What are the responsibilities and job description for the Portfolio Trading Analyst position at Coldstream Wealth Management?
Are you looking for a way to utilize your trading experience to take the next step in your investment career? If so, this new position may be a great fit for you.
Coldstream Wealth Management is an independent wealth management firm providing customized portfolio management, sophisticated financial planning, and personalized client services to high-net-worth individuals and families. Coldstream was founded in 1996 and has offices in Seattle, Bellevue, Mercer Island, Kirkland, Portland, Boise, and Kenai, AK; learn more at www.coldstream.com.
We provide an upbeat, friendly environment where you will be rewarded for taking initiative, collaborating, suggesting process improvements, and having fun while doing it. This is a hybrid role in Seattle (South Lake Union) working in office 2-3 days per week.
This analyst will report to our Operations Manager and work very closely with 5 Operations Associates and our Investment Strategy Group (ISG).
You will contribute by:
- Collaborating with ISG members to:
- Develop Salesforce processes for ISG functions
- Optimize Tamarac and internal processes for optimal trade results, including maintaining securities database in Tamarac and maintaining alternative fund attribute data in Salesforce
- Maintain investment models
- Performing daily reconciliation of all trades
- Researching performance inquiries from wealth management teams
- Producing quarterly reports
- Providing backup for centralized trading
- Assisting with resolution of trade errors, including creating process improvements to prevent future errors
- Assisting with training of Portfolio Managers and Portfolio Administrators
- Executing share class conversions across the firm
- Performing data audits to prevent rebalancing errors
- Classifying new securities and maintaining security databases
Experience and Skills:
What you bring:
- 1-2 years of experience in the wealth management industry, including trading and rebalancing
- Proficiency with Tamarac Advisor View and Rebalancer, Salesforce CRM, and/or similar systems is preferred
- A Bachelor’s degree
- Proficiency with Microsoft Office programs, including experience using Excel to manipulate and process data (pivot tables, x-lookups, etc.)
- Outstanding research, collaboration, communication, and problem-solving skills
- Excellent organizational skills, detail orientation, and ability to prioritize effectively
- Series 65 license or willing to obtain within first 3 months
Job Benefits:
In terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. Base pay typically starts between $60k – $80k plus an annual bonus and a generous benefits package.
As a Washington’s Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We’ve created a full benefits package that focuses on the growth, health, and wellness of our team members:
- Annual bonus based on your personal performance
-
Generous benefits package
- 100% paid premiums for medical/dental/vision, short-term and long-term disability & life insurance
- 401(k): 100% company match up to 4% of your annual pay
- Stock: Everyone can purchase equity and become an owner of the firm
- Paid Time Off: 16-26 days per year 10 holidays 1 paid day to do volunteer work
- Paid Parental Leave
- Career development: 100% training/certification/licensing/dues reimbursement
- Wellness reimbursement
- Anniversary bonuses and sabbaticals every 10 years
Coldstream is committed to inclusion and diversity. To us, diversity means employing team members of different races, genders, ages, physical abilities, national origins, religions, sexual orientations, ethnicities, political ideologies, educational and military backgrounds, and more. We welcome, support, and respect all team members, and we value the wide variety of experiences, opinions, and talents that they bring to the company. As we grow, we continue to cultivate an environment in which all team members’ perspectives and contributions are treated with respect, and every individual feels confident that they belong and are empowered to be their best.
From: Coldstream Wealth Management
Salary : $60,000 - $80,000