Financial Brokerage Representative - New York Life Insurance Company

50,000 - 55,000
New York, New York

50,000 - 55,000

New York, New York

Hybrid - 3 days per week

Location Designation

When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

The Brokerage Operations Representative will be responsible for working with clients to resolve highly sensitive, time critical issue with financial implications. They will be processing time-sensitive customer transactions that require review, research and communication with agents and clients to obtain the proper course of action.

Primary Responsibilities

Electronic updating and processing of money movement transactions, including check and stock deposits, check, EFT and wire disbursements, rollover, DTC deliveries, Journals, establishing bank and brokerage links and other standing payment instructions, periodic investment plans to/from client's bank accounts, and Roth Conversions for Retail and Retirement brokerage accounts
Responding to customer and agent inquiries in a timely, efficient, and professional manner by quickly identifying the need and formulating an accurate response or solution
Learn and maintain a basic understanding of core products in relation to brokerage accounts
Demonstrate advanced knowledge of operational procedures, company policies, industry principles

Qualifications

Bachelor's Degree- Finance of Business discipline preferred High school diploma or GED required
1-2+ years of experience in the Financial Services industry, with understanding of stocks, bonds, and mutual funds and industry regulations/procedures required
Excellent verbal and written communication
Positive, customer focused attitude with a desire to exceed customer expectations
Must be able to operate in a team environment and contribute to the company and team goals
Strong technical and analytical skills required
Ideal candidates will pursue the SIE & Series 7 FINRA licenses

$50,000-$55,000

Salary range

Nonexempt

Overtime eligible

Yes

Discretionary bonus eligible

Sales bonus eligible

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benefits

. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

This role requires FINRA Associated Person pre-hire fingerprinting.

Please note