Investment Operations Specialist

Vise, a technology driven Investment Advisor is seeking an experienced Investment Operations Specialist to join our Investment Strategy  Team. In this role, you will be an indispensable resource at the operational center of the Vise investment process. You will apply your financial services experience to learn and understand Vise established internal workflows and offer an entrepreneurial and problem-solving mindset to implement and improve the Vise middle and back office investment processes. This role is onsite in NYC in our SoHo office.

What you bring on day one

• Minimum of two to four years of experience in a financial services operations role
• Experience working in middle and back office operations supporting SMAs for clients of registered investment advisors (RIAs) and/or broker-dealers
• Experience as a Portfolio Administrator and/or Performance Analyst
• Familiar with RIA custodian platforms such as Schwab and Fidelity
• Experience with portfolio accounting and reporting systems, such as Advent Portfolio Exchange (APX) Proficient in Google Workspace, Excel, Word, and PowerPoint tools - Python and SQL a plus

What you will own

• Partner with the Vise Engineering team to automate the daily account reconciliation process and develop in-house performance and attribution reporting capabilities 
• Maintain a third party portfolio accounting platform and the daily reconciliation of client account data from the custodian
• Resolve daily account issues at custodians and on the Vise platform
• Calculate performance on a daily basis to ensure that returns are accurate across securities, accounts, and asset classes
• Create performance reports that reflect the Vise investment process
• Work with the Vise Trading team to ensure that all accounts are ready and  available  to trade daily 
• Ensure all Vise investment processes adhere  to regulatory requirements, including trade settlement, reconciliation, and reporting processes.
• Support the Client Operations Lead to address client inquiries related to investment operations.
• Build and maintain GIPS compliant performance composites

Why join Vise:

• Opportunity to make a significant impact at a hyper-growth fintech start-up
• Competitive salary and equity
• Unlimited PTO and great benefits, including $1 medical insurance
• 401k plan with generous matching and self-directed brokerage account option
• Access to investment management and free financial advice from one of our partner RIA firms
• Paid lunches at our NYC office
• Career growth and development opportunities

Through the internal and market data Vise has collected, we expect the salary range for this position to be $90,000 - $120,000 per year, plus a competitive equity package. Your actual compensation will be determined based on your skills, qualifications, and experience. In addition, Vise offers a wide range of comprehensive and inclusive employee benefits. 

About Vise:

Vise is an artificial intelligence (AI) powered asset management platform designed specifically for financial advisors to build, manage and explain personalized portfolios. In today's world, AI is driving personalization across various industries, enhancing the way we shop, consume content, and engage with technology. Embracing this trend, Vise is leading the charge to bring this level of personalization to how we invest. Vise ushers in Wealth 3.0, moving beyond mutual funds and ETFs to offer personalized and automated portfolios. By harnessing the power of AI, Vise enables financial advisors to create tailored investment strategies that cater to each client's unique financial needs and goals.

Financial advisors are at the heart of this transformation, as their relationships with clients are essential to understanding and meeting each client's unique financial needs. With Vise, advisors can focus on nurturing these relationships instead of spending time building and managing portfolios. Our platform empowers advisors to create institutional-grade, personalized portfolios, automate their management, and explain valuable insights that enhance their expertise and service to clients. Vise is the outsourced sub-advisor, doing trading, rebalancing, and managing client portfolios fully automated on the advisor's behalf; Vise charges an AUM fee for its services. 

Our exceptional New York team comprises world-class Ph.D. quants, investment researchers, and engineers with experience at industry-leading firms like Citadel, Blackrock, Stripe, and Stanford. Combining top financial and engineering talent, we pride ourselves on delivering products faster and understanding our customers' needs better than anyone else in the market. Vise has garnered the support of prominent venture capital firms, raising over $130M from Sequoia Capital and Founders Fund, among others.

 

Vise celebrates and embraces diversity and is committed to building a team that represents a variety of experiences, backgrounds, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, gender identity, gender expression, sexual orientation, non-disqualifying physical or mental disability, national origin, veteran status, or other applicable legally protected characteristics.