Trading Operations Associate

Pathstone•Newtown Square, PA

About The Position

Concentric Innovation (“Concentric”) is an investment management firm specializing in customized direct indexing and integrated portfolio solutions for independent RIAs, family offices, and institutional investors. Founded in 2001 and based in San Francisco, the firm has spent over two decades refining its proprietary technology to deliver tax-efficient investment outcomes and specializes in developing investment solutions at scale for its clients. Managing $13+ billion in assets , Concentric's mission is to empower advisors with precision-driven solutions that streamline operations, optimize investment objectives, and enhance client experiences. Since 2022, Concentric has been an affiliate of Pathstone Family Office, LLC, fueling collaboration with a like-minded wealth management partner, expanding its reach and capabilities for a new generation of investors. Operating at the intersection of quantitative investing, technology innovation, and client-first service , Concentric offers an innovative environment where talented professionals can help shape the next generation of investment management infrastructure. Concentric’s Philadelphia metropolitan area team is seeking a Full-Time Trading Operations Associate who is meticulous, thrives in a fast-paced team environment, and is an independent multi-tasker. This individual will primarily support the day-to-day trading operations but may also engage in buy-side fixed income trading for the firm’s SMA platform.

Requirements

Bachelor’s degree
0-3 years of relevant work experience
Ability to communicate clearly and effectively with team members, Advisors, and counterparties
Attention to detail, excellent organizational skills, and strong work ethic

Nice To Haves

Business degree
Experience working in investment operations
Familiarity with industry-standard platforms, specifically Bloomberg
Knowledge of equity and fixed income markets, key instruments, investment strategies, and risk measures
Equity order management and/or fixed income portfolio management software proficiency
INDATA and/or Advent knowledge

Responsibilities

Daily equity and fixed income trade settlement and reconciliation
Liaison between the PHL Trading Desk, internal functional teams, and counterparties (e.g., brokers and custodians)
Best execution review and analysis
Portfolio reporting and project management