Asset Management Senior Trading Associate - UMA Trading

About the role

The Asset Management Senior Trading Associate position is part of the AMS Trading team and operates under a hybrid work model, requiring 3 days a week at the Memphis, TN, corporate office.

Responsibilities

• Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines.
• Create and execute large block trade allocations, determining method of execution, including limits, use of local markets for ADR conversions, and Authorized Participants for ETF creation and redemption units.
• Analyze individual account data to identify outliers of current model positions and resolve discrepancies.
• Communicate with outside managers regarding trade execution, model discrepancies.
• Perform tax loss harvesting.
• Research and resolve complex account errors, providing necessary trade corrections.
• Update trading models based on data provided by outside money managers.
• Perform other duties and responsibilities as assigned.

Requirements

• Knowledge of market trading practices of products, including equities, ADRs, ETFs, UCITs, and Mutual Funds.
• General knowledge of managed account practices.
• Principles of banking and finance and securities industry trading and operations.
• Financial markets and investment products and services.
• Mathematical ability sufficient to calculate transactions accurately and efficiently.
• Intermediate Excel experience.

Skills

• Advanced analytical skills; analyze data to draw logical conclusions and interpret results for use in decision-making.
• Personal resilience while providing a high-level customer service in a fast-paced environment.
• Problem-solving sufficient to effectively analyze, research and resolve inquiries and issues in a timely manner.
• Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.
• Ability to organize, prioritize, and manage multiple activities/tasks simultaneously and complete work efficiently.
• Ability to communicate effectively and professionally, both orally and in writing.
• Ability to work independently as well as collaboratively within a team environment.
• Attend to detail while maintaining a big picture orientation.
• Identify the needs of customers through effective questioning and listening techniques.

Qualifications

• Bachelor’s degree (High School diploma is also acceptable).
• 13 months to 3 years of general experience.
• Suitable for candidates who have passed the Securities Industry Essentials Exam (SIE) and are certified as a Tax Credit Specialist (TCS).

Benefits

• Total compensation includes base salary or wages, and may include additional compensation (cash or equity), discretionary bonuses, or commissions.
• This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.
• Eligibility for benefits and specific offerings may vary based on position and employment status.