Bernardi Securities, Inc. / Bernardi Asset Management LLC – Financial Operations Associate
Location: Northfield, IL
Firm description:
Bernardi Securities, Inc. (BSI) is a broker-dealer, specializing in active municipal bond portfolio management for private clients, public finance services, and fixed income capital market services. Bernardi Asset Management, LLC (BAM) is a fee only, SEC registered, investment advisory arm of Bernardi Securities, Inc. It is a wholly-owned subsidiary of BSI.
The Firm’s expertise is within the municipal bond market. BSI is headquartered in Northfield, IL with two additional satellite offices within the state. The Firm’s client base includes banks, corporations, insurance companies, charitable organizations, endowments, advisors, and high net worth individuals.
Position Summary:
This position supports the daily operations of the firm's financial operations department.
Primary Responsibilities:
- Provide daily margin and loan calculations
- Process invoices for payment
- Provide support to month-end financial reporting
- Run daily trading reports and reviewing for compliance and accuracy
- Conduct monthly and quarterly compliance reports
- Process new accounts and account maintenance, while upholding compliance standards
- Maintain customer and report files
- Provide backup to other members on the Financial Operations team, as needed
- Role and responsibilities will increase contingent on FINRA qualifications
Qualifications:
- Minimum of a BS/BA degree (or equivalent), accounting degree preferred
- Ideal candidate will have a minimum of 3-5 years of experience in financial services
- Detail oriented and extremely organized
- Tech savvy and proficient with software applications (must be skilled in Excel; QuickBooks knowledge is a plus) and able to learn new systems and programs
- Proven ability to work on multiple tasks at once
- FINRA registration 7 and 24 preferred but not required initially
- Must pass a background check
Ideal candidate has 3-5 years (or more) of experience working for a broker-dealer or investment advisor in some or all of the following areas:
- Basic A/P accounting
- Account onboarding KYC (Know Your Customer)
- AML review (Anti-Money Laundering)
- Trade reporting compliance (TRACE and MSRB)
- FINRA regulatory compliance and reporting
- Familiarity with municipal bond aspects
- Prior experience with Pershing (or other clearing firm) good but not required
Benefits
Medical healthcare, dental, vision, life insurance, long term disability insurance, 401(k) after 1 year.
Compensation
$50,000 - 60,000
Contact:
Please send resume to: jobs@bernardisecurities.com
Bernardi Securities, Inc. & Bernardi Asset Management LLC are equal opportunity employers.