Conversions Operations Specialist

Conversions Operations Specialist- Fully Remote

Start a career in tech: Join the team that’s supporting the latest cutting-edge AI language models.

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The Business Context

You already use AI in many ways—like deciding what products and services to order—and it may be most familiar to you as a chatbot, as an avatar-maker, or as a way to unlock your screen. But here’s what AI may be able to help the world with: finding medical diagnoses, teaching you about scientific research, and calculating the complexities of any function. 

But, like humans, algorithms are what they eat. They’re only as good as the rules they know and the data they’re trained on. We’re the team that helps model these behaviours.

Job Summary:

1. Review and record cash and in-kind asset transfers in the trust accounting system

   ● Work with sub-custodians to settle trades from the point of booking, through settlement for mutual funds, stable value funds, and ETFs
   ● Perform reconciliations of invested assets and cash activity between the trust accounting system and sub-custodian by specified deadlin
   ● Manage all operational aspects of the installation process, including coordinating with Implementation Managers and Investment teams, to successfully transition new and conversion qualified plans onto the Client's platform
   ● Manage all operational aspects of the reconversion process, including coordinating with receiving record keepers, to liquidate and transfer plan assets from client platform
   ● Coordinate with financial advisors, plan sponsors, prior record keeper sub-custodians, and/or third-party administrators to determine onboarding or conversion timelines, action items with delivery dates for all parties, and communicate overall project status to all interested parties
   ● Update, maintain, and review client data within CRM systems
   ● Ensure collaboration with all internal teams to meet expected timelines
   ● Support the creation and maintenance of written operating procedures related
   to assigned functions
   ● Research and resolve any issues that arise in the course of these processes

1. Experience in project management and leading team initiatives end to end; you're optimistic, flexible, creative, team-oriented, results-driven, and have the ability to effectively collaborate with both internal and external stakeholders
   ● Possess a good understanding of how mutual funds, stable value funds, and ETFs trade and settle
   ● Possess a strong aptitude for numbers, and understanding of cash and traditional securities reconciliations
   ● Demonstrate an affinity for learning, creating, and iterating rapid
   ● Proactive and analytical, able to problem-solve and propose solutions
   ● Demonstrate a high degree of organization and dependability
   ● Ability to prioritize tasks and manage client expectations

2. The Extras

Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira

General knowledge of ERISA rules and requirements, and experience with one or more compliance / record-keeping systems (e.g. SunGard Relius, ASC, FIS)

Qualified 401(k) Administrator (QKA) or higher ASPPA credentia

Compensation & Details 

• Type: Hourly
• Remuneration: $5 per hour. 
• Role: full-time and Exclusive commitment
• MUST be able to have completed BACKGROUND CHECK for the project