Operations Clerk

Department Description: Global Wealth Management provides advice-based wealth management services and products to individual clients and businesses. The GWM business model is based on our network of more than 15,000 financial advisors (FAs) in nearly 700 offices around the world and the one-to-one relationships they develop with their clients. Every aspect of a client's financial life is considered, enabling financial advisors to become essential partners to their clients and provide customized financial planning and wealth management advice, products and services. GWM serves the myriad needs of high-net-worth individuals and small- and mid-sized business owners. Nearly two-thirds of assets under management come from relationships with clients who have investable assets of $1 million or more. We also serve thousands of individuals through employee retirement plans.Brief Description: The incumbent is responsible for transmitting non-AOE orders, cancellations and messages and the processing and disbursement of funds/securities while maintaining appropriate controls. This position is also responsible for safeguarding deposits and investigating and resolving any differences.  Incumbent controls account number issuance, handles mail and all wire traffic.  Job Responsibilities: Some of this position’s responsibilities include: · Assists customers who visit the Cashiering window.  Research and resolve deposit errors. Processes returned checks and stop payments on checks.· Receives and processes incoming securities and funds deposited by customers, brokers or transfer agents.  Also processes securities received from Securities Processing.  Packages securities to Securities Processing and follows up on any problems.· Determine the negotiability of securities.· Maintains New Account Log, issues account numbers according to designated series, files new account forms and prints the FA Holding Pages.· Types customer checks requested for credit balance or for payment on sales of securities, with appropriate approvals.· Document Control, process requests entered by Client Associates and match with document control report. · Ensure audit files are maintained and kept up to date.  Qualifications:Undergraduate degree or equivalent experience preferred Minimum of 1+ years professional or relevant internship experience required Series 7 & 63/65 or 66 registration preferred; if hired without licenses, candidate will need to acquire Prior knowledge of financial products, policies & procedures is highly preferred Strong client service & technical skills (MS Word & Excel) Strong communication, time management and organizational skills are requiredMerrill Lynch is an Equal Opportunity EmployerThe Firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law. Please register and apply using this link : Merrill Lynch Careers Company Description: Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 38 countries and territories and total client assets of almost $2.0 trillion.Merrill Lynch offers a broad range of services to private clients, small businesses, and institutions and corporations, organizing its activities into two interrelated business segments - Global Markets & Investment Banking and Global Wealth Management, which is comprised of Global Private Client and Global Investment Management. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide.Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with more than $1 trillion in assets under management.We're growing our business by helping clients grow theirs.Our client relationships are among our greatest competitive assets. We deepen and enrich these relationships through disciplined growth, innovation, and seamless execution.