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PORTFOLIO TRADING AND OPERATIONS ASSOCIATE

AdvisorNet Financial
Hopkins, MN Full Time
POSTED ON 1/16/2025
AVAILABLE BEFORE 4/15/2025

Primary Purpose :

The Portfolio Trading and Operations Associate is responsible for trade execution, reporting, rebalancing using trading software, and Global Investment Performance Standards reporting and verification. This position will serve as a point of contact for advisors questions, concerns, and inquiries.

Key Responsibilities and Essential Functions :

  • Serve as point-of-contact for any new or in-force business related inquiries, concerns, and escalated or complex advisor service and trade requests. Cultivate strong advisor relationships to deliver VIP customer service experience.
  • Trade, reconcile, and rebalance accounts in a timely manner.
  • Support onboarding new advisors to Portfolio Partners.
  • Partner with advisors on recommendations related to proposal requests. Respond directly to advisor inquiries.
  • Maintain all client and workflow related tasks and communications in customer relationship management (CRM) database.
  • Communicate in collaboration with marketing and compliance on investment strategies and portfolio updates.
  • Support Global Investment Performance Standards reporting and verification processes using trading and reporting software.
  • Recommend and implement best practices regarding systems and processes to maximize efficiency and consistency, reduce errors, and maintain high quality of information.
  • Maintain compliance integrity and tracking of communications.
  • Recurring and ad hoc reporting for internal team and clients using software such as Tamarac and Redtail.
  • Meet or exceed the established department metrics.
  • Other special projects and duties as assigned within functional / knowledge area.

Job Specifications :

  • Bachelors degree in finance, economics, business administration, or equivalent, preferred.
  • 1-3 years of investment operations experience, required.
  • FINRA registrations Series 7 and 66 required.
  • Advanced experience with Tamarac or similar system, preferred.
  • Proficiency with NetX360, Envestnet Tamarac, Opturo, Salesforce, Albridge, Morningstar, YCharts, or similar investment technologies, preferred.
  • Strong professional verbal and written communication skills.
  • Ability to handle pressure and demanding situations with resourcefulness, tact, and confidence.
  • Ability to manage multiple priorities and projects simultaneously, effectively resolve conflict, and mitigate risk.
  • Ability to work independently with effective time management, organization, and problem-solving and analytical skills.
  • Ability to maintain confidentiality, exercise discretion, make solid judgements and act with integrity, professionalism, and empathy.
  • Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition and grammar.
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