Trade Support Associate at Kayne Anderson Rudnick in Los Angeles, California

Posted in Other about 4 hours ago.

Type: full-time





Job Description:

Kayne Anderson Rudnick Investment Management (KAR) a Registered Investment Advisor based in Los Angeles, is currently searching for a Trade Support Associate.

Responsibilities:

Trade Desk Support - Global Equity Focus

o Liaisons between Trading, Operations, & Portfolio Implementation teams in resolving issues, with a focus on international strategies

o Execute Private Model only trades in GWP with direction from the Institutional Trading Desk

o Organize Charles River Trade Blotter when new orders and programs are initiated.

o Monitor blocks and adjust blocks as needed.

o Book trades in CRD and send thru to post-trade.

o Perform End of the day checks:

o Charles River OMS and Newport EMS liaise.

Trade Execution Analytics and Reporting

o Responsible for end of day trading reporting, commission reports, and quarterly Best Ex reports.

o Assist in enhancing TCA reporting.

o Assist in FX TCA review.

o Project lead for issues involving the Trading Desk.

Administrative management of accounts:
  • Verify accuracy and suitability of client new account paperwork
  • Monitor Sponsor platforms and e-mails for account activity, withdrawals, deposits, etc.
  • Generate various reports for WRAP Trading and Portfolio Management Associate teams
  • Document and file paperwork
  • Maintain Program trade database and WRAP sponsor list
  • Coordinate and respond to sponsor inquiries
  • Distribute client paperwork to necessary parties

Risk Management
  • Review Program trades for all accounts
  • Reconcile strategy models
  • Generate and review strategy drift reports
  • Keep current on Corporate Actions that impact the portfolios

MINIMUM QUALIFICATIONS: (education, experience, certifications, licenses & skills required)
  • 2 to 4 years relevant investment experience
  • Proficient in MS Excel (sort, search, link, pivot tables, formatting, formulas, macros, VB, etc.)
  • Ability to competently handle multiple projects and/or tasks simultaneously and meet deadlines
  • Strong organizational skills, attention to both detail and the big picture
  • Microsoft Office (Word, Excel, Outlook, Access, Explorer)
  • Proficiency in the following programs or systems would be a plus: Bloomberg, Charles River, GWP, Factset, Vestek, Fiserv APL & MMS
  • Strong communication skills
  • Able to work as a team
  • Perform well under pressure
  • Proactive and inquisitive about markets, financial theory, investment management industry

In addition to Vacation, PTO benefits and a generous 401(k) company match, KAR is proud to offer its employees benefits:
  • Competitive Pay
  • Medical, Dental, and Vision Insurance
  • Life and Disability Insurance
  • Health Savings Account with a Company Match
  • Flexible Spending Accounts including Dependent Care
  • Wellness Program
  • Tuition Reimbursement
  • 24-Hour Employee Assistance Program
  • Adoption Assistance
  • Paid Family Care Time
  • Paid Volunteer days
  • Paid parking
  • Gym onsite
  • Fully stocked kitchen- lunch provided
  • Hybrid 3/2 remote (subject to change)

KAR is made up of diverse, talented, and passionate employees working together to achieve a common and rewarding goal: providing high quality investment strategies and wealth solutions for our clients. We are currently seeking candidates who possess the skills, vision, and determination to excel in their chosen fields.

Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring.

KAR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

For additional general information on Kayne Anderson Rudnick, please access the firm's web site at www.kayne.com.

Salary Range: $67,000- $95,000

The starting salary offer will vary based on the applicant's education, experience, skills, abilities, geographic location, internal equity, and alignment with market data.
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