Trading Associate

Cerity Partners•Louisville, KY

1d•$60,000 - $70,000

About The Position

The Trading Associate provides trading, rebalancing, and investment management services to the Wealth Management Services team and works closely with a trading team located in Louisville, Kentucky. The role provides investment advisory support, helps keep client portfolios aligned with their assigned investment policies, and supports advisors, the Investment Committee, and the Investment Office with investment-related analysis and services. The position uses an existing software platform to analyze and rebalance household accounts and individual taxable, tax-deferred, and non-taxable client portfolios. It also supports performance reporting, data collection and analysis, data visualization, and special projects. The associate may provide backup research support and due diligence on investment managers and allocations. The compensation range is $60,000–$70,000. Cerity Partners describes its rewards package as including health, dental, and vision insurance starting on day one; a 401(k) plan with a 4% match; flexible PTO; parental leave; financial assistance for advanced education and professional designations; opportunities to give back to local communities; and commuter benefits. The company states that it is an equal opportunity employer committed to an inclusive and diverse workforce and will provide accommodations to applicants with disabilities or special needs.

Requirements

Bachelor’s degree required.
0–3 years of relevant investment experience.
General knowledge of investment products, asset location, and portfolio construction for taxable investors.
Ability to learn and manage software tools for trading and analysis.
Ability to communicate with colleagues.
High attention to detail and thoroughness to help prevent trading errors.
Client-first attitude, patience, and poise.
Ability to work in a fast-paced environment with shifting deadlines and priorities.
Ability to handle multiple responsibilities, apply skills across different areas of the business, and adapt to changing conditions and needs.
Organized, self-directed, and able to multitask.
Good written and verbal communication skills.
Willingness to acknowledge mistakes and work to improve systems to prevent future problems.
Proficiency in Microsoft Office.
Applicants must be authorized to work for any employer in the United States.

Nice To Haves

Experience investing for high-net-worth clients.
RedBlack and/or Eclipse system trading experience.
Experience processing and performing reconnaissance on large amounts of data.
Expert-level Excel skills.
Light programming skills.
Further education or work toward an appropriate certification.

Responsibilities

Provide investment advisory support to the Wealth Management Services team.
Ensure client portfolios remain within their assigned investment policies.
Curate and execute trades as directed and according to investment allocations.
Perform reconciliation and maintenance of systems and trades.
Use an existing software platform for ongoing analysis and rebalancing of household accounts and individual taxable, tax-deferred, and non-taxable client portfolios.
Communicate clearly with advisors about trading-related topics and processes.
Support the Investment Committee and Investment Office with investment advice to clients, performance reporting, data collection and analysis, data visualization, and special projects.
Provide backup support to other investment colleagues, including research and due diligence of managers and investment allocations.