Trading Analyst

Wealth Enhancement Group•Los Angeles, CA

1d•$100,000 - $130,000•Remote

About The Position

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 90,000 households from our over 175 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com. Our Los Angeles, California team has an excellent opportunity for a Trading Analyst. This person is expected to define and manage the account trading process, focusing on efficiency and accuracy using Orion and Eclipse software and knowledge of securities trading. The Trading Analyst also contributes to the managed portfolios by monitoring the portfolios and current investments. We're looking for someone with a passion for trading and sees a long-term career doing this type of work. This is a fully remote position. We're looking for someone available Monday-Friday from 6:30am-1:30pm pacific (9:30am-4:30pm eastern). In the spirit of pay transparency, we are excited to share the base salary range for this position is $100,000.00 to $130,000.00, exclusive of bonuses and benefits. This role is also eligible to participate in the discretionary team bonus plan. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.

Requirements

Series 65 license or Series 7 & Series 63 strongly preferred
Bachelor’s degree preferred in finance, business, economics, or a related field (or equivalent as demonstrated through one or a combination of the following: work experience, training, military experience, and/or education)
3 + years of related work experience in the asset management or financial services industry
Must have experience as a Trader or Trading Assistant for equity, mutual funds, and ETFs
Moderate understanding of the securities market and trading fundamentals required
Preferred software proficiency: Orion, Eclipse, Bloomberg, Salesforce. Microsoft Excel and Microsoft Office Suite
Experience with Schwab and Fidelity’s trading platforms preferred
Strong analytical and quantitative skills with keen attention to detail
Excellent written and verbal communication skills, with the ability to present complex information in a clear and concise manner
Strong work ethic, self-motivation, and a proactive approach to problem-solving
Commitment to high standards of ethical behavior and trustworthiness
Strong attention to detail and accuracy
Ability to work collaboratively with portfolio managers and analysts
Excellent organizational and time management skills
Strong communication skills to effectively coordinate with team members
Demonstrated ability to effectively use AI tools and technologies in daily work tasks
Requirements include understanding how to craft effective prompts, evaluate AI-generated content for accuracy and appropriateness, and integrate AI tools to enhance productivity while maintaining quality standards
Comfort with learning new AI applications and understanding their appropriate use cases and limitations
As AI technology evolves, continued learning and adaptation to new AI tools and methodologies will be expected

Nice To Haves

Series 65 license or Series 7 & Series 63 strongly preferred
Bachelor’s degree preferred in finance, business, economics, or a related field (or equivalent as demonstrated through one or a combination of the following: work experience, training, military experience, and/or education)
Preferred software proficiency: Orion, Eclipse, Bloomberg, Salesforce. Microsoft Excel and Microsoft Office Suite
Experience with Schwab and Fidelity’s trading platforms preferred

Responsibilities

Complete trade requests, required minimum distributions (RMDs), withdrawals, and investment of new funds
Process client model change requests by generating the across-the-board block trade orders required to affect the model changes
Perform tax loss harvesting
Maintain cash balances in client account
Execute trades according to portfolio manager directives and in accordance with the firm’s best execution policies
Coordinate between custodians, customer service team, and financial advisors
Generate daily performance sheets
Complete quarterly best execution report
Create trade sheets for new and cash-added accounts
Assist in quarterly performance presentation
Implement strategic portfolio adjustments in collaboration with portfolio managers and analysts
Ensure security weightings align with model allocations
Utilize pricing methodology for block trades
Ability to work collaboratively in a team environment

Benefits

Training and professional development
Medical, dental and vision coverage (Available to full-time employees and their families)
Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
Life and AD&D insurance – employer paid and voluntary options
Short-term and long-term disability, workers compensation – employer paid
401k with match and profit sharing
Wellness programs and resources
Voluntary benefits, including pet insurance
18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
12 paid holidays each year (10 pre-determined and 2 floating days)
Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)