Find & Apply For Securities / Commodities Trader Jobs in Independence, Ohio

Trader

MAI WEALTH MANAGEMENT, INC.

Independence, OH Job Details Full-time $50,000 - $62,000 a year 1 day ago Benefits Paid parental leave Health savings account Health insurance Dental insurance 401(k) Tuition reimbursement Parental leave Vision insurance Qualifications Microsoft Word Accounting systems Investment advisory support Economics Confidential information handling Microsoft Excel Trade execution in financial markets Financial data reconciliation Presentation software Financial transaction processing Bachelor's degree in finance Investment operations Professional ethics Investment management software Investment reports Bachelor's degree in economics Mid-level Finance Analysis skills Bachelor's degree Operational risk mitigation Customer relationship management (CRM) systems (technically supported) Financial data management SharePoint Compliance support tasks 1 year Bachelor's degree in accounting Quantitative analysis Experience practicing in the securities industry Ad-hoc reporting Full Job Description

GENERAL JOB DESCRIPTION

The Trader in Investment Operations is responsible for trade execution, settlements, reconciliations, trade support to advisors/portfolio managers and other operations team initiatives. This role provides tactical perspectives to help ensure that the Investment Operations team efficiently meets the trading needs of the firm. Acts as a point of contact to service providers whose applications serve critical functions to support the investment process needs of the entire firm. In addition, the Trader partners with the Senior Traders and 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 Process paperwork for trade order execution and trade settlement Maintain and rebalance portfolios across different strategies Work with firm portfolio managers in creating trades across various models and strategies and invest/raise cash as needed Support trading requests from advisors and portfolio managers Review security transactions Liaise with operations to resolve any critical/complex problems related to specific trading transactions or processes 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 trading and accounting systems Update and maintain reports daily, weekly and monthly to monitor model and strategy accounts Produce ad hoc reports for traders and portfolio managers Administers moderately complex operation tasks Ensure trade workflow is operating with efficiency, quality, and accuracy Reconcile accounts versus custodial positions daily before market open

EXPERIENCE/CREDENTIALS

Bachelor's degree in Finance, Economics, Accounting or related field 1 - 2 years of experience in trade desk and securities operations is preferred Demonstrated proficiency with portfolio trading systems is preferred: Tamarac, Flyer Co-Pilot Experience in general business applications: Excel, PowerPoint, Word, SharePoint, Microsoft Dynamics

CRM 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 the markets and general trading knowledge 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

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