Asset Transfer Specialist

6 days ago


Stony Ridge, Ohio, United States Phaxis Full time
Job Title: CAS Asset Analyst

The Client Administration Support (CAS) Department at Phaxis is responsible for the opening, ongoing maintenance, and closing of accounts for the firm's ultra high-net-worth clients.

CAS provides full and dedicated support to the Client Advisor and Wealth Advisor teams across all company offices. The Asset Transfer Group is a value-added service being made available for the CA and WA teams.

Key Responsibilities:
  • Process incoming and outgoing client account transfer requests
  • Obtain necessary transfer documentation from CAs
  • Perform a detailed review of expected assets to determine the most appropriate transfer method
  • Coordinate with various contra-firms to identify any additional documents/action steps required to complete the transfer
  • Liaise with our internal Custody Department
  • Prepare any additional documentation to submit transfer requests
  • Proactively follow up with the contra-firms to resolve any issues and ensure all assets are received
  • Provide frequent updates to the CA/WA teams as to the status of each transfer
  • Assist in the retrieval of tax cost information if it is not received from the contra-firm within the regulatory time period
Requirements:
  • Bachelor's degree
  • Proficiency with Microsoft Excel
  • Excellent verbal and written communication skills
  • Knowledge of ACATS vs. Non-ACATS, DTC & DRS preferred
  • Extremely detail oriented
  • Exceptional organization skills
  • Analytical skills
  • Ability to work well in a small team structure
  • Highly motivated self-starter
  • Ability to manage multiple priorities and deliverables
  • Team player
  • Work ethic that demonstrates quality, accuracy, and accountability
  • Ability to build and sustain strong relationships with internal associates as well as contacts at contra-firms
Benefits:
  • $60-$65 salary
  • Bonus
  • Generous 401K & Profit Sharing plan

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