Advisory Trading Analyst

Stifel•St. Louis, MO

About The Position

The Advisory Trading Analyst supports Financial Advisors and their advisory businesses by assisting with advisory trading activities, researching and resolving trade-related questions, and ensuring requests are processed accurately and efficiently. The role offers hands-on experience with advisory trading systems and workflows, including trading processes, investment products, account restrictions, and problem resolution. The analyst works with team members and other areas across the firm to address issues and provide timely support to Financial Advisors and branch associates. Success requires attention to detail, analytical and problem-solving skills, service orientation, and the ability to manage multiple priorities in a fast-paced trading environment. The position supports advisory trading operations and helps enhance the trading experience for Financial Advisors. It includes trading new accounts based on model portfolios, reviewing account cash and positions, providing platform support, completing regulatory and maintenance reports, and training and supporting users of the Vestmark trading tool. The role works under immediate direction and contributes to the accuracy and efficiency of the Advisory Trading team.

Requirements

Bachelor's degree or equivalent experience.
0–2 years of Operations, Trading, or related experience.
Series 7 license, or ability to obtain it within 12 months of hire.
Ability to attain a sound understanding of the trading platforms used by Stifel for the Advisory Trading team's daily responsibilities.
Ability to discern the intent of branch offices and external stakeholders and provide accurate instructions.
Ability to adapt to changes in functionality, technology, or regulatory policies.
Ability to develop in-depth knowledge and understanding of advisory products and services.
Strong analytical skills and high attention to detail to minimize risk to the firm.
Strong organizational, time-management, and prioritization skills to handle multiple demands and meet deadlines.
Excellent verbal, written, and interpersonal communication skills.
Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.

Responsibilities

Accurately trade new accounts based on model portfolios, ensuring trades are executed, average priced, and uploaded to the system.
Analyze and review cash and positions daily under immediate direction to determine whether accounts need to be traded to maintain model portfolio percentage allocations according to department guidelines.
Provide platform support and service, giving internal and external stakeholders accurate instructions to minimize potential risk.
Collaborate with team members and management to ensure the Advisory Trading team's daily responsibilities are completed accurately and efficiently.
Complete regulatory and maintenance reports to adhere to Compliance rules and regulations.
Provide initial training and ongoing trade support to managers and Financial Advisors using the Vestmark trading tool.
Partner with Financial Advisors to understand trading goals and identify appropriate solutions that improve user experience and efficiency.
Research and resolve trade-related questions and provide timely support to Financial Advisors and branch associates.