Job Description
Job Description
Job Description
Description:
Essential Duties and Responsibilities:
- Trading
- Complete daily trade requests accurately and timely
- Portfolio Rebalancing – Collaborate with wealth management team to analyze and rebalance client portfolios, ensuring alignment with target allocations
- Follow-up with applicable advising teams within reason to ensure end-client needs are met, especially in regard to discretionary accounts
- Own the block trading process of order generation, review, and execution
- Be a SME of trading software to be additive in the conversation of new strategies and operations
- Maintain a record and provide analysis on block trade execution
- Reporting: Generate trade confirmations, performance reports, and compliance documentation as required
- Technology & Systems - Utilize and maintain trading platforms to optimize trade execution and minimize costs
- Compliance - Ensure all trades and activities comply with SEC, FINRA, and firm-specific regulatory requirements
- Process Improvement - Identify and implement opportunities to streamline trading processes and improve operational efficiency
- Own the duties and ask for support from supervisor as needed to resource tasks in which deadlines could be missed and/or additional expertise is needed
- Operational Support
- Run reports to identify firm risk
- Drift report: Identifying accounts that have out-of-tolerance asset allocations
- Run high cash report, and sift through data to identify high cash accounts
- Reach out to service teams to obtain solutions
- Work with back-office teams (Operations) to ensure data integrity and efficient workflows
- Upload daily account restrictions into AdvisorPeak
- Review Performance Composite Outliers
- Process 717 Client Agreements
- Bill 717 Managed Accounts
- Advisor reporting Requests
- Act as 717 CSA for Outside Advisors
- Report on 401k/403b plan investments
- Report on Annuity investments
- Communications
- Writing and distributing Daily Market Update each day
- Drafting Weekly Market Update by EOD Friday each week
- Own the duties and ask for support from supervisor as needed to resource tasks in which deadlines could be missed and/or additional expertise is needed
- Miscellaneous
- Respond to phone calls, texts, and e-mails in a timely fashion
- Follow and adhere to Company policies, procedures, and guidelines
- Willing to learn the industry and help us maintain and grow our marketplace position
- Attend business meetings and trainings as required
- Perform other administrative tasks and special projects as assigned
Requirements:
Experience (preferred or required):
- Associate's degree in business, finance, or a related field required, Bachelor’s degree preferred
- 2+ years of experience at a financial services firm preferred
- Knowledge of financial markets and technology required
- Strong analytical and problem-solving skills with a focus on process improvement required
- Attention to Detail - Meticulous and accurate in trade execution and reporting required
- CRM software experience preferred; Salesforce preferred
- Portfolio management software experience required, Addepar preferred
- Strong working knowledge of MS Office including Word, Excel, Outlook, PowerPoint, and Teams required
Position Requirements and Skills:
- Maintain a professional attitude and appearance
- Possess the ability to connect with a variety of personalities
- Live out Faithward Formula
- Exhibit strong leadership skills – leads by example and helps motivate others to do their best
- Utilize extremely strong phone skills – high energy and passion for helping others
- Be a team player who thrives working with a tight-knit company where their activities directly affect the bottom line
- Be enthusiastic about providing the best possible customer service for clients and customers
- Possess a roll up your sleeves, and all hands-on deck mentality to cross-functional tasks and assignments
- Be self-motivated and results driven with proven ability to succeed – desire to grow both professionally and personally
- Possess strong relationship management and the ability to drive multiple tasks to completion successfully
- Be a resourceful team player and a positive “can-do” attitude
- Have the ability to work in a fast-paced environment
- Think and act like an entrepreneur and take an ownership mentality in all that is done in this position
- Be detail oriented and helpful
- Have the ability to perform accurate data entry within specified time frames
- Possess the ability to use or quickly learn specific CRM and other business software
- Exhibit outstanding written, grammar, & verbal communication skills with ability to interact with all levels of an organization
- Possess excellent organization, problem solving, and planning skills
- Demonstrate excellent time management skills and ability to adhere to schedules/deadlines
- Be dependable and safety oriented
- Have the ability to work some nights and weekends as needed
- Produce a negative pre-employment drug screen and have the ability to pass a criminal background check
- Maintain a good attendance record and travel as required
Job Tags
Night shift, Weekend work,