Summary

The Operations Associate will review, process, and monitor new and existing foreign customer accounts. This includes using critical thinking skills, analyzing documents and data, and providing support to branch offices for the onboarding and maintenance of foreign accounts.

Essential Duties and Responsibilities

• Investigate and review documentation for opening new foreign accounts, including complex entities.
• Process and update information on existing foreign accounts which may include data points such as address, phone number, or authorized individuals.
• Collaborate with other areas such as AML, Tax Reporting, and legal to ensure documentation and data received aligns with firm policies and procedures.
• Provide support and guidance to branch offices regarding legal opinions for foreign countries, and documentation required based on each account type and country.
• Review and monitor daily reports as related to new and existing foreign accounts.
• Assist in other areas of the New Accounts department

Qualifications

• Basic understanding of corporate entities for both US and foreign clients, including complex structures, legal registrations, and tax forms.
• Experience with onboarding foreign clients and conducting reviews of high risk foreign clients.
• Knowledge of rules such as Books and Records, 2111, and FINCEN Beneficial Owner.
• Bilingual: Fluent in spoken and written English and Spanish.

Education and/or Experience

• Minimum Required: High School Diploma or equivalent
• Minimum Required: no experience required, 1+ years' experience in onboarding or operations, specifically foreign accounts

Systems and Technology

• Proficient in Microsoft Office including Outlook, Word, Excel and PowerPoint.
• BETA experience a plus but not require

Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success – and 26 years of continual growth – is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.