What are the responsibilities and job description for the Financial Operations Internship position at Valmark Financial Group?
Job Summary :
The Financial Operations Intern will play a crucial role in the day-to-day operations of the Commissions team. This intern will support managers and the commission staff through various tasks requiring strong organizational skills and attention to detail. The Financial Operations Intern will gain familiarity with multiple programs and systems, adapting to new processes while learning how Valmark conducts business and compensates our registered representatives.
Essential Functions and Responsibilities :
- Oversee data cleanup related to AOR (Agent of Record) changes, ensuring accuracy and consistency
- Monitor, update, and correct the representative codes associated with accounts involved in AOR changes
- Support reconciliation efforts for Third Party Money Manager accounts, collaborating with outside vendors as needed
- Work with external vendors to reconcile commissions paid on accounts incorrectly
- Verify account statuses across multiple systems to process unpaid commissions
- Aid with various projects as needed, contributing to the overall efficiency of the Financial Operations team
Related Qualities :
Our ideal candidate has the following qualities :
Requirements :
Must be currently enrolled in college seeking a degree. Degrees such as Business Administration, Finance, or Business Data Analytics are preferred, but not required. Must be available to commit 15-25 hours per week during the spring / fall semesters and 25-40 hours per week during the summer months.