Investment Trading Specialist

MAI Wealth Management, Inc.; Independence Township (OH); On-site; USD 50,000 - 62,000; Full time

Job summary

MAI Wealth Management, Inc. in Independence, OH is seeking a Trader to handle trade execution, settlements, reconciliations and trade support for advisors and portfolio managers.

The role collaborates with Senior Traders and the Trading Team Manager on diverse tasks to meet short and long-term goals. The ideal candidate will have a finance-related bachelor's degree and 1–2 years in trade desk/operations, plus proficiency with Tamarac and spreadsheet/CRM tools.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting or related field.
• 1 - 2 years of experience in trade desk and securities operations is preferred
• Demonstrated proficiency with portfolio trading systems is preferred: Tamarac, Flyer Co-Pilot
• Experience in general business applications: Excel, PowerPoint, Word, SharePoint, Microsoft Dynamics CRM

Responsibilities

• Execute, allocate, and reconcile trades in a timely manner
• Process paperwork for trade order execution and trade settlement
• Maintain and rebalance portfolios across different strategies
• Work with firm portfolio managers in creating trades across various models and strategies
• Support trading requests from advisors and portfolio managers
• Review security transactions
• Liaise with operations to resolve critical/complex problems related to trading transactions 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 between trading and accounting systems
• Update and maintain reports daily, weekly and monthly to monitor model and strategy accounts
• Produce ad hoc reports for traders and portfolio managers
• Administers moderately complex operation tasks
• Ensure trade workflow is operating with efficiency, quality, and accuracy
• Reconcile accounts versus custodial positions daily before market open

Skills

Quantitative skills

Analytical skills

Communication skills

Teamwork

Attention to detail

Organization

Education

Bachelor's degree in Finance, Economics, Accounting or related field

Tools

Tamarac

Flyer Co-Pilot

Excel

PowerPoint

Word

SharePoint

Microsoft Dynamics CRM

Job description

MAI Wealth Management, Inc. in Independence, OH is seeking a Trader to handle trade execution, settlements, reconciliations and trade support for advisors and portfolio managers.

The role collaborates with Senior Traders and the Trading Team Manager on diverse tasks to meet short and long-term goals. The ideal candidate will have a finance-related bachelor's degree and 1–2 years in trade desk/operations, plus proficiency with Tamarac and spreadsheet/CRM tools.