Client Service Associate, Account Processing

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.

Our Correspondent Services Division has an immediate need for a Client Service Associate.  This position will be responsible for opening accounts for correspondent broker dealers, Client Service, and quality control as well as PMA, Prime Broker, and DBA package review.

Responsibilities include but are not limited to:

• Open different kinds of accounts for our Correspondent Broker-Dealers and ensure proper set up for AML processes
• Create PMA and Prime Broker approval packets for circulation to committee
• Provide Client Service to correspondents on account related inquiries
• Quality control on the compliance and completeness of documents received for new accounts
• Process account adjustments for our Broker-dealers at their request 
• Monitor exception reports (P3 Credit Interest, No DAML, CDC)
• Review policies and procedures and make recommendations to management 
• Handle returned mail processes
• Perform other duties as required and assigned

• Associate's Degree from an accredited university; Bachelor's Degree preferred
• Attention to detail to quality check documents
• Ability to learn rules and guidelines quickly to maintain document compliance
• Ability to communicate professionally to Clients (Broker Dealers) both verbally and written (through email)
• Proficiency in MS Suite
• Financial services industry or understanding of brokerage business is desirable
• Strong organizational and time management skills with attention to detail with problem solving and critical thinking skills
• Excellent customer service skills with the ability to thrive in stressful situations
• Ability to prioritize, multi-task and meet tight deadlines in a fast-paced environment

What Wedbush Offers You

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $55,000-$62,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the individual and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.