We are seeking a highly motivated candidate with over 3 years of financial services experience, including proficiency in utilizing Tamarac portfolio management software, to join our trading team. The Trading Associate will support the Head of Trade Execution implement investments on behalf of the Investment Committee, Wealth Advisors, and Client Service Team, ensuring timely and accurate trade execution. Core duties will include firm-wide block trade execution, day-to-day trade execution and operations, firm-wide portfolio management, and portfolio model creation. This role will collaborate closely with various departments, including research, compliance, and client service & operations, to facilitate effective portfolio management across the firm.
Responsibilities • Assist Head of Trade Execution in firm-wide block trading functions including model creation and portfolio analysis, client participation, trade execution, trade allocation, and post-trade records and documentation • Assist with daily trading requests and operations for internal staff across different asset classes, including equities, fixed income, cash management, and alternatives • Ability to execute trades at multiple Custodians • Domain expert in Tamarac Reporting and Trading; ability to leverage technology integrations to drive firm trading efficiencies • Attend weekly Investment Communication Meetings to understand Investment Committee strategy and recommendations • Assist Head of Trade Execution prepare and monitor firm-wide portfolio management KPIs such as model deviation, cash, target asset allocation, trade errors, and non-guidance list securities • Assist with trade error and cancel rebill process and any remediation required to prevent future occurrences
Requirements • Bachelor's degree in finance, economics, or business preferred • FINRA Series 65 license • 3+ years industry experience, preferably in a trading and/or portfolio management role • Experience using Tamarac Reporting and Trading technology solutions (or equivalent) preferred • Equity and mutual fund trading experience, fixed income a plus • Understanding of financial markets, trading principles, and investment strategies • Familiarity with industry Custodian platforms (TD Ameritrade/Charles Schwab, Fidelity)