Middle Office Operations Specialist
Location:     New York           State:     NY
Description
The Middle Office Client Administration Team manages the multi-step account administration process which includes:
 

    * Account opening
    * Account closing
    * Asset transfers
    * Account reviews

 
Bessemer Trust is seeking a sharp and knowledgeable Middle Office Operations Specialist to join its team of motivated professionals. This is an incredible opportunity for an individual with demonstrated Middle Office experience within Wealth Management and or Compliance.
 
Successful candidates will liaison between Front Office and Operations to ensure high quality client service, manage data from various internal and external sources to complete the Know-Your-Customer (KYC) profiles, Obtained Customer Identification Profile (CIP), and OFAC check for new customers and perform reviews of customer base to complete KYC renewals, and provided reports to management.
 
Successful candidates should also demonstrate a thorough working knowledge of complex entities such as LLCs, LLPs, Corporations, Trusts and Qualified Retirement Plans. This includes the ability to analyze entity source documents in order to define and ensure compliance with requirements set forth in various regulatory guidelines such as USA PATRIOT Act, KYC and ERISA.
 
Experience in or familiarity with conducting asset transfers between institutions is also a plus. Knowledge with non-traditional assets such as Closely Held Businesses, Hedge Funds, and Private Equity investments is desirable.
 
 
Qualifications & Requirements:
 
Bachelors degree plus a minimum of three years experience. Strong communication, problem solving, and customer service/support skills Strong quantitative skills. The successful candidate must demonstrate the ability to multi-task, prioritize work, accommodate varying levels of volume and priorities and work to deadlines. Excellent communication skills and high levels of accuracy and attention to detail required. Experience in Financial Services required; experience in wealth management and/or Compliance is desired
 
Bessemer Trust is a privately-owned wealth management and investment advisory firm that focuses exclusively on high-net-worth families and their foundations and endowments. The firm oversees more than $50 billion in assets for approximately 2,000 relationships and provides an integrated approach to the various investment, tax, legacy planning, and philanthropic needs of its clients.