Dividend Clerk, Sr. jobs in Newark, NJ

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

The Securities Processing Division in our Jersey City office is seeking to hire an Assistant Vice President, Dividend Income Manager.

Responsibilities include, but are not limited to:

• Lead a team to ensure client postings are timely and accurate
• Review Dividend/Income process to ensure current activities meet all regulatory requirements
• Ensure all new regulatory or industry initiatives are met
• Manage daily income processing activities are completed correctly and on time
• Process dividends, interest, principal, and maturity proceeds
• Process broker claims and charges from different entities
• Perform tax reporting functions, foreign withholding processing, optional dividend processing and related cost basis adjustments
• Submit elections to DTCC
• Publish UIT rollover announcements and processes instructions
• Perform other duties as required and assigned

• Bachelor's Degree from an accredited university, preferably in Math, Business, or related field preferred
• Minimum 5 years experience in financial services operations
• Proficient with MS Word, Outlook, Access and PowerPoint required
• Proficient Excel skills preferred (must know VLOOKUP)
• Knowledge of SQL a plus, but not required
• Excellent math, reading comprehension, verbal and written communication skills
• Experience working with DTCC, Bank of NY Mellon, Phase 3 are preferred
• Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Strong collaboration and team building skills
• Experience in Financial Services, particularly broker/dealer required

What Wedbush Offers You

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The salary range for this role is $100,000-$175,000. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.
From: Wedbush Securities