Top 1 Trader Jobs in Independence, Oh

Senior Trader
MAI WEALTH MANAGEMENT, INC. —Independence, OH
- $62,000 - $77,500 a year
- Full-time
- Microsoft Outlook
- 5 years
- Bachelor of Science
- Paid parental leave
- Health savings account
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Senior Trader

MAI WEALTH MANAGEMENT, INC.
Independence, OH

Quick Apply

Job Details

Full-time
$62,000 - $77,500 a year

Benefits

Paid parental leave
Health savings account
Health insurance
Dental insurance
401(k)
Tuition reimbursement
Parental leave
Vision insurance

Qualifications

Trade execution in financial markets
Microsoft Outlook
Experience practicing in the securities industry

Full Job Description

GENERAL JOB DESCRIPTION

The Senior Trader in Investment Operations is responsible for trade execution, reconciliations, and trade support to advisors/portfolio managers and other operations team initiatives. This role provides both strategic and tactical perspectives to ensure the Investment Operations team efficiently meets the trading needs of the firm. Relationship manager and primary point of contact to service providers whose applications serve critical functions to support the investment process needs of the entire firm. In addition, the Senior Trader partners with the other Senior Traders and the Trading Team Manager on a varied and diverse set of tasks for both short and long-term goals.

MAJOR DUTIES AND RESPONSIBILITIES

Execute, allocate, and reconcile trades in a timely manner
Maintain and rebalance portfolios across different strategies
Work with firm portfolio managers to implement model changes and manage cash needs for strategy accounts
Support trading requests from advisors and portfolio managers
Update and maintain reports daily, weekly, and monthly to monitor model and strategy accounts
Liaise with operations team members to resolve any critical/complex problems related to specific trading transactions or processes
Ensure trade workflow is operating with efficiency, quality, and accuracy
Deal with complex issues utilizing appropriate channels and resources
Support service requests ensuring compliance and risk mitigation practices are followed
Identify, communicate, and monitor discrepancies and workflow issues between the custodian, trading platform, and accounting system.
Under limited supervision, assumes autonomy and independent decision authority for administering moderately complex trading and operations tasks

EXPERIENCE/CREDENTIALS

B.A. or B.S. degree, in Finance, Accounting, or related field
Minimum 5 years of experience in trade desk and securities operations
Demonstrated knowledge of trade executions
Demonstrated proficiency with portfolio accounting and trading systems is preferred: Tamarac, FIX Flyer Co-Pilot
Experience in general business applications: Salesforce, Excel, Word, SharePoint
Demonstrated proficiency with general business applications (Outlook, Word, Excel, Adobe)

COMPETENCIES

Team player with the ability to multi-task, work under pressure and resolve problems and conflicts
Strong quantitative and analytical skills; organized, detail-oriented
Able to meet deadlines, while still maintaining flexibility to prioritize and execute to meet client and firm needs and support peak volumes
Strong systems knowledge and technology skills; ability to learn other MAI financial software tools and stay abreast of software updates
Keen interest in and knowledge of the markets
Committed to promoting best practices in the application of policies, procedures and elements of governance affecting operational risk through the firm
Excellent oral and written communication skills
Strong organizational and interpersonal skills with a demonstrated commitment to teamwork and partnerships
Risk management focused
Maintains absolute confidentiality of all client information and safeguards client and firm data; maintains high ethical standard in all practices
Professional and positive demeanor, superb work ethic, high level of personal ethics and integrity

FEATURED BENEFITS:

Discretionary Bonus
Medical Insurance
Dental Insurance
Vision Insurance
401(k)
Health Savings Account
Paid Maternity Leave
Paid Parental Leave
Tuition Reimbursement

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