Trade Operations Associate

Focus Financial Partners•Boston, MA

2d•Hybrid

About The Position

Crestwood Advisors, a fast-growing, independent, fee-only Registered Investment Advisor overseeing more than $8 billion in assets under management, is seeking a Trade Operations Associate for its Boston-based team. The role sits at the center of the investment process, supporting Portfolio Management, Research, Operations, and Wealth Management teams and collaborating closely with the Senior Trader. The ideal candidate is motivated, intellectually curious, and passionate about investment markets. The position combines trading execution and operational responsibilities with day-to-day investment support for Portfolio Managers. It includes implementing equity trades, reconciling trading and custodial records, maintaining security models, supporting portfolio actions, managing customized options strategies, and communicating trade and market information. The associate will also develop and maintain custom investment reports using data from platforms such as Koyfin, Black Diamond, and RedBlack. This is a hybrid position, with three days in the office and two days remote. The expected annualized base salary range is $75,000–$85,000. Actual base pay may vary based on experience, expertise, work location, and skills. Additional compensation may include an annual cash bonus and a benefits package that includes medical, dental, vision, life insurance, and a 401(k). The firm may also support further education and industry designations.

Requirements

At least 1 year of relevant experience in trading, investment operations, or portfolio support.
Strong technological aptitude and ability to work across multiple platforms while ensuring data accuracy and operational integrity.
Ability to thrive in a fast-paced, collaborative, team-oriented environment.
Excellent communication and interpersonal skills.
Detail-oriented and organized, with the ability to manage multiple workflows simultaneously.

Nice To Haves

Experience with electronic trading and portfolio systems such as RedBlack or Eclipse.
Exposure to VBA or other analytical tools.
Progress toward the CFA designation.

Responsibilities

Implement equity execution through the firm’s order management system.
Perform daily reconciliation between the trading system and custodial records to ensure accurate settlement.
Maintain and update security models in the order management system.
Ensure trading activity adheres to firm policies, procedures, and regulatory requirements.
Participate in Research and Investment Committee meetings and highlight security or trading concerns as investment decisions are considered.
Manage customized options strategies, including options analysis for clients with concentrated positions.
Provide day-to-day trading and investment support to Portfolio Managers.
Proactively identify and suggest portfolio actions, including drift rebalancing trades, tax-loss harvesting opportunities, and trades in non-model securities driven by market movements.
Communicate market conditions, execution updates, and trade information to the Portfolio Management team and the broader firm.
Develop and maintain custom investment reports using data from platforms including Koyfin, Black Diamond, RedBlack, and related systems.