Asset Management Trading Associate - UMA Trading

Raymond James•Memphis, TN

1d•Hybrid

About The Position

An individual contributor with recognized skills in a specialized role in the field of Asset Management. This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our corporate office in Memphis, TN. As part of the AMS Trading team, the Asset Management Trading Associate role uses knowledge and skills obtained through work experience to review and implement model portfolio overlays on several managed account platforms using various exchange-traded products. Under general supervision, uses established procedures and guidelines to perform a variety of trading and analytical tasks requiring evaluation and complex decision-making to execute trades and resolve account issues.

Requirements

General knowledge of managed account practices.
Principles of banking and finance and securities industry trading and operations.
Knowledge of products, including equities, ADRs, ETFs, UCITs, and Mutual Funds.
Financial markets and investment products and services.
Mathematical ability sufficient to calculate transactions accurately and efficiently.
Intermediate Excel experience.
Advanced analytical skills: analyze data to draw logical conclusions and interpret results for use in decision-making.
Personal resilience while providing high-level customer service in a fast-paced environment.
Problem-solving sufficient to effectively analyze, research, and resolve inquiries and issues in a timely manner.
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.
Organize, prioritize, and manage multiple activities/tasks simultaneously and complete work efficiently.
Communicate effectively and professionally, both orally and in writing.
Ability to work independently as well as collaboratively within a team environment.
Attention to detail while maintaining a big-picture orientation.
Identify the needs of customers through effective questioning and listening techniques.

Responsibilities

Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines.
Facilitate team workflow from multiple sources, ensuring timely processing of trade requests.
Perform a variety of report generation and review.
Field questions and resolve issues from various internal departments and branches.
Perform tax loss harvesting.
Produce overlap analysis on existing and/or new assets.
Perform other duties and responsibilities as assigned.