Trader

Aldrich; Lake Oswego (OR); Hybrid; USD 75,000 - 105,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Paid time off

Parental leave

Job summary

Aldrich Wealth in Oregon is seeking a detail-oriented Trader to join our investment team. You will work with the Senior Trader and Client Services to establish, monitor, and trade client portfolios using the Tamarac system.

The role requires at least 1 year of trading or performance reporting experience, familiarity with Tamarac, and knowledge of securities, mutual funds, ETFs, and separate accounts. We offer comprehensive health benefits, a 401(k) with match, generous PTO, holidays, and a

Qualifications

• Minimum of 1 year of experience trading and/or performance reporting.
• Familiarity with Tamarac trading software.
• Detailed understanding of investment products including securities, mutual funds, ETFs, index funds and separate accounts.
• 5+ years of client service, operations, or relationship support experience in wealth management, preferably within an RIA.
• Experience supporting high-net-worth or ultra-high-net-worth clients and partnering closely with advisors.
• Bachelor's degree in Finance, Business, or related field.

Responsibilities

• Efficiently and accurately trade and rebalance client accounts
• Ensure asset allocation and tactical allocations are accurately implemented and periodically reviewed
• Ensure consistency of trading models and models in reporting
• Generate portfolio reviews with proposed recommendations
• Manage trading software to ensure accuracy
• Maintain reporting software to ensure accurate data

Skills

Trading experience

Client service experience

Attention to detail

High-net-worth client support

Education

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

Tools

Tamarac

Job description

Description

We are seeking a detailed oriented and analytical professional to join our dynamic investment team as a Trader. This individual will work closely with our Senior Trader as well as our Investment and Client Services departments. They will be primarily responsible for establishing, monitoring and trading client portfolios and managing the Tamarac trading system. The Trader will also utilize the software to meet client reporting needs while ensuring investments are properly categorized, custodial downloads are complete, cost basis transfer are accurate, and performance data is up to date.

Why Aldrich Wealth

Aldrich Wealth is a dynamic, fast-growing, and established independent registered investment advisor (RIA) at the forefront of the industry. As an RIA that provides a broad array of financial services to high net worth individuals and corporate retirement plans, we have been recognized by Oregon Business Magazine and San Diego Business Journal as Best Places to Work in both our Oregon and California regions and manage approximately $7 billion in assets.

Our holistic approach, paired with high-touch service, weaves together financial planning, wealth-building, wealth-preservation, and life goals. We guide our clients through today's financial complexities to protect and grow their financial assets for tomorrow.

Check out more about Aldrich at https://wealthadvisors.com/.

Requirements

You’ll Get a Chance To

• Efficiently and accurately trade and rebalance client accounts
• Ensure asset allocation and tactical allocations are accurately implemented and periodically reviewed
• Ensure consistency of trading models and models in reporting
• Generate portfolio reviews with proposed recommendations
• Manage trading software to ensure accuracy
• Maintain reporting software to ensure accurate data

What You Bring to the Team

• Minimum of 1 year of experience trading and/or performance reporting
• Familiarity working with trading software and reporting tools (Tamarac) is preferred
• Detailed understanding of investment products, including individual securities, mutual funds, ETFs, index funds and separate accounts
• 5+ years of client service, operations, or relationship support experience in wealth management, preferably within an RIA.
• Experience supporting high-net-worth or ultra-high-net-worth clients and partnering closely with advisors.
• Bachelor's degree in Finance, Business, or a related field.

How We’ll Reward You

At Aldrich, we know a great client experience starts with an exceptional employee experience. Aldrich offers a comprehensive benefits package that includes:

Comprehensive Health Benefits and Retirement Savings:

• Medical, dental, and vision insurance
• Life and disability insurance
• Health savings (annual contribution of $1,500), flexible spending accounts, and dependent care benefits
• 401(k) plan with 1.5% match and 5% annual discretionary profit sharing

Generous Time Off:

• 4 weeks of vacation and sick leave combined into a Paid Time-Off bank
• 10 Paid Holidays, including two Floating Holidays
• 16 Hours of Volunteer Time
• Paid Sabbaticals and Paid Parental Leave

This information is provided in compliance with applicable state equal pay and pay equity legislation. It is in the company’s good faith and reasonable estimate of the compensation range and benefits offered for this position. At Aldrich, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on facts and circumstances of each candidate. The compensation offered may vary based on factors including experience, skills, education, location, and other job-related reasons. Aldrich makes internal equity a consideration in all pay decisions. A reasonable estimate of the current range for the exempt full-time position is $75,000-$105,000 DOE. You may also be eligible to participate in a variable compensation program.

For a full summary of our benefit offerings, check out Life at Aldrich here.

What You Should Know

This is a full-time position. Our standard office hours are Monday – Friday, 8 AM – 5 PM. This is a full-time hybrid position that may be based in one of our local offices in Oregon and California.

Candidates must be legally authorized to work in the United States without the need for employer sponsorship.