Portfolio Trading Analyst

Hightower•New York, NY

2d•$85,000 - $95,000•Hybrid

About The Position

Hightower is hiring a Portfolio Trading Analyst for its Overlay Management team. The team manages daily trade prioritization, execution, and monitoring to keep client portfolios aligned with assigned investment policies on the Hightower One platform. It coordinates with portfolio managers and advisors, manages risk and exposures—including cash and tax overlays—and provides compliance-ready reporting and reconciliations. The analyst will execute daily overlay workflows across the trading and overlay team, including portfolio rebalancing, trade transmission and allocation, cash management, account reconciliation, and exception resolution. The role works closely with advisors, portfolio managers, compliance, custodians, and vendors to support portfolio and trading operations.

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 the trade lifecycle, settlement mechanics, cash management, and tax-lot accounting.
Advanced Excel skills, including pivot tables and advanced formulas.
Exceptional attention to detail and disciplined problem solving under time pressure.
Clear written and verbal communication skills and strong stakeholder management, including the ability to influence business and technology teams.
Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field.
Must be a U.S. citizen, U.S. permanent resident, or have other unrestricted U.S. work authorization, and must not require sponsorship now or in the future.

Nice To Haves

SQL or an equivalent query language.
An advanced degree.

Responsibilities

Rebalance client portfolios to their 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.
Coordinate with advisors, portfolio managers, compliance, custodians, and vendors to resolve exceptions and support portfolio and trading operations.
Support daily workflows across the trading and overlay team, ensuring accurate trade implementation, cash management, and reconciliation.

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.
Mother’s lounge onsite.
Flexible PTO plan.
Hybrid work schedule with a minimum of 4 days in the office.
Free, brand-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.