Senior Asset Management Trader: ETF Models & Overlays

Raymond James Financial, Inc.; Memphis (TN); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Raymond James Financial, Inc. is seeking an Asset Management Senior Trading Associate to implement model portfolio overlays across managed accounts and execute trades using ETF/Known product guidelines.

The role works within a hybrid Memphis office environment and requires complex decision-making to resolve account issues. The candidate will analyze accounts, coordinate with external managers, and update trading models based on external data.

Qualifications

• Strong knowledge of market trading practices of equities, ADRs, ETFs, UCITs, and Mutual Funds.
• General knowledge of managed account practices.
• Principles of banking and finance and securities industry trading and operations.
• Financial markets and investment products and services.
• Mathematical ability to calculate transactions accurately.
• Intermediate Excel experience.

Responsibilities

• Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades.
• Create and execute large block trade allocations, determining method of execution.
• Analyze individual account data to identify outliers and resolve discrepancies.
• Communicate with outside managers regarding trade execution and model discrepancies.
• Perform tax loss harvesting.
• Research and resolve complex account errors, providing necessary trade corrections.
• Update trading models based on data provided by outside money managers.
• Perform other duties and responsibilities as assigned.

Skills

Advanced analytics

Customer service

Problem solving

Communication

Attention to detail

Tools

Excel

Job description

Raymond James Financial, Inc. is seeking an Asset Management Senior Trading Associate to implement model portfolio overlays across managed accounts and execute trades using ETF/Known product guidelines.

The role works within a hybrid Memphis office environment and requires complex decision-making to resolve account issues. The candidate will analyze accounts, coordinate with external managers, and update trading models based on external data.