  • Employee Wellbeing Committee
  • Hybrid work model
  • Access to collaborative offices in multiple locations
  • Competitive 401(k) plan
Things to weigh
  • Role requires a hybrid work schedule with in-office reporting
  • Salary range may differ based on location
  • High volume of complex operational issues may lead to a demanding work environment
Job score4.2/5
Benefits4/5
Freshness4/5
Career value4/5
Role clarity4/5
Pay transparency5/5

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