Operations Associate - Account Transfers & Security Processing

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning more than 80 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Summary/Function:

This position is responsible for processing account transfers into and out of D.A. Davidson and processing physical securities. This role requires flexibility, organization, accuracy, and attention to detail. The qualified applicant will be capable of working independently and as a team member.

Qualifications:

• General knowledge of Microsoft Word, Excel and Outlook

• Proactively work with both branches and transfer agents.

• Strong attention to detail and ability to multi-task.

• Must be able to work in high pressure situations.

• Strong attention to detail and good organizational skills

• Good written and verbal communication skills

• Basic understanding of accounting principles

• Ability to follow policies and procedures.

• Maintain client confidentiality.

• Must be able to communicate in a clear and service-oriented manner using appropriate, professional language and grammar to effectively exchange ideas and information.

• Ability to proactively work with both external and internal clients.

• Must have the ability to interact with others in a professional manner in order to accomplish work responsibilities and objectives.

• Ability to maintain regular, predictable attendance.

Duties:

• Process journal entries to transfer book entry shares held with transfer agent via DRS and DWAC systems, or through issuance of certificate.

• Process securities transfers according to transfer instructions and requirements.

• Support FAs and their support teams to research and resolve issues and/or questions in a collaborative manner.

• Request appropriate documents from branches in order to process and clear safekeeping trades.

• Follow-up on all past due trades.

• Follow up with transfer agents on pending physical transfer items

• Process both incoming and outgoing asset transfers through ACATS.

• Review and approve non-ACATS transfers submitted through the TRAX system.

• Deposit checks and securities for incoming non-ACATS transfers

• Process outgoing non-ACATS transfers of securities and cash or securities only.

• Review account transfer forms to ensure that an authorized individual has signed the form and that all necessary legal documents are attached or on file.

• Deposit securities received via DTCC into client’s accounts.

• Provide support and assistance to retail branches in regard to account transfers.

• Perform any other duties as assigned.

What we offer

Competitive salary plus excellent benefits and perks including, but not limited to:

• Medical, Dental and Vision

• Company 401(k)and ESOP contribution

• Generous sick, vacation, and maternity/parental leave

• Paid holidays

• Professional Development Opportunities

• Tuition Reimbursement ($15,000 lifetime cap)

• Discounted personal insurance including home, auto and recreational vehicles

• Charitable gift-matching program

• Davidson Day of Giving – Our tradition of positively impacting communities in which we live and work.

The compensation offered will be determined on a case-by-case basis considering a variety of factors including, but not limited to, the skills, relevant work experience, and geographic location of each specific candidate. This role is eligible to participate in applicable D.A. Davidson variable compensation programs.

At D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Please answer all questions carefully: incomplete or inaccurate answers may impact your potential employment. By clicking Submit Application, you declare that all statements in this application are truthful to the best of your knowledge. California applicants please see D.A. Davidson's California Resident Privacy Policy.