Description
You will be called on to work closely and act as a relationship manager to some of the wealthiest people in the country. As part of your role, you will also work closely with team members, office management and firm personnel to perform administrative and operational duties, which include, but are not limited to, the following:
1) Process wires, EFTs, checks, journals, ACAT assets transfers, DRS requests – internal and external.
2) Process Private Equity investment orders and redemptions.
3) Implement advisory solutions such as PMP, Strategic Advisor, CAP, Access, MacWrap, etc., and confirm pricing/fees are correct and accounts approved for trading.
4) Assist clients with account opening, checks and Visa credit/debit card orders, on-line services, securities backed credit lines, mortgage processing, Visa automatic monthly payment set-up, automatic monthly wires, internal transfers and all aspects of account opening and maintenance.
5) Remain compliant in all aspects of client reporting including annual RMDs for retirement accounts, quarterly distributions as necessary and client documentation approvals for accounts
6) Implement portfolio changes and ensure final implementation is complete and correct
7) Update cost basis as needed and generate systematic reports as requested
8) Address inquiries for clients relating to all aspects of their accounts and maintain client records to ensure they are up-to-date
9) Work with third party professionals (CPAs, bookkeepers, business managers, etc.) to research and address inquiries relating to clients statements and annual tax reports.
10) Engage with team members to complete team operational and administrative projects in a timely manner
11) Will work closely with team analysts to raise funds for client needs (check writing, wires, internal transfers, etc.)
12) Complete timely compliance related reporting such as PKRs, ART Review Tool, Key Contact Notes and Alternate Address Annual Review.
13) Add updates to Annual Account Billing report for all clients covered.
14) Set-up Donor Advised Funds and process gifting throughout the year.
15) Will work on a large team of professionals (including 5 financial advisors).
Detailed salary information:
• Century City: the salary range for this role is $58000 to $72000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.