Trade Operations Specialist

Trade Operations Specialist

Requirements

• 2+ years of accounting or financial operations experience
• University (Degree) Preferred

Responsibilities

• Calculate and allocate trades, maintain client accounts in line with the model account and within client and strategy guidelines, manage client restrictions and proxy positions to ensure all accounts are in compliance and fully invested, ensure trade allocations are accurately entered within all necessary systems and reconciled daily across multiple strategies, control data within various systems to ensure integrity to minimize operational risk.
• Perform daily cash/trade monitoring, account for expected and intraday cash notifications, raise and invest cash as requested by clients, execute program trades as needed
• Validate information in databases including trades, prices and dividends, review data imports from external sources for accuracy, work with multiple sources to ensure accuracy in systems and timely resolution of issues
• Manage commission budget and document all changes, reconcile commissions daily to ensure completeness and accuracy of posted transactions, track and reconcile all soft dollar / CSA trades daily, manage all soft dollar invoices and payments
• Maintain all ETF accounts in line with models, create proxy basket daily for semi-transparent ETF Process creation and redemption orders, reconcile daily, perform tax lot assessments and initiate tax advantaged in-kind processes, manage relationships with Authorized Participants, Custodians and third parties
• Responsible for trade aggregation and trade related reporting, provide commission related reports including soft dollar and client direction, respond timely to data requests

Preferred Qualifications

• 3+ years of accounting or financial operations experience