Senior Trade Execution Specialist

Description

At Corient, we help high- and ultra-high-net-worth individuals and families to enjoy a full life, while enabling them to preserve their wealth for future generations, and provide for the people, causes and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you. Responsibilities

• Complete trade execution for various categories of trades across the platform, including but not limited to: rebalancing, tax loss harvesting, one-off trades, changes to asset allocation, margin clears, liquidity needs

• Enter, manage, and complete stock, bond, ETF, option, and mutual fund trades as well as direct separately managed account cash flows

• Properly run rebalancing process, including:

  • Setup, assign, maintain, and monitor accounts within rebalancing software

  • Rebalance client portfolios in accordance with advisor / investments team guidance

• Ensure accuracy and timeliness of firm trade execution

• Monitor drift vs. models for client portfolios with timely reporting to advisor/investment teams

• Perform ongoing maintenance in portfolio reporting system and trading rebalancer to ensure accurate client profile attributes and target allocations

• Perform ongoing trade review and reconciliation of all trades

• Onboard new client relationships into portfolio reporting system, including: target allocation, client profile attributes, and importing outside assets

• Maintain account and system settings within trading and reporting software systems

 

Qualifications & Requirements

• Bachelor’s degree from an accredited university required, preferably in Finance or Economics.

• 4 years of relevant work experience.

• Exceptional analytical skills with significant knowledge of Microsoft Excel

• Experience with Salesforce, Portfolio Accounting Software, Microsoft Suite, Market Data hubs, Execution venues preferred

• Experience with trading operations and protocols, preferably within the asset management industry or at an institutional custodian (i.e. Charles Schwab and Fidelity).

• Demonstrated knowledge of portfolio construction and tax-efficient portfolio management strategies (i.e. asset location, tax-loss harvesting, etc.).

• Awareness of and ability to follow escalation procedures

• Thorough understanding of importance of liquidity needs and appropriate cash management procedures

• Ability to be organized, detail oriented, and self-motivated while balancing multiple priorities in a fast-paced environment

• Set high quality standards and strive for continues improvement and quality assurance

• Passion for problem-solving both individually and as part of a team

• Strong verbal communication skill to coordinate with clients, advisors, and other team members

• Interest in financial markets, investments and investment strategies, and wealth management

 

This position description is intended to provide a general overview of the expectations and responsibilities of this position and may not include all tasks that may be assigned. As the nature of business demands change, so may the functions of this position. Additional duties and responsibilities may be assigned with or without notice.

 

Pay Information

 

This position is exempt and is paid according to the laws of the State of California. The pay range for this position is $79,050-110,000 USD per year. We are required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience.

Physical Requirements: This position requires the physical capabilities to work in an office environment, which may include prolonged periods of sitting at a desk and working on a computer. Corient seeks to make reasonable accommodations that enable individuals with disabilities to perform essential duties when possible. This position may require the ability to lift up to 15 pounds. This position is required to work onsite 4 days per week.   What You can Expect from Us: Our dedication to the Employee Experience at Corient is aimed at supporting, empowering, and inspiring our talented team through:   401(k) Plan with Employer Matching  Four Medical Plan options that is generously subsidized by Corient Employer paid Dental, Vision & Life and AD&D Insurance  Employer paid Short-term & Long-term Disability   Paid Maternity & Parental Leave  Flexible Spending Accounts & Health Savings Accounts Dependent Care FSA  Commuter & Transit FSA  Corporate Discount Program - Perkspot  Training Reimbursement   Paid Professional Designations   Giving back to the community  Volunteer days   Corient is one of the fastest-growing wealth management platforms in the United States. We serve more than 10,000 clients and manage over $100 billion of assets through offices located across the country. We combine a boutique's personal service, creativity and objective advice with the extensive resources and vast intellectual capital of an innovative industry leader to create a profoundly different wealth management experience for our clients.  Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honor this commitment in their daily responsibilities.  We are an equal opportunity employer. All candidates will be recruited and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any other basis prohibited by law. Corient is one of the fastest-growing wealth management platforms in the United States. We serve more than 10,000 clients and manage over $100 billion of assets through offices located across the country. We combine a boutique's personal service, creativity and objective advice with the extensive resources and vast intellectual capital of an innovative industry leader to create a profoundly different wealth management experience for our clients.  Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honor this commitment in their daily responsibilities.  We are an equal opportunity employer. All candidates will be recruited and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any other basis prohibited by law.