Specialist, Income Processing

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

We are currently seeking to hire an Income Processing Specialist based out of our Jersey City office. This position is responsible for the timely and accurate processing of income (i.e. dividends, interest and principal) received from various sources for our clients and the associated tax reporting functions.

Responsibilities include, but are not limited to:

• Process dividends, interest, principal, and maturity proceeds
• Process broker claims and charges from different entities
• Perform tax reporting functions, foreign withholding processing, optional dividend processing and related cost basis adjustments
• Submit elections to DTCC
• Respond to customer inquiries
• Publish UIT rollover announcements and processes instructions
• Monitor assigned dividend suspense accounts
• Assist with processing proxy statements
• Perform other duties as required and assigned

• Bachelor's degree from an accredited University, or equivalent experience
• Working knowledge of SunGard Phase 3, BETA, DTC PBS/PTS
• Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Strong verbal and written communication skills
• Strong analytical, problem-solving, and critical thinking skills
• Organized, detail oriented, and ability to prioritize daily work flow
• Ability to be resourceful and work independently while keeping focus on the group’s strategic initiatives