Trading Associate

Donaldson Capital Management•Evansville, IN

7d•$50,000 - $70,000•Onsite

About The Position

Donaldson Capital Management (DCM) is a registered investment advisor headquartered in Evansville, Indiana, with additional offices in Indianapolis, Columbus, and Alpharetta. The Trading team implements investment decisions for client portfolios, enabling advisors to focus on client relationships. The Trading Associate learns the firm’s trading process from the ground up on a defined career track leading to Trading Specialist and Senior Trading Specialist. This position works in the company’s Evansville headquarters. The role executes trades and model rebalances under established procedures, with work reviewed before release. It also supports client account setup and maintenance, portfolio audits and reporting, case management, trade reconciliation, compliance documentation, communication across teams, and data quality control. DCM offers mentorship, a defined career path, and compensation comprising base salary, a revenue pool program, and additional pay for certifications, designations, and degrees. Compensation placement depends on experience, skills, and credentials. The retirement plan includes a 4% total compensation match and annual profit sharing currently at 9%.

Requirements

Bachelor’s degree in finance, economics, business, data analytics, or a related field, or equivalent experience.
Series 65 license, or willingness to obtain it within 120 days.
0 to 2 years of experience in financial services or a related field.
Proficiency in Microsoft Office, particularly Excel.
Strong attention to detail and comfort with high-accuracy, repeatable work.
Ability to analyze data, identify trends, and implement solutions.
Initiative and adaptability in learning new systems and processes.
Excellent communication and organizational skills.
Collaborative mindset with a focus on team goals.

Nice To Haves

Familiarity with Flyer, Orion, or Schwab and Fidelity trading platforms.

Responsibilities

Execute trades and model rebalances according to established procedures; work is reviewed before release.
Raise cash for client distributions and invest new contributions.
Set up and maintain client accounts in trading and portfolio management systems, ensuring accuracy and clear communication with Traders and Advisors.
Audit cash holds, trading restrictions, and portfolio drift, and support monthly reviews for data integrity and compliance.
Process client requests, including fund distributions, restriction changes, and allocation updates.
Maintain a schedule of upcoming client reviews and prioritize rebalancing activity.
Confirm trade executions and reconcile trade activity against custodian records; promptly escalate breaks and errors to a Specialist or Senior Trader.
Follow firm procedures for trade documentation, error handling, and recordkeeping.
Work with Traders, Advisors, and Client Services to keep workflows efficient and communicate updates and outcomes.
Ensure data is accurate and consistent across systems and identify and resolve discrepancies.

Benefits

Base salary plus variable compensation through a revenue pool program.
Additional compensation for certifications, designations, and degrees.
401(k) with a 4% total compensation match and annual profit sharing currently at 9%.
Vacation, personal, and sick days are not limited to a specific number.
Workplace flexibility.
Maternity and parental time off.
Medical, vision, dental, and supplemental insurance.
Health Savings Account (HSA) and Dependent Care Flexible Spending Account (FSA).
Short-term and long-term disability insurance.
Life and AD&D insurance.
Education advancement and continuing education reimbursement program.
Career coaching.
Financial planning through SMARTMap and no fees for investment management.
Cell phone, laptop, monitors, and remote accessories if needed.
Wholesale club membership.
Parking garage.
Annual charitable donation.