Managed Account Trader

Raymond James•Vancouver, BC

6d•CA$60,000 - CA$65,000•Onsite

About The Position

As a member of the Asset Management Services team, you will play a vital role in ensuring the accurate stewardship of client’s fee-based assets and the overall goal of increasing fee-based assets and revenues at Raymond James Ltd.

Requirements

Post-secondary diploma or degree.
Minimum of 2 years of industry experience trading in discretionary accounts using a model-based approach.
Proficiency with Microsoft Office (Word, Excel, PowerPoint, Access) with a willingness and ability to learn new applications.
Work within deadlines in a high-volume and demanding environment while maintaining a high level of service and an imperative attention to detail.
Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills.

Nice To Haves

Completion of the Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) is an asset.
Familiarity with Dataphile, Croesus, or similar service provider is an asset.
Superior analytical and problem solving skills.

Responsibilities

Monitor e-mail for incoming trade instructions from 3rd party managers on the SMA program as well as internal Raymond James portfolio managers.
Update models and generate trades for market execution while coordinating with the trading desk on larger orders.
Query for daily asset movement on the SMA program and amalgamate bulk trading lists for market execution.
Calculate foreign exchange exposure and arrange for rates on all cross-currency transactions.
Identify and rebalance accounts with excess cash on a quarterly basis.
Perform quality control checks on trades.
Download and distribute weekly/monthly reports.
Assist with various projects and initiatives related to fee-based accounts.
Assist with a variety of other duties related to all fee-based platforms.