Portfolio Administrator/Trader

D.A. Davidson Companies; Richmond (VA); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Medical benefits

401(k) and ESOP

Paid holidays

Tuition reimbursement

Professional development

Charitable gift-matching

Community impact initiatives

Job summary

D.A. Davidson Companies is seeking a trading professional to execute trades for fixed income and equity portfolios.

The role involves building orders, portfolio analysis, and maintaining models within our accounting system, while ensuring compliance and timely settlements. The ideal candidate will have 2+ years of trading experience in a financial services environment, a Bachelor's degree in finance or related field, and strong Excel and organizational skills.

Qualifications

• Bachelor’s degree in finance, business or a related field.
• 2+ years of experience in equity and/or fixed income trading within an RIA, broker-dealer, trust company, or other financial services firm.
• Ability to work independently, think through complex problems, and provide thoughtful, solutions-oriented responses.
• High proficiency in Microsoft Office is required; advanced Excel capabilities are preferred.
• Self-starter with excellent organizational and communication skills, with the ability to multitask in a fast-paced environment effectively.
• Detail-oriented with an ownership mentality towards the quality of your work.
• Collaborative mindset with a commitment to contributing to team success.

Responsibilities

• Execute trades for fixed income and equity portfolios, including:
• Build orders for individual accounts and block trading
• Analyze current and prospective client portfolios to facilitate strategy implementation and tax loss harvesting
• Maintain and update portfolios and portfolio models within our portfolio accounting system; implement and manage client trading restrictions
• Facilitate communication of trade order allocation details between custodians and executing brokers; research/resolve discrepancies to ensure timely trade settlement
• Perform post-trade compliance checks to ensure accuracy of data and compliance with portfolio rules
• Drive initiatives to enhance efficiency and optimize workflows; proactively seek ways to improve the team’s processes
• Perform any other duties and special projects as necessary Adhere to all the firm’s Code of Ethics and Policies and Procedures, as well as its Team Agreement, which is a commitment to the following behaviors: Curiosity, Accountability, Candor, Awareness, Passion, Appreciation

Skills

Independent work

Problem solving

Office proficiency

Organization

Communication

Team collaboration

Education

Bachelor’s degree in finance or related field

Tools

Microsoft Excel

Job description

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Summary:

• Bachelor’s degree in finance, business or a related field
• 2+ years of experience in equity and/or fixed income trading within an RIA, broker-dealer, trust company, or other financial services firm
• Ability to work independently, think through complex problems, and provide thoughtful, solutions-oriented responses
• High proficiency in Microsoft Office is required; advanced Excel capabilities are preferred
• Self-starter with excellent organizational and communication skills, with the ability to multitask in a fast-paced environment effectively
• Detail-oriented with an ownership mentality towards the quality of your work
• Collaborative mindset with a commitment to contributing to team success

Duties:

• Execute trades for fixed income and equity portfolios, including:
• Build orders for individual accounts and block trading
• Analyze current and prospective client portfolios to facilitate strategy implementation and tax loss harvesting
• Maintain and update portfolios and portfolio models within our portfolio accounting system; implement and manage client trading restrictions
• Facilitate communication of trade order allocation details between custodians and executing brokers; research/resolve discrepancies to ensure timely trade settlement
• Perform post-trade compliance checks to ensure accuracy of data and compliance with portfolio rules
• Drive initiatives to enhance efficiency and optimize workflows; proactively seek ways to improve the team’s processes
• Perform any other duties and special projects as necessary Adhere to all the firm’s Code of Ethics and Policies and Procedures, as well as its Team Agreement, which is a commitment to the following behaviors:
• Curiosity (avoid becoming defensive and remaining open to learning)
• Accountability (taking 100% responsibility (no more; no less) for results; no blaming)
• Candor (engaging in courageous truth-telling to increase power and speed in decisions)
• Awareness (tapping every emotional and intuitional resource for decisions)
• Passion (discovering and allowing people to do what they do best)
• Appreciation (expressing gratitude and fostering a culture of sincere cooperation)

What we offer:

• Medical, Dental and Vision
• Company 401(k)and ESOP contribution
• Generous sick, vacation, and maternity/parental leave
• Paid holidays
• Professional Development Opportunities
• Tuition Reimbursement ($15,000 lifetime cap)
• Discounted personal insurance including home, auto and recreational vehicles
• Charitable gift-matching program
• Davidson Day of Giving – Our tradition of positively impacting communities in which we live and work

At D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

ACKNOWLEDGMENT

Please answer all questions carefully. By submitting this application for employment, I certify that all of the above information is true and complete and I understand that any falsification or omission of information made by me may disqualify me from further consideration for employment or, if hired, may result in my termination of my employment at any time during the period of my employment, regardless of the amount of time that has passed. California applicants, please see D.A. Davidson’s California Resident Privacy Policy.