Trade Correction Analyst
Company: Edward Jones
Location: Jefferson City
Posted on: June 12, 2022
At Edward Jones, we help clients achieve their serious,
long-term financial goals by understanding their needs and
implementing tailored solutions. To ensure a personal client
experience, we have located our 15,000+ branch offices where our
more than 7 million clients live and work.
In a typical branch office, a financial advisor meets with clients
and receives branch office support, so they can focus on building
deep relationships with clients. Headquarters associates in St.
Louis, Tempe and Mississauga provide support and expertise to help
U.S. and Canada branch teams deliver an ideal client experience. We
continue to grow to meet the needs of long-term individual
investors.In the Client Services and Operations division at Edward
Jones, youll focus on creating the ideal client and branch
experience. From account opening, to trade settlement and movement
of client cash and securities, to statement production and tax
reporting, Operations is involved every step of the way. As the
backbone of the branch, your work will support all client
transactions and processing through the life cycle of the client
relationship. Through strategic thinking and cross-functional
collaboration, youll continuously identify opportunities for
operational efficiency and risk mitigation, supporting the firm in
its key objectives.
This position has a broad scope of responsibility for accomplishing
core/critical technical or significant operational functions around
Trade Corrections including interpreting complex information and
making subjective decisions that have substantial risk or that may
have legal, regulatory or financial implications. Decisions must
ensure collaboration with a variety of business areas across the
organization. The position is required to have a deep understanding
of rules & regulations and the impact they have on the business
area functions, systems and controls; along with identifying
inherent and potential risks including implementation of
recommendations to mitigate them.
Lead and/or serve as a subject matter expert on large scale firm or
business area initiatives that may pose significant regulatory,
reputational, system or financial risk. This could involve
initiatives around all product types such as: Mutual Funds,
Equities, Fixed Income, UITs, and Fee based accounts as it pertains
to trade correction activity. Direct or manage one or more systems
to assist product teams in delivering new technology or system
upgrades through gathering requirements, developing & executing
system tests, and supporting all aspects of implementation. In
addition, ensuring timely escalation of issues that would create
significant risk to the project or initiative deliverables or
present risk to the firm or client is critical to the role.
Responsibilities include providing detailed analysis of information
along with alternative solutions and present recommendations to
business area leaders for process or system improvements.
Implementation of the agreed upon solutions is also required. The
ability to understand and interpret complex and diverse information
from multiple data sources is paramount.
Training, coaching and mentoring of team members and may be
expected to provide leadership on special projects impacting one or
more business areas, as needed.
Analyze research and interpret, complex information utilizing a
high degree of industry and regulatory knowledge related to
multiple business areas across the organization.
Subject matter expert on key business area functions or systems,
including a deep understanding of both how and why the work is
Serve as workflow coordinator and point of escalation across
multiple areas when business needs arise.
Frequent communication with home office leaders, large groups of
associates, and/or vendors to resolve issues, answer escalated
questions and carry out responsibilities including implementing
effective change management.
Quality and accuracy reviews on selected functions within or across
the business area.
Analyze branch suggestions, survey comments and other feedback to
identify trends and opportunities to enhance productivity and
communicate results with leaders.
- Series 24 License
- Series 53 License
- Would consider applicants who have Series 51 License
- Series 7 & 66 are pre-reqs to obtaining 24 or 53
- 5+ years of experience in the financial services industry or
related field is required (or) 5+ years of relevant system
knowledge and experience is required. Strong understanding of
business and specific regulations is required within 6 months.
- Background in project management, change management, risk
management, business specific technical support, lean six sigma or
business analysis is strongly preferred.
- An advanced knowledge of procedures and systems associated with
multiple functions in a department or group of departments.
Examples of the specific knowledge would be in the areas of:
trading, books and records, corporate actions, cash and banking
related functions, anti-money laundering, client accounts, mutual
funds, insurance, stocks, bonds, managed money products, retirement
products and services, client reporting, tax, customer account
transfers, securities processing, etc.
- Ability to make recommendations to resolve and improve system
issues in complex or high impact issues is required.
- Communicate complex details effectively; ensuring understanding
and influencing senior leaders, branches, internal stakeholders,
vendors and other external parties to support department goals and
collaborate to get results.
- Must have strong time management and organizational skills with
the ability to multi-task, independently learn new processes,
prioritize and delegate a heavy workload in order to be able to
fulfill all the roles within the area.
- Understand the firm's supervisory controls and procedures and
utilize software such as Microsoft Word, Excel, and database tools,
query tools such as Hyperion and Web Focus to identify trends,
correlations and assist Compliance with regulatory investigations.
- 2021 FORTUNE 100 Best Companies to Work For By Great Place to
Work and FORTUNE Magazine Edward Jones was named No. 20 on the
- From FORTUNE 2021 FORTUNE Media IP Limited. All rights
reserved. Used under license. FORTUNE and FORTUNE 100 Best
Companies to Work For are registered trademarks of Fortune Media IP
Limited and are used under license. FORTUNE and Fortune Media IP
Limited are not affiliated with, and do not endorse products or
services of, Edward Jones Investments.2021 Corporate Equality Index
Edward Jones joins the ranks of 767 major U.S. businesses that
received top marks in the Foundations 19th annual scorecard on
LGBTQ workplace equality.
From The Human Rights Campaign. All
Rights Reserved2021 Training Top 100 list - Edward Jones ranked No.
19, up six spots from last year in its 21st consecutive year on
this prestigious list.J.D. Power, 2021 Edward Jones has ranked
'highest in Employee Advisor Satisfaction among Financial
Investment Firms' in the J.D. Power 2021 U.S. Financial Advisor
Edward Jones received the highest
score among employee advisors in the J.D. Power 2007,2008, 2010,
2012-2015, 2017-2021 Financial Advisor Satisfaction Studies of
employee advisors satisfaction among those who are employed by an
investment services firm. Visit jdpower.com/awards for more
information.Edward Jones does not discriminate on the basis of
race, color, gender, religion, national origin, age, disability,
sexual orientation, pregnancy, veteran status, genetic information
or any other basis prohibited by applicable law.At Edward Jones, we
value and respect our associates and their contributions, and we
recognize individual efforts through a rewards program that
promotes a long-term career, financial security and well-being. to
learn more about our total compensation approach, which in addition
to base salary, typically includes benefits, bonuses and profit
sharing. The salary range for this role is based on national data
and actual pay is based on skills, experience, education, and other
relevant factors for a potential new associate:
Salary: $56259 - $92771
Category: Headquartersby Jobble
Keywords: Edward Jones, Jefferson City , Trade Correction Analyst, Accounting, Auditing , Jefferson City, Missouri
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