Trading Support Associate III

WillHire; Saint Petersburg (FL); On-site; USD 28,000 - 38,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K

Job summary

WillHire is seeking an Asset Management Services professional to support the Separately Managed Accounts (SMA) team. Under limited supervision, you will leverage advanced knowledge to lead others in trading support and problem resolution, guided by established procedures and guidelines.

You will interact with internal and external customers to identify, research, and resolve issues, ensuring smooth execution and compliance with policies.

Qualifications

• Recent experience in an investment firm or financial services environment.
• 1-3 years of financial services industry experience.
• Ability to work in a fast-paced environment.
• Proficient with Microsoft Office products.
• Clear and professional written and verbal communication skills.

Responsibilities

• Leads and mentors other associates.
• Notifies traders of events affecting orders (dividends, stock splits).
• Provides pricing information until orders are executed, canceled, or expired.
• Ensures trades are executed and confirmed per policies and procedures.
• Facilitates price adjustments and trade corrections.
• Reconciles open order files and maintains trade data in databases.
• Resolves trade problems and contacts customers to resolve inquiries.
• Sets up and monitors client information and restrictions.
• Supports portfolio allocation and resolves comparison issues.

Skills

Team leadership

Communication skills

Microsoft Office

Team player

Education

High School Diploma or equivalent

Tools

Microsoft Office

Job description

Job Summary

This person will be responsible for supporting the Asset Management Services team, specifically working with Separately Managed Accounts (aka SMA). Under limited supervision, uses advanced knowledge and skills obtained through experience and/or training to lead others in providing support in specific trading activities within an assigned functional area. Established procedures and prescribed guidelines are provided to perform a variety of tasks requiring some evaluation, originality or ingenuity in making routine decisions. Serves as a resource to others in resolving complex problems and issues. Extensive contact with internal and external customers is required to identify, research, and resolve problems.

Essential Duties and Responsibilities

• Leads the work of others and provides training, coaching and mentoring to less experienced associates.
• Ensures that traders are notified of events that affect orders, including dividend declarations and stock splits.
• Provides and coordinates pricing information until the order has been executed, cancelled or expired.
• Ensures that trades are executed and confirmed in accordance with organizational policies and procedures.
• Facilitates the price adjustment and trade correction process.
• Ensures the open order file is reconciled and that trade data and information is entered and maintained in required databases.
• Reviews trade problem research results and determines appropriate corrective action.
• Contacts internal and external customers to resolve trading problems.
• Sets up and monitors client information and restrictions.
• Resolves comparison issues and assists in the portfolio allocation process.
• Accepts, screens and routes telephone calls and maintains record of inquiries, as required.
• Maintains currency in trading policies and procedures.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

• Recent experience working for an investment firm (Examples: T-Row Price, Morgan Stanley, Goldman Sachs, etc.).
• 1-3 years of financial services industry experience.
• Ability to work in a fast-paced environment.
• Proficient with Microsoft Office products.
• Team player, willing to jump in and help others even if it does not fall within their job description.
• Clear and professional written and verbal communication skills.
• Eagerness and willingness to learn.
• Desire for professional growth.
• High School Diploma or Equivalent.

This is the pay range that Magnit reasonably expects to pay for this position: $20.65/hour - $27.54/hour

Benefits: Medical, Dental, Vision, 401K