Senior Trader

GENERAL JOB DESCRIPTION

The Senior Trader in Investment Operations is responsible for trade settlements and trade reconciliations, the quarterly reporting process, account billing process, contributions, and client requests. This role provides both strategic and tactical perspectives to ensure the Investment Operations team efficiently meets the Trading needs of the firm. Relationship manager and primary point of contact to service providers whose applications serve critical functions to support the investment process needs of the entire firm. In addition, the Senior Trader partners with the Senior Trader and Team Leader and Director of Operations on a varied and diverse set of tasks for both short and long-term goals.

MAJOR DUTIES AND RESPONSIBILITIES

• Allocate, execute, and reconcile trades in a timely manner.
• Process paperwork for special orders
• Maintain and rebalance portfolios across strategies.
• Review security transactions
• Liaise with operations to resolve critical/complex problems related to specific trading transaction or processes.
• Deal with complex issues utilizing appropriate channels and resources.
• Support service requests ensuring compliance and risk mitigation practices are followed.
• Identify, communicate, and monitor discrepancies and workflow issues between APX and Moxy
• Works with firm portfolio managers in creating trades across various models and strategies based on the portfolio manager’s weighting.
• Update and maintain reports daily, weekly and monthly to monitor model and strategy accounts.
• Produce ad hoc reports for traders and portfolio managers.
• Under limited supervision assumes autonomy and independent decision authority for administering moderately complex trading and operation tasks
• Ensure trade workflow is operating with efficiency, quality, and accuracy.
• Use Jets system to balance options trades daily.
• Use Moxy to APX trade rebalance.
  
  

Experience/Credentials

• B.A. or B.S. degree, in Finance, Accounting, or related field
• Minimum 5 years of experience in trade desk and securities operations
• Demonstrated knowledge of trade executions
• Certified Securities Operations Professional (CSOP), Certified Trust Operations Professionals™ (CTOP™), or other similar designation a plus
• Demonstrated proficiency with portfolio accounting systems, investment research & data systems, and general business applications (Outlook, Word, Excel, Adobe, PowerPoint)
  
  

COMPETENCIES

• Team player with the ability to multi-task, work under pressure and resolve problems and conflicts.
• Strong quantitative and analytical skills; organized, detail oriented.
• Able to meet deadlines, while still maintaining flexibility to prioritize and execute to meet client and firm needs and support peak volumes.
• Strong systems knowledge and technology skills; ability to learn other MAI financial software tools and stay abreast of software updates.
• Keen interest in and knowledge of the markets
• Committed to promoting best practices in the application of policies, procedures and elements of governance affecting operational risk through the firm
• Excellent oral and written communication skills
• Strong organizational and interpersonal skills with a demonstrated commitment to teamwork and partnerships
• Risk management focused.
• Maintains absolute confidentiality of all client information and safeguards client and firm data; maintains high ethical standard in all practices.
• Professional and positive demeanor, superb work ethic, high level of personal ethics and integrity
  
  

FEATURED BENEFITS:

• Discretionary Bonus
• Medical Insurance
• Dental Insurance
• Vision Insurance
• 401(k)
• Health Savings Account
• Paid Maternity Leave
• Paid Parental Leave
• Tuition Reimbursement