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Trading Operations Manager
Fairport Wealth Cleveland, OH
$86k-155k (estimate)
Full Time 2 Weeks Ago
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Fairport Wealth is Hiring a Trading Operations Manager Near Cleveland, OH

Your Future Team:

Fairport Wealth is a values-based, purpose-driven organization that inspires over 2000 families with comprehensive wealth management solutions. Headquartered in Cleveland, Ohio, we serve clients in six regional markets and are strengthened by the resources of our parent company Hightower Advisors. Our roots date back to a multi-generational business, and we continue to thrive as a supportive, family-oriented organization. Over six decades, we have thoughtfully incorporated teams with visionary founders, each bringing diverse talents, all of whom looked to put the client first.

Fairport Wealth is looking to add someone to lead the trading department of a growing firm. You will have responsibilities serving the multi-office enterprise. There is room to grow within the firm, as it grows. You will manage daily operations of the trading department, manage a small team of portfolio administrators, and influence over portfolio administration strategy and procedures related to the department. RIA experience is a big plus. You will report to the Chief Operating Officer.

What You’ll Do:

  • Manage team of two (2) traders
  • Work in conjunction with Operations Manager and Director of Client Service to manage firm operations
  • Service department liaison to Investment team
  • Model setup, maintenance and management
  • Responsible for maintaining and monitoring Best Execution
  • Trade execution processes and procedures
  • Trading software database management
  • Responsible for portfolio administration across the Enterprise
  • Manage integration of acquired AUM
  • Maintain relationships with trading desks at custodians and Hightower

What You’ll Bring:

  • Bachelor’s Degree
  • 7-10 years of industry experience
  • Experience working on a trading desk
  • Experience managing a team a plus
  • Process oriented, team focused
  • Project management experience required
  • Experience working with portfolio rebalancing software required, experience with Orion Eclipse a plus
  • Critical thinking skills and an aptitude for independent problem-solving
  • Shares Fairport Wealth Core Values: Team Over Self, Engaged, Initiative, Continuous Improvement, Empathetic

What We Offer:

  • Coverage on the first day of employment for medical, dental, and vision insurance
  • Flexible Benefits (FSA, Pre-tax transportation, HSA Employer Contributions)
  • 401k Matching Plan
  • Paid Parental Leave
  • Student Loan Assistance
  • Pet Insurance

AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based on race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or have other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.

Job Type: Full-time

Pay: $90,000.00 - $105,000.00 per year

Benefits:

  • 401(k) matching
  • AD&D insurance
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • On-site gym
  • Paid parental leave
  • Paid time off
  • Tuition reimbursement
  • Vision insurance

Compensation package:

  • Bonus opportunities

Schedule:

  • Monday to Friday

Work Location: Hybrid remote in Cleveland, OH 44115

Job Summary

JOB TYPE

Full Time

SALARY

$86k-155k (estimate)

POST DATE

05/07/2024

EXPIRATION DATE

05/11/2024

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