What are the responsibilities and job description for the Portfolio Trading Strategist position at focuspartners?
PORTFOLIO TRADING STRATEGIST
St. Louis, MO
The Portfolio Trading Strategist works on the Portfolio Onboarding and Trading Team. The Portfolio Trading Strategist’s primary responsibility is to manage all portfolio/investment related activities for their respective wealth management teams. They are responsible for implementing the investment strategy, managing appropriate cash balances, and identifying opportunities for rebalancing, portfolio improvement, and tax loss harvesting. A successful Portfolio Trading Strategist will conduct all daily, weekly, and monthly portfolio reviews.
Primary Responsibilities
- Deep understanding of our investment philosophy and the investments we use.
- Responsible for setting up clients in rebalancing software and updating targets when a client’s allocation changes.
- Run rebalancing software to identify client portfolios that are out of balance and to determine what action, if any, should be taken.
- Cash Flow Planning and Cash Management.
- Identify opportunities to harvest losses as well as opportunities to switch to a more tax-efficient (or more preferred) investment vehicle.
- Develops recommendations for client accounts for which we do not maintain discretion.
- Provide superior, friendly and knowledgeable service by telephone and e-mail with financial advisors
- Effectively prioritize work to meet trade deadlines and service level agreements
- Other duties will be assigned as needed