Coordinator, Retirement Services - Wedbush Securities

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Private Client Services, Capital Markets, and Clearing & Execution 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.

Our Operations team is seeking to hire a Retirement Services Coordinator. This position will provide front-line and operational process support to Financial Advisors, Employers, and IRA/QRP owners. This is an in-person role that requires reporting into the Los Angeles office daily.

Responsibilities include but are not limited to:

• Deliver excellent customer service that exceeds customer expectations in all contact interactions
• Provide technical and operational assistance to the branch offices
• Resolve issues/concerns and answering incoming calls from clients and brokers regarding the organization’s products and services
• Receive and process incoming IRA/QRP distribution and contribution requests
• Process IRA/QRP transactions such as excess contribution withdrawals and conversions
• Review daily IRA transactions reports to ensure proper coding, and compliance with IRS regulations
• Work with Financial Advisors to set up new SEP or SIMPLE IRA plans
• Perform other duties and work on special projects as required

Keyword: 401K, IRA, Retirement, 1099R, BETA, SunGard, ERISA
Required Experience:

• Bachelor’s degree from an accredited university preferred
• Minimum of 2 years retirement services industry experience preferred
• Working knowledge of Traditional, Roth, SEP and SIMPLE IRAs and QRP plans and the willingness to learn IRS rules and regulations regarding these retirement products
• Knowledge of IRA transaction codes as they relate to IRS tax forms, and knowledge of Microsoft Word, Excel, BETA, Phase3, Broker Insight is a plus
• Strong verbal, written and interpersonal communication skills
• Strong analytical, problem-solving, and critical-thinking skills
• Highly organized, solution-oriented and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Works well independently on specific tasks and gets direction in more complicated or out of the box tasks
• Demonstrates sensitivity and respect for others and participates in organizational or departmental projects
• Strong attention to detail

Benefits:

As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs
• Discretionary compensation based on the colleague's and the firm's performance

Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $44,000-$60,000.

At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview

From: Wedbush Securities