Money Movement Specialist

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.

Our Wealth Management team is seeking a Money Movement Specialist. We are looking for people who thrive in a fast-paced environment, are client-focused, and team-oriented, and are able to execute in a way that encourages creativity and continuous improvement

Responsibilities include, but are not limited to:

• Effectively identify and evaluate risk when reviewing client account asset (cash/securities) movement requests including but not limited to check journals, ACH, and currency wires (foreign and domestic)
• Provide service excellence to our clients and internal branch partners via inbound and outbound phone calls
• Problem-solve and conduct research/special requests through the use of email, telephone, and our internal inquiry system
• Identifying situations where escalation is warranted and taking the necessary action quickly in a high-risk environment
• Handle escalated calls when warranted and resolve client issues by taking appropriate action quickly in a high-risk environment
• Stay current on AML trends, risks, and red flags necessary to proactively detect fraudulent activity
• Cross-train with other service departments as needed to provide additional support and backup coverage when needed
• Proactive in finding ways to improve processes and procedures
• Perform other duties as required and assigned

• Minimum 3 years of industry experience
• A bachelor’s degree or equivalent work experience
• Ability to obtain FINRA Series 7 and 63 licenses
• Strong client service skills
• Ability to listen and explain complex subjects in simpler terms
• Strong understanding of AML, KYC regulations and red flags
• Excellent verbal, written, and interpersonal communication skills
• Ability to prioritize and manage tasks, while maintaining attention to detail
• Strong analytical, problem-solving, and critical-thinking skills
• Organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Demonstrated ability to be self-directed, and quickly develop a full understanding of our business
• Strong initiative and desire to learn new things and help the team however needed

What Wedbush Offers You

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current hiring range is $65,000-$85,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the individual and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview

From: Wedbush Securities