Managed Account Trader

Raymond James Ltd.; Vancouver; On-site; CAD 60,000 - 65,000; Full time

Job summary

Raymond James Ltd. is seeking a Managed Account Trader for a 12-month contract in Vancouver.

You will oversee fee-based asset stewardship, monitor trade instructions, and coordinate with the trading desk to execute orders while managing FX exposure and quarterly rebalances. The role requires a diploma or degree and at least 2 years of discretionary trading experience with a model-based approach, plus strong MS Office skills and familiarity with Dataphile/Croesus.

Qualifications

• Post-secondary diploma or degree.
• Completion of the CSC and CPH is an asset.
• Minimum of 2 years of industry experience trading in discretionary accounts using a model-based approach.
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, Access).
• Familiarity with Dataphile, Croesus, or similar service provider is an asset.
• Superior analytical and problem solving skills.
• Work within deadlines in a high-volume and demanding environment while maintaining a high level of service and an imperative attention to detail.
• Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills.

Responsibilities

• Monitor e-mail for incoming trade instructions from 3rd party managers on the SMA program as well as internal Raymond James portfolio managers.
• Update models and generate trades for market execution while coordinating with the trading desk on larger orders.
• Query for daily asset movement on the SMA program and amalgamate bulk trading lists for market execution.
• Calculate foreign exchange exposure and arrange for rates on all cross-currency transactions.
• Identify and rebalance accounts with excess cash on a quarterly basis.
• Perform quality control checks on trades.
• Download and distribute weekly/monthly reports.
• Assist with various projects and initiatives related to fee-based accounts.
• Assist with a variety of other duties related to all fee-based platforms.

Skills

Analytical skills

Problem solving

Communication

Attention to detail

Relationship management

Education

Post-secondary diploma or degree

Tools

Microsoft Office

Dataphile

Croesus

Job description

Managed Account Trader - 12 Month Contract

How does the role impact the organization?

As a member of the Asset Management Services team, you will play a vital role in ensuring the accurate stewardship of client’s fee-based assets and the overall goal of increasing fee-based assets and revenues at Raymond James Ltd.

What will your role be responsible for?

• Monitor e-mail for incoming trade instructions from 3rd party managers on the SMA program as well as internal Raymond James portfolio managers.
• Update models and generate trades for market execution while coordinating with the trading desk on larger orders.
• Query for daily asset movement on the SMA program and amalgamate bulk trading lists for market execution.
• Calculate foreign exchange exposure and arrange for rates on all cross-currency transactions.
• Identify and rebalance accounts with excess cash on a quarterly basis.
• Perform quality control checks on trades.
• Download and distribute weekly/monthly reports.
• Assist with various projects and initiatives related to fee-based accounts.
• Assist with a variety of other duties related to all fee-based platforms.

What do we expect from you?

• Post-secondary diploma or degree.
• Completion of the Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) is an asset.
• Minimum of 2 years of industry experience trading in discretionary accounts using a model-based approach.
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, Access) with a willingness and ability to learn new applications.
• Familiarity with Dataphile, Croesus, or similar service provider is an asset.
• Superior analytical and problem solving skills.
• Work within deadlines in a high-volume and demanding environment while maintaining a high level of service and an imperative attention to detail.
• Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills.

We encourage our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm.

Salary Range: $60,000 - 65,000 annually, in addition to competitive performance bonuses/incentives.

Actual compensation will be determined based on skills, experience, internal equity, and other job requirements.

This posting is for an existing vacancy.

At Raymond James – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at [e-mail]. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.

We may use automated or AI-enabled tools to support parts of our recruitment and screening process, including screening, assessing or selecting applicants where applicable. These tools help us review applications efficiently, but they do not replace human decision-making.