Portfolio Trading Analyst

Hightower Advisors•New York, NY

1d•$85,000 - $95,000•Hybrid

About The Position

Hightower is a wealth management firm founded in 2008 that provides investment, financial, and retirement planning services to individuals, foundations, and family offices, as well as 401(k) consulting and cash management services to corporations. Based in Chicago, Hightower operates as a registered investment advisor and supports independent-minded wealth advisors across the U.S. The Portfolio Trading Analyst will join the Overlay Management team, which handles daily trade prioritization, execution, and monitoring to help optimize client portfolios according to their assigned investment policies on the Hightower One platform. The team coordinates with portfolio managers and advisors, manages cash, risk exposures, and tax overlays, and produces compliance-ready reporting and reconciliations. The role executes daily overlay workflows across the trading and overlay team, ensuring accurate trade implementation, cash management, and reconciliation. It includes rebalancing portfolios, transmitting and monitoring block orders, handling client cash requests and settlement cycles, reconciling accounts, maintaining audit trails and tax summaries, and coordinating with internal and external stakeholders. The position is hybrid, with a minimum of four days in the Chicago office.

Requirements

2–5 years of experience in trading or portfolio operations, execution, or overlay/centralized portfolio management.
Hands-on experience with OMS/EMS, TAMP platforms, portfolio optimizers, and trade blotter workflows.
Experience with run-group configuration and runbook maintenance.
Knowledge of trade lifecycle, settlement mechanics, cash management, and tax-lot accounting.
Advanced Excel skills, including pivot tables and advanced formulas.
Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field.
Exceptional attention to detail and disciplined problem solving under time pressure.
Clear written and verbal communication and strong stakeholder-management skills, including the ability to influence business and technology teams.
Must be a U.S. citizen, U.S. permanent resident, or have other unrestricted U.S. work authorization, without requiring sponsorship now or in the future.

Nice To Haves

SQL or an equivalent query language.
An advanced degree.

Responsibilities

Rebalance client portfolios to assigned investment policies and generate trades based on defined tracking-error, risk, cash, and tax-loss triggers.
Oversee transmission of rebalance-generated block orders to custodians, mitigate market risk, and track execution to ensure accurate and timely trade allocations.
Process ad hoc client cash requests and track daily settlement cycles to fund scheduled distributions without causing overdrafts or unintended liquidations.
Perform daily account reconciliations, manage exceptions, and produce compliance-ready audit trails and tax summaries.
Work with advisors, portfolio managers, compliance, custodians, and vendors to resolve exceptions and support portfolio and trading operations.

Benefits

Medical, dental, and vision insurance coverage beginning on the first day of employment.
Paid parental leave: 16 weeks for a primary caregiver and 8 weeks for a secondary caregiver.
Onsite mother’s lounge.
Flexible PTO plan.
Hybrid work schedule with a minimum of four days in the office.
Free, new gym in the Chicago office.
401(k) matching plan.
HSA employer contributions.
Student loan assistance.
Pet insurance.
Base salary of $85,000–$95,000 plus a discretionary bonus; exact base salary depends on experience.