Portfolio Trader

AssetMark; Town of Charlotte (NY); On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

Flex Time or Paid Time Off

401K – 6% Employer Match

Medical, Dental, Vision benefits

Hybrid Work Schedule

Job summary

AssetMark is seeking a Trading Operations professional in New York to review portfolios, execute and validate trades, and monitor results. You’ll collaborate with teams across Trade Production, Portfolio Management, and Client Service to ensure accuracy and timely processing.

The role emphasizes tax-aware trading, model changes, and cash management within established guidelines. A Bachelor's in Finance or related field and 2–5 years of relevant experience are preferred, with a base salary range

Qualifications

• Working knowledge of portfolio construction and investment operations workflows.
• Ability to review detailed information, apply guidelines, and make decisions under time pressure.
• Strong attention to detail and analytical problem-solving skills.
• Clear written and verbal communication for non-technical stakeholders.
• Proactive and collaborative approach to resolving issues and improving processes.

Responsibilities

• Review portfolio and account information to identify trade requirements.
• Generate, review, and execute portfolio-level trades per guidelines and tax considerations.
• Support scheduled and event-driven trading activity, including rebalancing and tax harvesting.
• Validate trade instructions and cash requirements before execution.
• Perform post-trade reviews and reconciliations and escalate issues.
• Investigate exceptions and coordinate with cross-functional teams to resolve them.
• Provide explanations on trade activity, portfolio impacts, and processing status to internal teams.
• Maintain records and documentation for trade decisions and controls.
• Identify process gaps and propose improvements to increase accuracy and efficiency.
• Use dashboards and metrics to monitor workflow performance and drive improvements.

Skills

Portfolio construction

Model-based investing

Rebalancing

Cash management

Tax-aware trading

Investment operations

Attention to detail

Analytical problem-solving

Effective communication

Education

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

Tools

Vestmark

InvestCloud

BlackRock Aladdin

Salesforce

Microsoft Excel

Job description

Responsibilities

• Review portfolio and account information to identify trade requirements related to portfolio drift, model changes, tax-aware trading, cash management, scheduled activity, and approved client or advisor requests.
• Generate, review, and execute portfolio-level trades in accordance with investment guidelines, client restrictions, model allocations, tax considerations, and established Trade Operations procedures.
• Support scheduled and event-driven trading activity, including dollar-cost averaging, withdrawals, tax harvesting, corporate action activity, model changes, rebalancing, and other approved portfolio updates.
• Validate trade instructions, account eligibility, restrictions, cash requirements, quantities, and expected outcomes before releasing activity for execution.
• Perform post-trade reviews and reconciliations to confirm that activity was completed accurately and that exceptions, breaks, or unexpected results are identified and escalated promptly.
• Investigate trading exceptions and operational issues, determine the appropriate resolution path, and collaborate with Trade Production, Trade Execution, Portfolio Management, Client Service, and other partners as needed.
• Respond to internal client-facing teams with clear, timely, and well-supported explanations regarding trade activity, portfolio impacts, processing status, and operational requirements.
• Maintain accurate records and supporting documentation for trade decisions, exception resolution, account activity, and other operational tasks in accordance with applicable procedures and controls.
• Identify process gaps, recurring errors, manual dependencies, and control weaknesses, and recommend practical improvements that strengthen accuracy, efficiency, and scalability.
• Use operational metrics, dashboards, and reporting to monitor workflow performance, identify trends and outliers, and support fact-based improvements to trade execution and service delivery.
• Contribute to the development and maintenance of clear SOPs, job aids, process documentation, and training materials for consistent execution across onshore and offshore teams.
• Partner with team members and cross‑functional stakeholders to standardize workflows, improve handoffs, reduce rework, and support effective implementation of approved process changes.
• Follow all applicable policies, procedures, risk standards, and supervisory controls; escal…

Knowledge, Skills, Abilities

• Working knowledge of portfolio construction, model‑based investing, rebalancing, cash management, tax‑aware trading, and investment operations workflows.
• Demonstrated ability to review detailed information, apply documented guidelines, identify exceptions, and make sound decisions under time‑sensitive conditions.
• Strong attention to detail and analytical problem‑solving skills, with the ability to connect trading activity to portfolio and client outcomes.
• Effective written and verbal communication skills, including the ability to explain trade rationale, processing requirements, and exceptions to non‑technical stakeholders.
• Proactive and collaborative approach to resolving issues, improving processes, and supporting team performance.
• Ability to work independently in a fast‑paced, market‑oriented environment while managing competing priorities and required service levels.

Education & Experience

• Bachelor's degree, preferably in Finance, Economics, Business, or a related field.
• 2-5 years of experience in portfolio trading, investment operations, portfolio management, wealth management, or a related financial services role.

Preferred Qualifications

• Experience with portfolio management, rebalancing, or trading platforms such as Vestmark, InvestCloud, BlackRock Aladdin, or similar systems.
• Experience supporting managed accounts, model portfolios, tax‑aware trading, or advisor‑directed investment workflows.
• Familiarity with Salesforce or similar case and workflow management applications.
• Proficiency in Microsoft Excel, including filters, formulas, pivot tables, and data validation.
• Experience using operational reporting, dashboards, or workflow metrics to identify trends and improve process performance.
• Experience documenting procedures, delivering peer training, or supporting process standardization across distributed teams.

Compensation

The Base Salary range for this position is between $70,000-$80,000. This information reflects a base salary range that AssetMark reasonably expects to pay for the position based on a number of factors which may include job-related knowledge, skills, education, experience, and actual work location. This position will also be eligible for additional variable incentive compensation and competitive benefits.

Candidates must be legally authorized to work in the US to be considered. We are unable to provide visa sponsorship for this position.

Who We Are & What We Offer

We are AssetMark, a company on the move, shaping the future of financial services. Growth is in our DNA. Every day, we combine technology, insight, and collaboration to create new possibilities for advisors, for our people and for our investors.

Our Mission

Our mission is simple: to help our 10,500+ financial advisors make a meaningful difference in their clients’ lives. We do this by combining powerful technology, holistic support, and expert consulting to help advisors run stronger, more efficient businesses.

Our Values

• Heart.
• Client Success.
• Integrity.
• Respect.
• Excellence.

Our values are how we show up every day. We believe in: Leading with Heart, in truly making a difference in the lives of others: teammates, clients, investors and communities. Obsessing over Client Success, bringing a relentless focus on what matters to clients that sets us apart and creates loyal, lasting relationships. Unyielding Integrity, doing what’s right, always. Even when it’s hard. Collective Respect, in being authentic, inclusive and valuing all voices while winning together. Operating with Excellence, in learning fast, continuously improving, innovating and collaborating to find new and better solutions.

Our Culture & Benefits

Our culture brings our mission and values to life. Here, we do what’s right, embrace diverse ideas, and innovate together. We also offer a wide range of benefits to support you and your family—because thriving at work starts with thriving in life.

• Flex Time or Paid Time Off and Sick Time Off
• 401K – 6% Employer Match
• Medical, Dental, Vision – HDHP or PPO HSA – Employer contribution (HDHP only)
• Volunteer Time Off
• Career Development / Recognition
• Fitness Reimbursement
• Hybrid Work Schedule

As an Equal Opportunity Employer, AssetMark is committed to building a diverse and inclusive workplace where everyone feels valued. AssetMark is a fast-growing financial technology company changing the game for advisors and their clients. If you are searching for a challenging, rewarding, and evolving career, you have come to the right place. We offer competitive salaries, full benefits, and excellent opportunities for growth. To learn more about us, visit our website.