Headquartered in Wakefield, MA, Vestmark has been a leading technology platform provider delivering wealth management and investment advisory solutions since 2001. Backed by Purple Arch Ventures.
About the role
Vestmark Advisory Solutions (VAS) is expanding its advisory and asset management services and has an opening for an experienced individual in the retail SMA order generation and trade execution arena. The VAS Trader is primarily responsible for implementing trades to Manager Models. The models are proprietary and 3 rd party. This position supports SMA, MSP, and Model Only/UMA sponsors and managers and maintaining the underlying accounts.
What they're looking for
- Bachelor’s degree in a related field
- 3+ years of experience in the Separately Managed Account (SMA), Unified Managed Account (UMA) or wealth management industry
- Strong analytical skills and proficiency in Microsoft Office
- Must be highly organized with strong attention to detail, self-motivated, good work ethics, and work effectively in a team environment
More about this role
Vestmark Advisory Solutions (VAS) is expanding its advisory and asset management services and has an opening for an experienced individual in the retail SMA order generation and trade execution arena. The VAS Trader is primarily responsible for implementing trades to Manager Models. The models are proprietary and 3 rd party. This position supports SMA, MSP, and Model Only/UMA sponsors and managers and maintaining the underlying accounts. In addition, this role handles trade order management, pre- and post-trade servicing, and ensuring trades are submitted and executed.
- Proactively identify opportunities for improvements in trading process and efficiency
- Process client model change requests by generating the across-the-board (ATB) block trade orders required to affect the model changes, within the client sponsor, while performing all related controls to mitigate risk.
- Process maintenance requests (new accounts, cash flows, terminations, tax harvests, etc.) by rebalancing accounts as instructed and routing the resulting trade orders for execution, within the client sponsor, while performing all related controls to mitigate risk.
- Communicate client model changes to Model...
Browse similar: Startup jobs · Remote jobs