Operations Associate- Cash Management and Trading Administration

Operations Associate, Cash Management & Trading Administration

B  Partners is a fast‑growing wealth management firm serving high‑net‑worth individuals and families. Founded in 2000, we now manage over $35 billion in client assets. Our people are our greatest strength, and we’re proud of the collaborative, innovative culture we’ve built. If you’re looking to be part of a team that values growth, impact, and fresh ideas, we invite you to join us on our journey!

Cash Movement & Banking Operations:

• Coordinate with client custodians to execute external wires, ACH transfers, and inter‑account cash movements
• Ensure all cash transactions are completed accurately and on schedule

Trade Execution:

• Ensure timely and accurate execution of client trades including:
  • Alternative assets (e.g., hedge funds, private equity funds)
  • Standard liquid assets (e.g., mutual funds, equities)
• Use rebalancing software to generate and process mutual fund trades as required

Relationship Management & Communication:

• Manage trade‑related communications and maintain relationships with:
  • Third‑party equity and fixed income managers
  • Alternative fund managers and fund administrators

Account Lifecycle & Compliance Support:

• Handle ongoing account events, including:
  • KYC/AML requests and documentation
  • Ad‑hoc fund account‑related requests

Required:

• 1–3 years of post‑undergraduate work experience in finance, accounting, or operations
• Strong communication and interpersonal skills (written and verbal)
• High level of attention to detail & organizational skills
• Diligence and intrinsic self‑motivation
• Demonstrated history of initiative and ability to learn quickly
• Proficiency with Excel, familiarity with all other Microsoft Office products

Preferred:

• Experience with banking and custodial operations
• Exposure to and familiarity with traditional assets such as equities, fixed income, mutual funds, etc.
• Exposure to alternative assets such as hedge funds and private equity funds
• Working knowledge of SS&C/Advent APX, or similar portfolio management/accounting software

• Competitive base salary and incentive compensation.
• Company‑subsidized medical/Rx, dental and vision insurance for employee, partner, and dependents.
• 401(k) plan, life insurance, and short & long‑term disability coverage.
• One Medical membership (covered for employee and dependents), Wellhub membership, employee assistance program (EAP), gym reimbursement and other wellness offerings.
• Pre‑tax transit and parking programs, health savings account (HSA) and flexible spending programs for medical and dependent care.
• Personalized development and career growth opportunities.
• Volunteer opportunities and matching gift program.
• Flexible time off, paid parental leave, and sabbatical with company tenure.
• Hybrid remote work environment, “work from anywhere” weeks, and casual dress.

Base salary for this position will be determined during the interview process and will vary based on multiple reasons, including but not limited to prior experience, relevant expertise, current business needs, and market factors. The expected base salary for the role will generally be between $70,000‑$85,000 per year at the commencement of employment, but the final salary offered may be outside this range based on these reasons and individual circumstances.

Additionally, base salary is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses, alternative incentive packages, and company‑sponsored benefit programs. This position is at‑will, and the company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.