Associate Trader

Advyzon; Lisle (IL); On-site; USD 50,000 - 70,000; Full time

Job summary

Advyzon is seeking an Associate Trader based in Lisle, Illinois. This entry-level position focuses on trading in client accounts, analyzing portfolios, and addressing cash flows. The ideal candidate should possess excellent analytical skills, a degree preference, and a passion for financial markets.

You will interact with stakeholders and support trading operations. On-the-job training will be provided for the right candidate, making this a wonderful opportunity for those starting their career in Asset Management.

Qualifications

• Ability to learn and effectively use Advyzon’s trading software.
• Creative and passionate about investing.
• Integrity is a must for this role.

Responsibilities

• Analyze client portfolios and calculate trades on a daily basis.
• Maintain relationships with key stakeholders in the investment program.
• Support trading operations through various third-party distribution platforms.

Skills

Excellent math and analytical skills

Strong organizational and time management skills

Advanced Excel skills

Solid understanding of financial markets

Ability to problem solve

Education

Bachelor’s degree strongly preferred

Job description

The Group: Advyzon Investment Management (AIM) is a Turnkey Asset Management Program (TAMP) that offers investment solutions and operations outsourcing to advisors. AIM was launched in 2022 as a new subsidiary of Advyzon, which was founded in 2012 with the purpose of building an intuitive, all-in-one technology for advisory firms. AIM provides disciplined investment management solutions built upon an intuitive user experience and personalized relationship based service model. The trading group within AIM is responsible for trading client accounts to keep them in line with model portfolio target allocations.

The Role: We’re seeking an Associate Trader to join our growing team. This person will be responsible for trading in client accounts to address day-to-day cash flows, target drift due to market movements, portfolio allocation changes, tax loss harvesting, and other portfolio changes. This is an entry level role and we are willing to provide on-the-job training for the right candidate. The role is based in our Lisle office.

Responsibilities

• Analyze client portfolios, calculate trades, and execute trades on a daily basis, to keep portfolios in line with assigned AIM, advisor, third party strategist, and unified managed account portfolio targets
• Maintain productive relationships with key stakeholders including advisors, portfolio managers, custodians, third party vendors, other investment operations teams, and other functions within Advyzon to contribute to the efficient operation of our investment program
• The person will play a supportive role in the evolution of the trade team and its processes, escalating operational risks and effectively partnering with technology and global operations resources to address technology barriers
• Support the trading operations associated with running our portfolios through a variety of third-party distribution platforms
• Occasionally, on slow trading days, assist the investment research team with various research, analysis, reporting, and other investment tasks
• As necessary, onboard new advisor accounts and work through transitions, with a critical eye toward taxes, alternative / illiquid securities and account customizations
• Performs other duties as assigned by management

Skills/Qualifications

• Excellent math and analytical skills
• Ability to learn and effectively use Advyzon’s trading software
• Flexible and organized enough to learn and work with software from at least six custodians
• Strong organizational and time management skills - ability to handle fast paced and deadline driven environment
• Excellent attention to detail and accuracy; the person in this role must maintain a sharp focus during market hours and minimize distractions.
• Flexible and adaptable during strategic operational developments.
• The ideal candidate is flexible and adaptable during strategic operational developments
• Integrity is a must in this role
• Advanced Excel skills are advantageous
• Creativity, the desire to innovate, and investing passion.
• Solid understanding of financial markets, money movement and trading attributes, including realized gains.
• Ability to problem solve and determine the most effective method of problem resolutions while complying with corporate and regulatory procedures.

Requirements

• Bachelor’s degree strongly preferred; interest in obtaining MBA, CFP/CFA a plus
• Basic knowledge of a variety of financial products including; managed portfolios, TAMP solutions, stocks, ETFs, and mutual funds
• Previous personal or professional security trading experience is welcome, but not necessary
• A strong interest in financial markets and Asset Management