Cost Basis Associate

The Cost Basis Associate applies specialized expertise in the securities industry to manage and maintain accurate cost basis, gain/loss, and corporate action data. Utilizing the Cost Basis Reporting System and other approved Raymond James platforms, the associate delivers high-quality service to both clients and internal departments through precise, timely, and consistent support. Key responsibilities include data entry, daily report review, and the investigation and resolution of discrepancies. This role requires frequent and collaborative interaction with colleagues, cross-functional departments, and branch associates. This position follows our hybrid-friendly schedule. In office days will be 3 per week in our Memphis, TN Corporate Office. This position requires full-time onsite work for the first 90 days. Must live within commutable distance from our home office.

Responsibilities

Input and maintain data on a Cost Basis Reporting system; Act as a team member for issues and projects requiring moderate research and analysis; Contribute feedback to improve Cost Basis Reporting's processes and internal systems and assist in implementing corrective actions and solutions; Conduct data entry into company systems and review and verify information for accuracy and accessibility; Carry out operational tasks following established processes; Use standard office software for basic formatting of letters, memoranda, and routine reports; Maintain files and records; Ensure a positive experience for internal clients through courteous interactions; Assess compliance with established standards and protocols for routine inquiries; Support others by carrying out basic data management tasks; Follow mandatory procedures to ensure quality standards and adherence to regulatory and internal codes of conduct; Develop procedural or technical skills through assessment, development planning, training and coaching; Investigate and resolve discrepancies; Perform daily report review

Requirements

Bachelor's degree in Accounting, Business Administration, or Finance, or High School (HS) diploma (Required); General experience of 4 to 6 months; Knowledge of financial markets and products; Fundamental concepts of calculating capital gains and losses; Fundamental investment concepts, practices and procedures used in the securities industry; Ability to use standard office equipment and software packages; Clear verbal communication skills; Basic numerical and data analysis skills; Must live within commutable distance from the home office

Benefits

Medical, dental, and vision coverage; Life insurance; Critical illness insurance; Accident insurance; Disability benefits; Retirement savings; Paid time off (vacation, holidays, and sick leave); Parental leave