Refco Securities, Llc Work Values

Daily Duties at Refco Securities, Llc:

Managing opening retail accounts, assisted when needed. Processed IRA distributions, check deposits and check withdrawels, initated account transfers via the ACAT system. Updated customer data every three years. Establish and maintain domestic and foreign new accounts (Retail and Institutional) Review and approve all legal documentation Responsible for background checks on customers Working closely with the Compliance Department on account opening procedures pertinent to the Patriot Act Ensure firm is in accordance with the most updated anti-money laundering policy Responsible for sending new account welcome packages to customers, as well as acquiring updated information from each customer every three years. Establish and maintain E-Statements/E-Confirmations Manage development of correspondent office and broker hierarchy systems Audit year end tax reports for foreign accounts Assisted in designing the online trading website Designed documents required to establish an account Coordinated all printing of documents for the department Initiate account transfer’s via the ACAT system Review and audit daily ACAT reports Interact on a daily basis with delivering firms regarding breaks and/or fails from ACAT’s Responsible for all incoming and outgoing checks, wires, and physical stock certificates Responsible for allocation charges to customer accounts Process all IRA contributions and distributions Audit and rectify year end 1099/5498 reports Generate and review daily IRA reports Dealing with vendors on various issues ranging from implementation of technology updates, and billing services Interact on a daily basis with fellow associates to resolve unordinary problems Composed departmental procedures Answer general questions from brokers, and customers via phone and e-mail Assist in entering trades

What they like about Refco Securities, Llc:

A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.

Tags

Finance, Management, New Accounts, Leadership

Skills

P&L responsibilities, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership

These are some of the questions we asked our climbers about their experiences with Refco Securities, Llc: