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New Accounts Application Processing Analyst

Interactive Brokers

New Accounts Application Processing Analyst

Interactive Brokers

Chicago, IL

·

On-site

·

Full-time

·

1w ago

Compensation

$65,000 - $75,000

Benefits & Perks

401(k)

Healthcare

Equity

Free Meals

Learning Budget

Remote Work

401k

Healthcare

Equity

Meals

Learning

Remote Work

Required Skills

MS Office

Excel

AML/KYC compliance

Communication

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

This is a hybrid role (3 days in the office/2 days remote).

Interactive Brokers seeks several motivated individuals to join our Application Support Group as an Account Processing Analyst to support the New Accounts team. This role will be part of a team building one of the world's strongest brokerage brands. A global enterprise that employs technology in all aspects of its business to generate prudent, controlled growth.

The successful candidate will be motivated, have strong initiative, and be analytical and methodical in their approach. We offer you a position that will both challenge and reward you. We look forward to reviewing your online application.

Responsibilities:

  • Daily processing of institutional and retail client applications

  • Review documentation related to a new account

  • Collaborate with other cross-functional teams to assist with account approval and maintenance.

  • Cross-reference multiple databases and ensure that regulatory aspects of AML and KYC are completed before opening an account

  • Follow various regulatory requirements and internal policies and procedures.

  • Correspond with clients, sales representatives and Client service representatives.

Qualifications:

  • Bachelor's Degree

  • Registrations: FINRA Series 7, 6, 63. IBKR will sponsor a FINRA license if job-related

  • Excellent communication skills

  • Proficient user of MS Office applications, including advanced Excel skills

  • Ability to prioritize effectively and multitask

  • Self-organized team player with an excellent eye for detail

To be successful in this position, you will have the following:

  • Self-motivated and able to handle tasks with minimal supervision.

  • Superb analytical and problem-solving skills.

  • Excellent collaboration and communication (Verbal and written) skills.

  • Outstanding organizational and time management skills.

Company Benefits & Perks

  • Competitive salary, annual performance-based bonus and stock grant

  • Retirement plan 401(k) with a competitive company match

  • Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium

  • Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)

  • Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snacks

  • Corporate events, including team outings, dinners, volunteer activities and company sports teams

  • Education reimbursement and learning opportunities

The anticipated base salary range for this role is $65,000 to $75,000 annually, based on skills and experience. The offered salary is just part of the total compensation package. In addition to a competitive salary, the company offers both a discretionary cash bonus and stock award as well as a wide range of benefits, including health care, tuition reimbursement and much more.

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About Interactive Brokers

Interactive Brokers

Multinational brokerage company.

1,001-5,000

Employees

Greenwich

Headquarters

Reviews

3.5

10 reviews

Work Life Balance

2.5

Compensation

4.2

Culture

3.1

Career

3.8

Management

2.7

65%

Recommend to a Friend

Pros

Good pay and competitive compensation

Excellent benefits packages

Friendly atmosphere and nice people

Cons

Poor management and leadership issues

Toxic work culture and environment

Heavy workload and long hours

Salary Ranges

0 data points

Junior/L3

L3

L6

Junior/L3 · Data Scientist

0 reports

$280,000

total / year

Base

$220,000

Stock

$30,000

Bonus

$30,000

$238,000

$322,000

Interview Experience

7 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 71%

Negative 29%

Interview Process

1

Application Review

2

Online Assessment

3

Phone Screen

4

Technical Interview

5

Hiring Manager Interview

6

Final Round

Common Questions

Coding/Algorithm

Technical Knowledge

Behavioral/STAR

Past Experience

Finance/Trading Knowledge