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Financial Operations Associate
Posted on 8/30/2022
INACTIVE
Locations
Irvine, CA, USA • Remote
Experience Level
Entry
Junior
Mid
Senior
Expert
Requirements
  • Bachelor's Degree
  • Interest in getting licensed with FINRA (Series 24 and/or Series 27)
  • Advanced Excel skills
  • Three or more years of experience in the financial industry, including awareness of securities products and general securities operations
  • Seriousness and awareness of the high-level of responsibility due to our clients and our mandate to protect their assets
  • Non-compromising attitude regarding following all pertinent regulatory laws
  • Interested in the detail and a critical thinker capable of researching issues and following through to resolution
  • Thirst for learning and to be mentored by our highly-talented FinOp staff
  • Good planning and organization skills - uncompromising about meeting deadlines
  • Exceptional drive and precision in delivery, especially as it relates to regulatory compliance
  • Must be a team player and enjoys collaborating with different teams across the organization, including Engineering, Product, and Operations
  • A belief that your work is tied to your life's mission
  • Optimistic about the potential of societal change and helping build a unique financial firm
Responsibilities
  • Introduce yourself to the organization
  • Be familiar with the daily and monthly financial operations and regulatory requirements of Acorns Adviser and Acorns Securities
  • Support the daily cash & share movement operations
  • Reconcile daily cash & custodian accounts
  • Support the daily share reconciliation & facilitate preparation of the daily net capital computation
  • Support the accurate preparation of the weekly 15c3-3 Reserve computations
  • Assist in the preparation of workpapers for regulatory audits
  • Collaborate closely with the Investment Operations team to identify & resolve discrepancies and improve existing processes
  • Develop & maintain internal metrics to track regulatory compliance and team performance
  • Become an expert on daily and monthly financial operations and regulatory requirements
  • Be an individual contributor of ideas to enhance and automate current financial operations processes
  • Work with the FinOp and the Sr Financial Operations Manager to plan the integration of new product initiatives within the operational and regulatory frameworks applicable to Securities and Advisers
  • Become an expert on how our proprietary systems integrate with our financial processes so that you can be the point person for resolution of issues
  • Prepare journal entries for Acorns Securities & Acorns Advisers
  • Enhance the Department's process catalog and help build a comprehensive procedure repository
  • Assist in completing special projects as needed such as process improvements and new product launches
  • Ensure worm-compliance related to FinOp books and records
  • Participate in the monthly customer statement review process
Acorns

201-500 employees

Saving and investing app
Company Overview
Acorn's mission is to look after the financial best interests of the up-and-coming, beginning with the empowering step of micro-investing.
Benefits
  • Healthcare
  • 401(k)
  • Equity
  • Competitive Compensation
  • Flexible Paid Time Off
  • Learning & Development
  • Wellness
  • Flexible Work Hours
  • Quarterly Team Outings
  • Personal Development Plans
  • Annual Compensation Reviews
  • Recognition
Company Values
  • Lead with heart - With compassion, integrity and tenacity, inspire yourself and others to move past all previous thresholds of possibility.
  • Make bold decisions - We are creating a new world. Be optimistic, adventurous, and courageous. Leap fearlessly into the future.
  • Always build trust - Say what you mean, mean what you say, and do what you say you're going to do. We are all owners. We are one team.
  • Never stop growing - Change IS the constant. Stay hungry and curious. Be relentless in the pursuit of progress.
  • Find a way - Never settle, no excuses, nothing is impossible. Just make it happen!