Associate, Investment Operations and Trading

About Cresset

Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning, and other services through Cresset Asset Management, an SEC registered Investment Advisor, which has surpassed $40 billion in assets under management. Cresset Partners, our private investing group, offers clients direct access to real estate, private equity, and other investment opportunities. Since Cresset’s inception in 2017, the firm has grown to over 450 team members in more than twenty offices throughout the United States. Cresset ranks #9 on Barron’s list of the top 100 RIA firms.

Our company is actively seeking an Associate, Investment Operations & Trading, who will be a key member of the Investment Operations & Trading team. One of the many services that Cresset provides involves managing portfolios for individuals/families and their related businesses or charitable entities. Experience with trading and using custodial platforms and order management/portfolio rebalancing systems is preferred.

Responsibilities include:

Investment Operations Support

Develop an understanding of the firm’s investment platform and portfolio management

Utilize technological skills to effectively problem solve, drive operational efficiency, improve processes, ensure accuracy, and elevate client value

Assist with department controls and compliance reporting

Assist in troubleshooting issues related to trading, portfolio management, investments, etc.

Assist with data management of trading and rebalancing platform, and related technology

Proactive and timely communication

Trading

Accurate and timely execution of incoming trade requests submitted by advisors

Develop a comprehensive understanding of trading strategies for a multitude of asset types, including but not limited to equities, mutual funds, interval funds, fixed income, options, etc.

Post-trade reconciliation to identify and resolve discrepancies in a timely manner

Problem solve and quickly correct trade issues, including errors, allocation or settlement issues and initiating trade corrections as needed to minimize market risk

Assist and train advisors on tools related to trading and rebalancing platform

In addition to these core responsibilities, the Associate, Investment Operations & Trading may also be involved in supporting key initiatives, ad hoc projects, and other efforts at both the department and firm level. It is critical that the Associate, Investment Operations & Trading possess strong communication skills, be self-motivated, comfortable juggling multiple tasks and priorities, capable of working in a dynamic, fast-paced environment and is eager to foster and deepen relationships in order for Cresset to best serve its clients and continue to grow as successfully as it has since its inception.

Qualifications:

Bachelor's degree required in Business, Finance, or related field

1-2 years of experience in wealth management preferred

Experience trading equities is required

Extremely high attention to detail & analytical thinker with the ability to perform tasks with a high degree of accuracy and efficiency

Exceptional organizational and time management skills

Strong math skills

Excellent communication skills, both written and oral

Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint and Outlook)

Strong computer skills, specifically Microsoft Excel advanced functions including Pivot Tables, vLookups, etc.,

Experience with Power BI a plus

Experience with Addepar, RedBlack, and Salesforce a plus

Strong focus on continuous process improvement, including innovating, adopting, and leading best practices

Ability to learn and adapt to new technology

Cultivate a strong investment and wealth management knowledge base across public and private markets

Demonstrated passion for delivering exceptional client service

Must be a team player willing to contribute in a variety of ways to advisor teams and the broader Cresset team

Ability to develop and maintain collaborative relationships internally and externally with custodian partners and technology vendors

Ability to exercise judgment in managing confidential or sensitive information

Comply with all client, firm, and regulatory requirements

High degree of professionalism and flexibility and able to perform successfully in a service-oriented, fast-paced, high-growth and frequently changing environment and aligned with Cresset’s values and culture

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. As such, Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.