Job #: 1431

Title: Wealth Operations Support


  • New York City, NY
  • Job Type:

  • Contract
  • Salary Range:
  • $0 to $50,000

  • Contract Pay Rate:
  • $0-25
    • Anywhere
    • Posted 2 years ago
    • This position has been filled

    Momentum is looking for a support professional.

    Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. They have one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client’s investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.

    Skills Required
    – Strong knowledge of Microsoft Office
    – Strong writing skills
    – Ability to work well under pressure and to meet deadlines
    – Excellent communication, organization and interpersonal skills
    – Ability to drive change and improve efficiencies on the team
    – Self-motivated and willing to assume responsibility

    The Associate within High Net Worth Lending Loan Operations – Liquidity Access Line (LAL), is responsible for processing LAL loan applications and providing operational support for all loan related requests. The associate will be part of a team of analysts and specialists with responsibilities that include but are not limited to:

    – Reviewing client collateral to provide loan recommendations to Bank
    – Data entry of client information into various loan systems
    – Client Documentation management
    – Monitor and respond to servicing requests from Wealth Management branch offices
    – Review risk reports
    – Participate in various testing initiatives and projects
    – Updating and maintaining department metrics
    – Periodic updates of policies and procedures
    – Escalation of issues to management