Group Business Associate (East Lansing, MI)
OppenheimerWho We Are:
Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.
Job Description
Oppenheimer & Co. Inc. Credit Union Investment Strategy Group is seeking a personable and team-oriented Group Business Associate to join our institutional team in the Private Client Department in East Lansing, MI. This Group specializes in serving the investment needs of Credit Unions throughout the country. The ideal candidate will possess excellent communication skills and the ability to collaborate effectively with others in a fast-paced environment. In this role, you will work closely with a ten-person Fixed Income Team, contributing to their success by utilizing your problem-solving skills, taking initiative, and demonstrating ownership of your work. A positive attitude, exceptional interpersonal skills, and effective communication abilities (both in person, email, and phone) are essential for this position. Additionally, proficiency in data management, Microsoft Word, Excel, and PowerPoint is required. Previous experience in the financial industry and some analytical experience would be highly desirable.
This position requires you to work on-site, five days a week.
Responsibilities:
- Oversee opening, updating & ongoing due diligence for client accounts
- Maintain delivery instructions, review client confirms, verify funds received and delivery of securities for trades and settlements.
- Wires; input principal and interest monthly with accuracy followed by client confirmation
- Handle client calls, set up and manage calendar invitations
- Coordinate and book travel arrangements, adhering to company policies and guidelines
- Monitor payments related to travel expenses and maintain an accurate ledger of the group’s expenses
- Act as point of contact for office technology repairs, knowing who to call and overseeing repairs until completion.
- Assist in marketing efforts/ data base management, LinkedIn, and etc.
- Ensure contact information is up to date and remind the team of upcoming compliance and FINRA deadlines/notes, updated policies and etc. after meetings
- Anticipate and manage office supply needs for kitchen, cartridges, paper and other items based on usage
- Cross train in various areas as needed to contribute to the smooth operations of the team
- Participate in the growth of the business by actively supporting the rollout of new products or services to clients
- Stay updated on the regulatory environment affecting our clients and prospects, identifying changes and other pertinent information
Qualifications:
- College education a plus but not required
- Previous experience at a brokerage firm or in a financial role is preferred
- Previous experience as an Executive/Administrative Assistant is preferred
- Possess a high degree of proficiency with technology including MS Office products (Word, Excel, PowerPoint and Outlook) and Zoom/WebEx
- Must be able to maintain the highest level of confidentiality
- Demonstrate strong accuracy and thoroughness in all facets of daily work and possess superb organizational skills
- Able to interface and articulate well with all levels of employees, management and clients in a highly professional, timely and friendly manner
- Able to meet designated deadlines and work effectively in a pressurized environment
- Able to handle regular activities without prompting
- Must exhibit a high degree of motivation, sense of urgency and professional demeanor
Compensation:
The total compensation for this role is determined based on various factors, including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the base salary range for this position is $50,000.00-$60,000.00 per year at the time of this posting