Trading Associate

Cerity Partners; Louisville (KY); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Flexible PTO

Parental Leave

Education assistance

Community involvement

Commuter benefits

Job summary

Cerity Partners in Louisville, KY seeks a Trading Associate to provide trading, rebalancing, and investment management services within Wealth Management Services. You will collaborate with a trading team in Louisville and manage allocations across client portfolios.

The ideal candidate progresses with a Bachelor's degree and up to 3 years of investment experience, including high-net-worth clients. Proficiency in Excel and trading software is valued.

Qualifications

• Bachelor's degree required; advanced study preferred.
• 0-3 years investment experience; high-net-worth experience preferred.
• Knowledge of investment products, asset location, and taxable portfolios.
• Experience with trading platforms and data tools like RedBlack/Eclipse.

Responsibilities

• Ensure client portfolios are within assigned investment policy.
• Curate and execute trades as directed and according to investment allocations.
• Perform reconciliation / maintenance of systems and trades.
• Utilize an existing software platform to analyze and rebalance household and individual portfolios.
• Communicate clearly with Advisors on trading topics and processes.
• Support Investment Committee with performance reporting, data collection, and analysis.
• Back-up other investment colleagues with research and due diligence.

Skills

Trading experience

Communication

Attention to detail

Multitasking

Excel proficiency

Adaptability

Education

Bachelor's degree

Tools

RedBlack

Eclipse

Excel

Programming basics

Job description

Position Summary:

The Trading Associate will provide trading, rebalancing, and investment management services to the Wealth Management Services team. This position will work closely with a trading team located in Louisville KY.

Primary Responsibilities:

• Ensure client portfolios are within assigned investment policy
• Curate and execute trades as directed and according to investment allocations
• Perform reconciliation / maintenance of systems and trades
• Utilize an existing software platform to perform ongoing analysis and rebalancing of household accounts as well as individual taxable, tax-deferred, and non-taxable client portfolios
• Communicate clearly with Advisors on trading related topics and processes
• Support the Investment Committee and Investment Office in the provision of investment advice to clients’ performance reporting, data collection and analysis, data visualization, and special projects.
• Act as a back-up for other investment colleagues in ways such as providing research support and due diligence of managers and investment allocations

Ideal Candidate Profile

• Bachelor’s degree is required and preference for candidates with further education or work toward appropriate certification
• 0-3 years’ relevant investment experience; experience investing for high-net-worth clients preferred
• General knowledge of investment products, asset location, and portfolio construction for taxable investors
• RedBlack and/or Eclipse system trading experience with a proven capability to learn and manage software tools for trading and analysis
• Proven ability to communicate with colleagues
• High attention to detail and thoroughness to alleviate trading errors.
• Experience processing and performing reconnaissance on large amounts of data a plus
• Client first attitude demonstrating patience and poise
• Ability to work in a fast-paced environment with shifting deadlines and priorities
• Ability to wear multiple hats, to apply skills to different areas of the business, and to adapt to changing conditions and needs
• Organized, self-directed, and ability to multitask
• Good written and verbal communication skills
• Unafraid to own up to mistakes and ardently work to improve systems to avoid future problems
• Proficiency in Microsoft Office - expert Excel user preferred; light programming skills a plus

Why Cerity Partners:

Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:

• Health, dental, and vision insurance – day 1!
• 401(k) savings and investment plan options with 4% match
• Flexible PTO policy
• Parental Leave
• Financial assistance for advanced education and professional designations
• Opportunity to give back time to local communities
• Commuter benefits

Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.

Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to [e-mail]. Applicants must be authorized to work for any employer in the U.S.