Senior Trader

Job Description

GENERAL JOB DESCRIPTION

The Senior Trader in Investment Operations is responsible for trade execution, reconciliations, and trade support to advisors/portfolio managers and other operations team initiatives. This role provides both strategic and tactical perspectives to ensure the Investment Operations team efficiently meets the trading needs of the firm. Relationship manager and primary point of contact to service providers whose applications serve critical functions to support the investment process needs of the entire firm. In addition, the Senior Trader partners with the other Senior Traders and the Trading Team Manager on a varied and diverse set of tasks for both short and long-term goals.

MAJOR DUTIES AND RESPONSIBILITIES

Execute, allocate, and reconcile trades in a timely manner

Maintain and rebalance portfolios across different strategies

Work with firm portfolio managers to implement model changes and manage cash needs for strategy accounts

Support trading requests from advisors and portfolio managers

Update and maintain reports daily, weekly, and monthly to monitor model and strategy accounts

Liaise with operations team members to resolve any critical/complex problems related to specific trading transactions or processes

Ensure trade workflow is operating with efficiency, quality, and accuracy

Deal with complex issues utilizing appropriate channels and resources

Support service requests ensuring compliance and risk mitigation practices are followed

Identify, communicate, and monitor discrepancies and workflow issues between the custodian, trading platform, and accounting system.

Under limited supervision, assumes autonomy and independent decision authority for administering moderately complex trading and operations tasks

EXPERIENCE/CREDENTIALS

B.A. or B.S. degree, in Finance, Accounting, or related field

Minimum 5 years of experience in trade desk and securities operations

Demonstrated knowledge of trade executions

Demonstrated proficiency with portfolio accounting and trading systems is preferred: Tamarac, FIX Flyer Co-Pilot

Experience in general business applications: Salesforce, Excel, Word, SharePoint

Demonstrated proficiency with general business applications (Outlook, Word, Excel, Adobe)

COMPETENCIES

Team player with the ability to multi-task, work under pressure and resolve problems and conflicts

Strong quantitative and analytical skills; organized, detail-oriented

Able to meet deadlines, while still maintaining flexibility to prioritize and execute to meet client and firm needs and support peak volumes

Strong systems knowledge and technology skills; ability to learn other MAI financial software tools and stay abreast of software updates

Keen interest in and knowledge of the markets

Committed to promoting best practices in the application of policies, procedures and elements of governance affecting operational risk through the firm

Excellent oral and written communication skills

Strong organizational and interpersonal skills with a demonstrated commitment to teamwork and partnerships

Risk management focused

Maintains absolute confidentiality of all client information and safeguards client and firm data; maintains high ethical standard in all practices

Professional and positive demeanor, superb work ethic, high level of personal ethics and integrity

FEATURED BENEFITS:

Discretionary Bonus

Medical Insurance

Dental Insurance

Vision Insurance

401(k)

Health Savings Account

Paid Maternity Leave

Paid Parental Leave

Tuition Reimbursement

Full-time