ACAT Specialist
Company: TradeStation
Location: Chicago
Posted on: September 20, 2023
Job Description:
Who We Are:TradeStation is an online brokerage firm seeking to
level the playing field for self-directed investors and traders,
empowering them to claim their individual financial edge.--At
TradeStation, we're continuously pushing the boundaries of what's
possible, encouraging out-of-the-box thinking and relentless search
for innovation.--What We Are Looking For:The primary duty of the
ACAT Specialist is to review and process transfer related requests
including but not limited to ACAT, Non-ACAT, and Direct Mutual fund
transfers. This individual is responsible for delivering a high
level of support in a high-risk environment which is also fast
paced with frequently changing priorities.What You'll Be Doing:
- Review, process, validate, and track incoming and outgoing
ACATS, which includes fails, reversals, reclaims
- Analyze current procedures and offer improvement suggestions to
increase workflow accuracy and efficiency
- Participate in internal and external audits
- Work with Sales and Client Services to best service client's
transferring accounts to and from TradeStation Securities
- Communicate with Contra brokers, Banks and Mutual Companies to
expedite outstanding account transfer requests
- Maintain detailed records and retention of all ACATS
activities
- Responsible for multiple ACATs functions for business
continuity during disaster recovery situations
- Ability to travel for disaster recovery, training and other
business purposesThe Skills You Bring:
- Must be able to prioritize workload to ensure multiple
deadlines are met
- Detail oriented
- Able to meet commitments in a fast-paced environment with
frequent changes
- Ability to work in a team environment and be flexible.
- In depth knowledge of regulatory guidelines, internal firm
policies, and Compliance/AML requirements and how they pertain to
processingMinimum Qualifications:
- 3+ years of experience in self-clearing brokerage operations,
preferably processing ACAT transfer receives and deliveries
- Familiar with industry standard systems such as DTC, NSCC, and
Fund/SERVDesired Qualifications:
- College degree preferred
- Knowledge of SunGard Phase 3 back officeWhat We Offer:
- Collaborative work environment
- Competitive Pay
- Yearly bonus
- Generous 401k plan
- Comprehensive benefits for you and your family starting Day 1,
including a Veterinary Discount Plan!
- Generous PTO and Sick Time plan
- Flexible working environment
- Free TradeStation account, as well as full access to trading
education materials
- Pay Range (US) $62-73K (Countries outside of the US have
differing ranges in accordance with local labor
markets)TradeStation provides equal employment opportunities to
current and prospective employees, without regard to race, color,
religion, sex, national origin, ancestry, sexual orientation, age,
pregnancy, disability, handicap, citizenship, veteran or marital
status, or any other legally recognized status entitled to
protection under federal, state, or local anti-discrimination
laws.
Keywords: TradeStation, Chicago , ACAT Specialist, Other , Chicago, Illinois
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