Asset Management Trading Associate - UMA Trading

Fwainvest; Memphis (TN); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

Retirement savings plan

Paid time off & holidays

Parental leave

Disability benefits

Job summary

Raymond James in Memphis, TN, seeks an Asset Management Trading Associate to support UMA trading. The role involves applying model overlays across managed accounts, executing trades, and resolving issues within a hybrid schedule.

You’ll review reports and collaborate with multiple departments to ensure accurate processing and timely responses. The ideal candidate has 1–3 years of general experience, strong Excel skills, and solid knowledge of securities products such as equities, ADRs, ETFs,

Qualifications

• Knowledge of managed account practices and product types.
• Understanding of banking, finance, and securities trading.
• Ability to calculate transactions accurately and present analysis.
• Bachelor’s degrees in accounting, business or finance are preferred; HS acceptable.

Responsibilities

• Overlay accounts to trading models and execute trades per product guidelines.
• Facilitate team workflow and process trade requests timely.
• Generate reports and review data for accuracy.
• Address inquiries from internal departments and resolve issues.
• Perform tax loss harvesting and asset overlap analyses.

Skills

General knowledge of managed account

Banking and finance principles

Securities industry trading

Equities, ADRs, ETFs knowledge

Mutual funds knowledge

Financial markets understanding

Excel proficiency

Education

Bachelor’s: Accounting

Bachelor’s: Business Administration

Bachelor’s: Finance

High School (HS) (Required)

Tools

Excel

Job description

Asset Management Trading Associate - UMA TradingSkip to main contentThis website uses cookies to ensure you get the best experience on our website. By clicking ‘Accept’, you accept all cookies by default and exit the banner. If you choose Decline, site functionality may be limited. Manage Preferences#Asset Management Trading Associate - UMA Trading page is loaded## Asset Management Trading Associate - UMA TradingApplylocations: Memphis, Tennessee - United Statestime type: Full timeposted on: Posted Todayjob requisition id: R-0011941**Job Description Summary**An individual contributor with recognized skills in a specialized role in the field of Asset Management.**Job Description***This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our corporate office in Memphis, TN.*As part of the AMS Trading team, the Asset Management Trading Associate role uses knowledge and skills obtained through work experience to review and implement model portfolio overlays on several managed account platforms using various exchange-traded products. Under general supervision, uses established procedures and guidelines to perform a variety of trading and analytical tasks requiring evaluation and complex decision-making to execute trades and resolve account issues.**Responsibilities*** Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines.* Facilitate team workflow from multiple sources, ensuring timely processing of trade requests.* Perform a variety of report generation and review.* Field questions and resolve issues from various internal departments and branches.* Perform tax loss harvesting.* Produce overlap analysis on existing and/or new assets.* Perform other duties and responsibilities as assigned.**Skills:*** General knowledge of managed account practices.* Principles of banking and finance and securities industry trading and operations.* Knowledge of products, including equities, ADRs, ETFs, UCITs, and Mutual Funds.* Financial markets and investment products and services.* Mathematical ability sufficient to calculate transactions accurately and efficiently.* Intermediate Excel experience.* Advanced analytical skills: analyze data to draw logical conclusions and interpret results for use in decision-making.* Personal resilience while providing high-level customer service in a fast-paced environment.* Problem-solving sufficient to effectively analyze, research, and resolve inquiries and issues in a timely manner.* Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.* Organize, prioritize, and manage multiple activities/tasks simultaneously and complete work efficiently.* Communicate effectively and professionally, both orally and in writing.* Ability to work independently as well as collaboratively within a team environment.* Attention to detail while maintaining a big-picture orientation.* Identify the needs of customers through effective questioning and listening techniques**Licenses/Certifications:*** None required.**Education**Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance, High School (HS) (Required)**Work Experience**General Experience - 13 months to 3 years**Certifications****Travel**Less than 25%**Workstyle**HybridThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect 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 firmAt Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.