Trading Support Associate III - SMA Trading

100 Raymond James & Associates, Inc.; Saint Petersburg (FL); Hybrid; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Retirement savings plan

Paid time off

Job summary

Raymond James & Associates, Inc. is seeking a Trading Support Associate III to support trading activities across multiple platforms and rectify trade errors affecting client accounts. You will engage with internal and external customers to identify, investigate, and resolve issues.

This hybrid role requires collaboration with the SMA trading team and coordination of large block orders while maintaining high service levels in a fast-paced environment.

Qualifications

• Bachelor’s in Accounting and Finance requirements.
• HS required for the role.
• Experience with securities trading and client-facing tasks preferred.

Responsibilities

• Serve as liaison between SMA trading team and external money managers.
• Provide technical support to clients using trading systems.
• Respond to inquiries and resolve issues with trading platforms.
• Perform trade adjustments and corrections for client accounts.
• Review trade problems and determine corrective actions.
• Coordinate large block orders with trading desks.
• Ensure trades are executed and confirmed per policy.
• Maintain open order files and accurate trade data in databases.
• Provide superior customer service in a high-volume environment.
• Perform other duties as assigned.

Skills

Trading concepts

Investment concepts

Accounting principles

Customer service

Reconciliation

Communication

Working under pressure

Teamwork

Problem solving

Attention to detail

Education

Bachelor’s: Accounting

Bachelor’s: Finance

High School (HS) (Required)

Tools

Trading systems

Job description

Job Description Summary Job Description This position will follow our hybrid work model; we expect the selected candidate to work 3 days a week at one of our Memphis, TN, OR Saint Petersburg, FL, corporate offices.

Job Summary

As a Trading Support Associate III, you will apply advanced knowledge and skills acquired through experience and training to support specific trading activities within the designated functional area. This involves technical assistance for different trading platforms and rectifying trade errors across multiple platforms that have directly affected client accounts. The position also requires engaging with internal and external customers to identify, investigate, and resolve issues.

Responsibilities

• Serve as the liaison between the SMA trading team and external money managers.
• Provides technical support to internal clients requiring assistance using various trading systems.
• Responds to inquiries or complaints received through phone calls and/or correspondence with clients concerning the company’s trading systems.
• Performs price adjustments and trade corrections support for client accounts.
• Review trade problems and determine appropriate corrective action.
• Resolves comparison issues and assists in the portfolio allocation process.
• Coordinates large block orders for money managers with appropriate trading desks.
• Ensures that trades are executed and confirmed in accordance with organizational policies and procedures.
• Confirms the open order file is reconciled and that trade data and information are entered and maintained in required databases.
• Contacts internal and external customers to resolve trading problems.
• Provide superior customer service in a high-volume call environment.
• Performs other duties and responsibilities as assigned.

Skills

• Concepts, practices, and procedures of securities trading.
• Basic investment concepts, practices, and procedures used in the securities industry.
• Accounting principles and procedures.
• Mathematical procedures are required to verify and reconcile trading transactions.
• Handling a small-volume phone system.
• Customer Service.
• Reconciling and correcting transactions.
• Operating standard office equipment and using required software applications sufficient to create documents, spreadsheets, and business correspondence.
• Work concurrently under pressure on multiple tasks and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
• Read, interpret, analyze, and apply transaction information.
• Analyze and solve problems.
• Communicate with associates and internal and external customers effectively, both orally and in writing.
• Work independently as well as collaboratively within a team environment.
• Handle stressful situations and lead others in providing a high level of customer service calmly and professionally.
• Interpret and apply policies and identify and recommend changes as appropriate.
• Establish and maintain effective working relationships at all levels of the organization.

Education

• Bachelor’s: Accounting
• Bachelor’s: Finance
• High School (HS) (Required)

Work Experience

• General Experience - 13 months to 3 years
• Manager Experience - None

Certifications

• None

Travel

• Less than 25%

Workstyle

• Hybrid

Compensation and Benefits

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

• medical
• dental
• vision
• life insurance
• critical illness insurance
• accident insurance
• disability benefits
• retirement savings
• paid time off (including vacation, holidays, and sick leave)
• parental leave

Company Culture

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm’s core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive.

The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities.

Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Our business is deeply focused on people and their financial well-being. We’re committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren’t mutually exclusive.

As an established but ever-evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow.

Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.