Managed Account Trader/Administrator

OVERVIEW

The primary function of the Managed Account Trader is the trading and administration of the SMA and UMA relationships at GIM. In addition, this person will be required to back-up the Institutional Desk traders as required.

RESPONSIBILITIES

• Monitor and direct trade rotation pursuant to GIM’s trade rotation policy.
• Aid Sales team in responding to account inquiries as needed.
• Perform tax harvesting in accounts when requested.
• Assist in Proxy administration.
• Monitor SMA/UMA relationships.
• Execute the trades for SMA accounts on APL Report trades to the UMA-Overlay relationships.
• Maintain trade/account reconciliation reports for GIM and sponsor relationships on a regular basis.
• Execute trades for new or terminating accounts and any cash flows using approved models.
• Update monthly AUM report.
• Perform monthly reconciliation of UMA-Overlay models.
• Engage actively in department-specific and firm-wide initiatives to expand capabilities, create solutions to unmet business needs, improve user experience, or develop more efficient processes.
• Contribute to the advancement of team, office, and business capabilities.

REQUIRED QUALIFICATIONS

• Bachelor’s degree.
• 4+ years trading and administration experience on Tegra/Fiserv APL.
• 2+ years back office experience related to SMA/UMA relationships.

PREFERRED QUALIFICATIONS

• Ability to deal effectively with clients and other external constituencies.
• Must possess analytical skills and show great attention to detail.
• Command of CRD, Tegra/Fiserv APL, Bloomberg, Microsoft Excel required and ability to adapt to related applications.
• Excellent math and audit skills.
• Strong organizational and negotiation skills.
• Demonstrated oral and written communication skills.
• Ability to operate effectively under pressure.

Benefits Overview

Competitive health and welfare benefits, including company HSA contributions
Numerous voluntary benefit choices available
Superior 401k match
Tuition reimbursement
Company subsidized commuter benefits
Generous paid time off, including parental leave
Plus more!

About Glenmede

Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit www.glenmede.com.
Our Benefits Overview: Click here for details.

Equal Opportunity Employer

Glenmede is an equal opportunity employer and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/.