Trader

Job Domain – Wealth Management

Job Profile Name – Trader – TSC

Job Profile Summary

As a Trader- TSC, you will execute all day-to-day trading functions for advisors, clients and SMA Money Managers. The role is focused on trading equities, ETFs and mutual funds based on requests that we receive from advisors, clients and SMA Money Managers. The role involves a teamwork approach and close coordination with advisor service teams to provide industry-leading service with quality risk management controls.

Essential functions of the job:

• Knowledge of how each class of assets is properly sold or purchased

• Set and build accounts in Portfolio Audit (desired model allocation, fees, notes)

• Sort through existing assets to be liquidated and those that must be excluded from trading, buy the required assets to line-up the account with its targeted model allocation 

• Identify anomaly management instances in the received instructions and make the proper notes to successfully manage the account and avoid trade errors.

• Correctly identify all inconsistencies in instructions received and effectively communicate and resolve these issues with the advisor in a timely fashion.

• Execute updated exhibits for accounts under ongoing management and understand the demanded changes.

• Respond to questions about an account status and its current instructions regarding its management at the trade desk level.

• Execute trade orders from the advisor applies to cash management, deploying cash properly, raising cash effectively.

• Block trades; execution of trade signals received from money managers. Ability to trade large numbers of accounts simultaneously.

• Communicate effectively to properly understand urgent verbal trade instructions from advisors, execute such trades accurately and properly documenting events.

 • Audit accounts for anomalies and address them in a timely fashion.