Investment Operations Specialist at Vise

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

FinTech, Investment ManagementIndustries

Requirements

Minimum of two years in a financial services operations role
Experience working for or with SMA providers and TAMPs
Familiarity with RIA custodian platforms such as Schwab, Fidelity, Pershing, Goldman Sachs, Altruist, and TradePMR
Ability to work with long short strategies or strategies that include margin
Proficient with alternative investments including interval funds and private placements
Experience with SQL, Snowflake, Databricks, or other data platforms is a plus

Responsibilities

Ensure all accounts are in good order on a daily basis by reviewing daily reconciliation reports
Resolve daily account issues at custodians and on the Vise platform
Run and analyze daily and weekly portfolio oversight reports to ensure all accounts are being managed to their mandate
Work directly with the engineering team to articulate solutions to systematize daily processes and serve as the liaison between our engineering team and custodial partners
Ensure all Vise investment processes adhere to regulatory requirements, including trade settlement, reconciliation, and reporting processes
Ensure our performance engine is in good order and performance is up to date for all client accounts
Support daily trading activities

Skills

SQL

Snowflake

Databricks

SMA

TAMP

RIA custodians

trade reconciliation

portfolio oversight

alternative investments

margin trading

Vise

AI platform for financial advisors' asset management

About Vise

Vise provides an asset management platform designed for financial advisors, helping them create and manage personalized investment portfolios for their clients. The platform uses artificial intelligence to automate tasks like portfolio rebalancing and risk assessment, allowing advisors to concentrate on building client relationships and making strategic decisions. Vise operates on a subscription-based model, making it accessible to both small and large advisory firms. This flexibility sets Vise apart from competitors, as it can cater to a diverse range of clients in the financial advisory sector. The company's goal is to enhance the efficiency of financial advisors, reduce their operational costs, and improve investment outcomes, ultimately aiming to shape the future of asset management.

New York City, New YorkHeadquarters

2016Year Founded

$123.1MTotal Funding

SERIES_CCompany Stage

Fintech, AI & Machine Learning, Financial ServicesIndustries

51-200Employees

Benefits

Comprehensive health plans

401(k) savings plan

Flexible PTO

Parental Leave

Wellness Reimbursement

Learning & Development

Risks

Loss of major clients like Manhattan West impacts revenue and reputation.

High employee turnover affects company morale and productivity.

Rapid fintech evolution may outpace Vise's current offerings, affecting competitiveness.

Differentiation

Vise automates investment management using AI, enhancing advisor-client relationships.

The platform offers personalized portfolios, reducing advisors' administrative tasks.

Vise's subscription model is scalable, catering to both small and large advisory firms.

Upsides

Growing demand for AI-driven personalized investment solutions boosts Vise's market potential.

Hybrid advisory models enhance Vise's value proposition by combining AI with human expertise.

Regulatory scrutiny on traditional practices drives adoption of AI-driven solutions like Vise.

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