Trading Manager

Altruist • Dallas, TX

2d • Onsite

About The Position

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients. We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you! But first, our values Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully. Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one. Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles. The opportunity Altruist's Trade Desk sits at the center of the advisor experience: every order, correction, and market event runs through it. As we launch Margin and Options and expand fixed income, we're hiring a Manager, Trading as a desk generalist to run daily workflows and the trade lifecycle across equities, options, and fixed income, while supporting Credit Risk functions. This role sits within the Trading & Brokerage Operations organization and reports to [reporting manager]. It is an individual contributor role, not a people leadership role: a functional manager seat one step up from the Senior Analyst level, with deeper ownership of daily workflows, escalations, and process quality. It is built for someone who aspires to lead and wants to earn that seat by mastering the function first. If you want breadth across asset classes and daily ownership of desk operations at a fast-growing custodian, with a clear path toward leadership, this role offers meaningful scope.

Requirements

• 5+ years of experience on a trading desk, in trading operations, or in execution services at a broker-dealer or custodian
• Hands-on experience with equity and options order handling, routing, and trade support
• Exposure to fixed income order flow and bond market mechanics strongly preferred
• Experience managing trade breaks, corrections, and error accounts
• Working familiarity with margin mechanics, including calls, buying power, and liquidations
• Experience with OMS and routing platforms such as Sterling or equivalent
• Experience with clearing platforms such as FIS Phase 3 or equivalent
• Understanding of RFQ platforms (e.g., RFQ Hub, Tradeweb, RFQE)
• Strong Excel skills; comfort working with large trade datasets and internal tooling
• FINRA Series 7 and Series 63 required
• Series 57 required, or must be obtained within 90 days of employment
• Series 24 and Series 4, or willingness to obtain
• Series 52, or willingness to obtain, given municipal order handling
• High ownership mentality: you treat the desk's daily operations as yours to run and improve
• Versatile generalist: comfortable moving between equities, options, fixed income, and risk support within the same day
• Aspires to people leadership and demonstrates it now through mentoring, documentation, and raising the bar for others
• Genuinely curious about AI: you actively experiment with AI tools to triage breaks, analyze execution quality, draft documentation, and automate repetitive work, and you want to help define how AI is used on the desk
• Calm, decisive judgment during fast markets and high-severity events
• Clear, confident communicator with advisors and internal partners
• Comfortable building structure in ambiguity as products launch and scale

Nice To Haves

• Exposure to fixed income venues and data tools (e.g., Tradeweb, MarketAxess, ICE Bonds, Bloomberg) a plus

Responsibilities

• Monitor daily order flow, routing, and executions across equities and options, resolving anomalies and escalating issues
• Review orders and evaluate risk on trades that drop to review, approving, rejecting, or escalating per policy
• Manage and work not held orders via algo strategies or RFQ
• Serve as the desk's senior point of contact for advisor questions on orders, executions, and market events
• Work fixed income order flow, including treasuries, municipals, corporates, and brokered CDs, across dealers and electronic venues
• Support advisor questions on bond availability, pricing, yield, and order status
• Flag pricing and settlement exceptions on fixed income trades and drive them to resolution
• Support Credit Risk by executing liquidations required to satisfy margin calls and debit obligations
• Support Credit Risk in enforcing PDT, Good Faith, and Freeride restrictions on the desk
• Field buying power and restriction questions from advisors and route risk decisions to Credit Risk
• Oversee trade break research and resolution, cancels and rebills, and trade error handling under firm policy
• Maintain the trade error account process, including documentation, approval, and loss tracking
• Ensure clean handoffs between the desk, clearing, and settlement workflows
• Execute daily desk activity in compliance with applicable SEC, FINRA, MSRB, and exchange rules governing order handling and trading
• Maintain documentation and exception evidence for desk workflows
• Partner with Product and Engineering on trading feature buildouts across asset classes
• Design desk workflows that scale with volume, reducing manual touches and embedding controls from day one
• Identify where AI and automation can improve break triage, exception handling, and advisor response quality, and pilot those improvements

Benefits

• Competitive pay and equity for eligible positions
• Premium healthcare, dental, and vision insurance plans (HMO and PPO)
• 401k savings plan with a 4% match and immediate vesting
• 16 week paid parental leave after one year of employment
• Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee
• Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.)
• Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.)
• One month work from anywhere policy (with the exception of a few countries)
• Total compensation includes a competitive benefits package, along with a bonus program for eligible roles.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed