Portfolio Trading Strategist

The Portfolio Trading Strategist works on the Portfolio Onboarding and Trading Team. The Portfolio Trading Strategist’s primary responsibility is to manage all portfolio/investment related activities for their respective wealth management teams.  They are responsible for implementing the investment strategy, managing appropriate cash balances, and identifying opportunities for rebalancing, portfolio improvement, and tax loss harvesting. A successful Portfolio Trading Strategist will conduct all daily, weekly, and monthly portfolio reviews.

This is a hybrid role. The Portfolio Trading Strategist is expected to be in the office 2 days per week and can work from home 3 days per week.

Essential Job Duties and Responsibilities: 

• Deep understanding of our investment philosophy and the investments we use.
• Responsible for setting up clients in rebalancing software and updating targets when a client’s allocation changes.
• Run rebalancing software to identify client portfolios that are out of balance and to determine what action, if any, should be taken.
• Cash Flow Planning and Cash Management:
  • Manage appropriate minimum and max cash thresholds as well as recurring contributions and distributions.
  • Confirm accuracy of a client’s cash needs with advisory team on a periodic basis.
  • Propose and execute plans for RMDs and any account cash flows.
  • Perform review of cash to be invested or generated.                 
  • Appropriately manage cash flow of accounts to provide for timely collection of fees. Provide and execute recommended action plans to collect on any outstanding uncollected fees.
• Identify opportunities to harvest losses as well as opportunities to switch to a more tax-efficient (or more preferred) investment vehicle.
• Develops recommendations for client accounts for which we do not maintain discretion.
• Provide superior, friendly and knowledgeable service by telephone and e-mail with financial advisors 
• Effectively prioritize work to meet trade deadlines and service level agreements
• Other duties will be assigned as needed

 Basic Qualifications: 

• Two years of experience in financial services required
• Experience working with RIAs and Independent Financial Advisors a plus.
• Bachelor’s degree. 
• Equity and mutual fund trading experience and familiarity with Pershing, Charles Schwab Institutional, Fidelity Institutional, or TD Ameritrade Institutional a plus.
• Strong proficiency in Microsoft Applications
• Orion Software, Envestnet Software or Custodian website experience preferred
• Strong written and verbal communication skills. 
• Desire to take ownership and provide the best customer service in the industry
• Energetic self-starter with an extremely positive, can-do attitude
• Strong organization skills with exceptional attention to detail
• Must work well in a team environment, supporting others and filling in as necessary
• Must be able to prioritize and switch tasks as needed