Trader | Retirement & Investment

Essential Duties and Responsibilities:

Account Trading:

• Proactive oversight of all trading functions including trading individual accounts, block trading, order entry, order management, trade confirmation, and reconciliation.
• Monitor account allocations, cash levels, and individual positions relative to allocation strategies and models for accuracy and drift.
• Creation and processing of trade tickets; confirmation of trade execution and account positions. Maintenance of books and records related to all trading functions.
• Responsible for monitoring all trading activity and performing various account reconciliations based on drift.

Operations / Account Maintenance:

• Oversight of account setup and maintenance of client demographic data, investment model assignments, and alignment to target investment models/portfolios. Input to new account process and account billing preparation.
• Support advisor inquiries and resolution of client issues pertaining to trading and/or portfolios including pre-trade impact analysis and investment model alignments.
• Audits of account setup data/parameters in the trade order management system.
• Pre-trade impact analysis and regular "drift" reporting and investment model alignment.
• Maintenance of several financial and custodial systems, automated spreadsheets, and database applications as assigned and required.
• Maintenance of Quarterly Performance reporting batches in Albridge/Wove for printed or emailed documents.
• Summary of asset flows by custodial and/or advisory relationship including monthly detail on new assets and redemptions.
• Preparation of various detail and summary reports and reconciliation of such reports with source documentation (general ledger, financial statements, subsystem reports, etc.), researching any differences and pursuing corrective action as needed. Asset and performance updates and reports for Investment Databases.
• Due diligence support and/or reporting to strategic partners on total assets, asset types, and asset sources.

Preferred Qualifications:

• Highly motivated self-starter, strong work ethic, attention to detail, and ability to prioritize and multi-task effectively in a fast-paced environment working collaboratively and independently.
• Ideal candidate will have at least 1+ years of related trading experience, ideally with an RIA, wealth management firm, or investment services firm.
• Proficiency using MS Office
• Exposure to trading software such as iRebal, Fidelity Rebalancing tool etc.
• Exposure to various custodial platforms (Fidelity, Schwab, etc. ).
• Exposure to various investment/operational software ( Morningstar Office, Albridge, Redtail etc. )

Qualifications Required:

• High School Diploma or GED
• Zero to two years of professional, investment experience
• Possesses fundamental knowledge of industry and professional concepts, principles, practices and procedures
• Possesses fundamental knowledge of pertinent laws, regulations and professional standards
• Proficient use of applicable technology
• Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
• Experience performing work that requires initiative and leadership skills
• Series 6 license, plus any other licenses as required by law
• Ability to anticipate and elicit customer needs
• Ability to self-learn and develop business and technical knowledge quickly
• Motivated team player with demonstrated interpersonal skills
• Comfortable working with quick turnaround times and deadlines
• Excellent communication skills with the ability to effectively interact with individuals at all levels of the organization
• Capacity to adapt and work effectively within a variety of situations, and with various individuals or groups
• Display innovative ideas and solutions and capacity to identify and eliminate redundant work efforts and inefficient processes
• Ability to travel as necessary

#LI-OD1 #LI-Hybrid