Overlay Support Associate

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose:
We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.

People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

View our Purpose, Inclusion and Citizenship Report () .

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

Overlay Portfolio Management (OPM) serves advisors and clients by efficiently and expertly addressing their tax, risk, and customization needs through the coordinated management of investments across sleeves, accounts, and households. Applying seasoned judgment to orchestrate tailored outcomes from a complex web of client and model provider inputs, helps clients achieve goals and financial wellness, drives advisor efficiency, and makes a client and advisor’s relationship with Edward Jones irreplaceable.

The Overlay Operations Associate is responsible for working with internal and external parties to assure that client accounts are in good order and tradable daily. The ideal candidate will have knowledge of the characteristics of multiple asset classes and exposure to trading processes and settlement requirements.

Responsibilities include:

• Work together with OPM Trading to ensure all UMA accounts are in good order to trade on the Vestmark One platform

• Collaborate with all departments in OPM to research and respond to account-related questions, changes, escalations, or issues

• Conduct account administration, reconciliations, settlements and corporate actions

• Support the setup and maintenance of external model manager reporting

• Work with supported managers to elect and reconcile voluntary corporate actions

• Set up new securities/bonds on Vestmark, review and resolve issues on untradeable positions

• Perform regular reviews and updates of procedures and controls

• Coordinate and support client restriction reviews, oversee global restriction maintenance.

• Work with the portfolio management and OPM trading teams as needed to support manager onboarding processes.

• Regularly evaluate and implement controls and procedures

• Represent operations team in business reviews and meetings, as needed

• Bachelor's Degree required

• 3+ years of relevant experience

• Minimum of 3 years of experience in an operations role preferably within financial services

• Must possess a high level of sensitivity to the audience, be able to modify the beliefs and opinions of others, and negotiate with significant latitude for the final outcome.

• Experience with Vestmark One Platform

Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades:
Insights & Information Blog Postings about Edward Jones ()

Check out our Canadian awards and accolades:
Insights & Information Blog Postings about Edward Jones ()

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account.

Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page () .