Investment Operations Associate

LOCATION

This position will be operating out of our headquarters in State College, Pennsylvania.

Relocation assistance is not provided. This position is not eligible for remote work.

WHAT ARE WE LOOKING FOR?

Detail-oriented individuals with strong follow-thru and good communication skills are the foundation of our investment management team. This team member will be responsible for the daily monitoring, rebalancing, and order execution of both model and custom portfolios, so strong organizational skills and the ability to focus in a fast-paced environment with tight deadlines is critical. As an entry level position, we expect this candidate to be eager to learn a variety of tasks and we look forward to developing their talent and potential into core strengths.

WHAT ARE YOU LOOKING FOR?

As an aspiring member of the financial services community, you’re looking for a place where you can learn the ins and outs of managing client accounts for an RIA, while also being able to immediately make an impact by bringing your particular set of skills. Ideally, you’d love to be able to use your natural talents in attention to detail, thoroughness, and organization to create a foundation of success in a company that you can growth with. Eager to learn, you’re excited to join a small, focused team of individuals looking to make a difference in the lives of individual clients by helping them achieve their financial futures.

POSITION SUMMARY

The Investment Operations Associate will work within the Investment Management and Research (IMR) team.  This individual should have a general understanding of investments and financial markets with an interest in investment operations, including model portfolio trading, maintaining operational systems, creating or revising standard procedures, and tracking adherence to model portfolios. This is not a sales position.

PRINCIPAL DUTIES AND RESPONSIBILITIES

• Ensuring accuracy in trade order creation and execution for model portfolios
• Linking newly funded accounts to the appropriate model
• Recording investment activity in CRM and composite management system
• Maintaining the integrity of data in the trading and rebalancing software
• Auditing and verifying data in operational systems
• Work closely with upper management and members of the Investment Management and Research team to provide world class service to our advisors throughout the country
• Client reporting support and data entry
• Investment and operational projects as needed
• Identify workflow/system improvements and work to enact changes

REQUIRED SKILLS AND QUALIFICATIONS

• Bachelor’s degree
• Series 65 registration (or successful completion of Series 65 within 90 days of hire)
• Operational mindset with a focus on balancing thoroughness and efficiency
• Ability to read, understand, and follow standard operating procedures
• Proficiency with Microsoft Excel, including vlookup, pivot tables, and conditional formatting
• Demonstrates ownership of tasks and projects
• Exceptional attention to detail, accuracy, and follow-through
• Ability to work within a team while maintaining individual ownership over assigned tasks
• A high degree of professionalism and work ethic
• Strong listening skills
• Can do attitude with high energy

PREFERRED SKILLS AND QUALIFICATIONS

• Bachelor’s degree in Finance or related field of study
• 1-4 years of experience
• Demonstrated ability to work in an environment where adherence to standard procedures and controls is critical
• Experience in handling multiple deadlines and time-sensitive situations
• Knowledge and experience in building and maintaining VBA macros in Excel
• Knowledge of some, or all, of the following: Fidelity Wealth Scape, Red Black, Red Tail, Black Diamond, and iRebal

COMPANY

Vicus Capital is an independent investment management firm with over $3 billion in AUM headquartered in State College, Pennsylvania.  As a Registered Investment Advisor (RIA), we build innovative investment strategies and cutting-edge tools for financial advisors throughout the country, delivering elite service and the wow factor to those advisors and their clients. We take great pride in fostering a family atmosphere and a fulfilling work environment for all employees.  Our employees are entrusted to take ownership in their work; we don’t believe in micro-management.  Evolving opportunities and advancement are forever encouraged.

BENEFITS

This career opportunity is a full-time salaried position.  A comprehensive benefit package is provided which includes Health Insurance, Dental & Vision Insurance, Group Life Insurance, Short Term Disability Insurance, 401k with safe harbor employer contributions.

Salary/Compensation: $45,000 - $60,000 per year

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