Portfolio Trading Analyst

Hightower Advisors; New York (NY); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Hybrid work schedule (minimum of 4 in-

401k matching plan

HSA employer contributions

Paid parental leave (16 weeks)

Fitness/health benefits

Job summary

Hightower Advisors in the United States is seeking a skilled Overlay/Trading Operations professional to optimize client portfolios and ensure execution accuracy. You will rebalance according to investment policies and coordinate with portfolio managers and custodians.

Requirements include 2–5 years in trading or portfolio operations, hands-on experience with OMS/EMS, and a finance-related degree. The role offers a hybrid in-office schedule with competitive base salary and discretionary bonus.

Qualifications

• 2–5 years in trading or portfolio operations, execution, or overlay/centralized portfolio management.
• Hands-on experience with OMS/EMS, TAMP platforms, portfolio optimizers, and trade blotter workflows.
• Bachelor’s in Finance, Economics, Mathematics, Engineering, or related; advanced degree a plus.

Responsibilities

• Overlay management: rebalance portfolios to policy, generate trades per risk, cash and tax rules.
• Trade Execution: oversee transmission of rebalance orders to custodians, ensure timely allocations.
• Cash Management: process cash requests and track settlement cycles for distributions.
• Reconciliation & Compliance: daily reconciliations, manage exceptions, produce audit trails and tax summaries.
• Cross-functional Support: liaise with advisors, portfolio managers, compliance, custodians, and vendors.

Skills

Trading experience

OMS/EMS

SQL

Excel

Communication

Education

Bachelor's in Finance

Tools

OMS/EMS

TAMP platforms

Trade blotter

Job description

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Your Future Team

Hightower’s Overlay Management team owns daily trade prioritization, execution, and monitoring to ensure client portfolios are optimized to their assigned investment policies on the Hightower One platform; they coordinate with portfolio managers and advisors, manage risk and exposures (including cash, and tax overlays), and deliver compliance-ready reporting and reconciliations. We are a collaborative, driven, and forward-thinking group passionate about delivering excellent service, supporting advisor growth, and helping clients achieve their financial goals.

What You Will Do

• Overlay Management: Rebalance client portfolios to assigned investment policies; generating trades according to defined tracking error, risk, cash, and tax-loss triggers.


• Trade Execution: Oversee the transmission of rebalance-generated block orders to custodians, mitigating market risk and tracking execution to guarantee accurate, timely trade allocations.


• Cash Management: Process ad-hoc client cash requests and track daily settlement cycles to fund scheduled distributions safely without forcing overdrafts or unintended liquidations.


• Reconciliation & Compliance: Perform daily account reconciliations, manage exceptions, and produce compliance-ready audit trails and tax summaries.


• Cross-functional Support: Liaise with advisors, portfolio managers, compliance, custodians, and vendors to resolve exceptions and support portfolio and trading operations.

What You Will Bring

• Experience: 2–5 years in trading or portfolio operations, execution, or overlay/centralized portfolio management.


• Systems & Tools: Hands-on experience with OMS/EMS, TAMP platforms, portfolio optimizers, and trade blotter workflows; run-group configuration and runbook maintenance.


• Domain Knowledge: Trade lifecycle, settlement mechanics, cash management, and tax-lot accounting.


• Technical Skills: Advanced Excel (pivot tables, advanced formulas); SQL or equivalent query language a plus.


• Education: Bachelor’s in Finance, Economics, Mathematics, Engineering, or related; advanced degree a plus.


• Communication: Exceptional attention to detail, disciplined problem solving under time pressure, clear written and verbal communication, and strong stakeholder management with the ability to influence business and technology teams.

What We Offer

• Coverage on the first day of employment for medical, dental, and vision insurance


• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)


• Mother’s lounge onsite


• Flexible PTO plan


• Hybrid work schedule (minimum of 4 days in office)


• Free brand-new gym in the Chicago office


• 401k matching plan


• HSA employer contributions


• Student loan assistance


• Pet insurance


• Base salary of $85,000-$95,000 plus discretionary bonus (exact base salary amount will be dependent on experience)

AN EQUAL OPPORTUNITY EMPLOYER:

Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.