Trader/Analyst

Title: Trader / Analyst

Department: Albion Investment Team

Department Head: Jason Ware, CIO

Location: Salt Lake City, Utah (partial hybrid/remote work option possible)

Who we are:

Albion Financial Group is an investment advisory firm founded 43 years ago in Alta, Utah. As a fee-only fiduciary from day one, we have always put our clients’ interests first in everything that we do. After four decades of growth driven mostly by referrals and word-of-mouth, we now work with hundreds of families in Utah and around the country, helping each of them make a lifetime of good financial decisions. Our wealth advisors and financial planners work closely with our clients to understand their financial goals, cash flow needs, investment time horizon, and risk profile. Our investment team’s job is to put each client’s individualized financial plan into action through fundamental research, asset allocation, stock selection, portfolio risk monitoring, tax optimization, cash flow management, and careful handling of any special circumstances that might be unique to a particular client.

What you’ll do:

Work with the Albion investment team to manage client investment portfolios / accounts. Execute large-scale block trades with a high level of attention to detail to ensure optimal outcomes across Albion’s entire client base. Respond to requests from clients and Albion’s team of wealth advisors to raise or deploy cash in accordance with each client’s customized investment policy statement. Work with Albion’s client custodian partners to quickly and efficiently resolve any trade errors or special client requests related to client accounts. Work directly with Albion clients in conjunction with Senior Wealth Advisors to ensure portfolios are tailored to match client needs and to ensure clients understand portfolio specifics. Perform detailed client account analysis to assess volatility and risk, style factor and industry exposures, income generation, and adherence to each client’s investment policy statement, making portfolio changes as necessary. Contribute to the collective knowledge base of Albion’s investment team and the shared goal of providing our clients with the best possible investment management, in accordance with their individual financial goals.

What you’ll get:

• The satisfaction that comes from helping our clients reach their financial goals
• The chance to enjoy a team-oriented, collaborative environment with shared ownership of all client relationships
• The tremendous learning opportunity that comes from working on a high-performing team led by Jason Ware, whose views on macroeconomic trends, Fed policy, company fundamentals, and the stock market have made him a nationally recognized figure in financial media, with regular appearances on CNBC, Yahoo Finance TV, Cheddar TV, Fox Business, and many others
• Room to grow professionally as Albion continues to expand its service offerings
• Competitive compensation, including a full benefits package and a 401(k) plan with employer-funded contributions
• Work with a firm that has an over forty-year history of supporting the personal and professional growth of our team members and always putting our clients first

Responsibilities will include, but are not limited to:

We do not expect candidates to begin their tenure at Albion with the capacity to effectively execute all the responsibilities listed below. However, we do expect the successful candidate to become competent in some of these areas quickly and over time build competence and capacity in the others.

• Work directly with our clients in collaboration with Senior Wealth Advisors to ensure accounts are tailored to each client’s individual needs regarding growth, income, and stability
• Utilize our technology stack to implement and manage all aspects of account customization, including asset allocation, model combinations, restrictions, substitutions, and legacy positions
• Utilize our technology stack to efficiently execute large-scale block trades, potentially across hundreds of client accounts simultaneously, ensuring best execution and optimal outcomes for all clients
• Monitor existing client portfolios for cash levels, raising or deploying excess cash as needed
• Respond to ad hoc requests regarding anything related to client accounts, including performance, trade history, cash distributions, and other topics
• Monitor existing client portfolios for asset allocation drift making adjustments in accordance with Albion’s portfolio rebalancing philosophy and methodology
• Optimize after-tax outcomes for clients by executing Albion’s tax loss harvesting methodology in client portfolios, in accordance with each client’s unique tax situation
• Work directly with our custodians to handle non-market order execution, including the placement of stop-losses, limit orders, option collars, and other client-specific trade requests
• Participate in and contribute to the Albion investment team’s macroeconomic and fundamental company research process and knowledge base

Qualifications:

• Highly motivated self-starter capable of consistently executing established processes who also possesses a relentless desire to serve others and make things better
• Strong written and verbal communication skills; ability to synthesize complex information and communicate key messages to a wide variety of audiences
• Strong quantitative acumen and analytical skills; advanced proficiency in excel a must; experience with large data sets also a plus; working knowledge of Tamarac a plus
• Proven history of building collaborative relationships with internal and external stakeholders
• Excellent time management skills with the ability to respond to shifting priorities
• Intellectually curious, ability to learn quickly, and a desire to share knowledge with others

Education & Work experience:

• Undergraduate degree required; major in math, business, economics, or related field a plus
• Prefer 2 to 5 years of professional experience in investment research, trading, and/or portfolio management. Education in the above fields can be a partial substitute for experience.

Additional Information:

• Position follows New York market hours. A typical day is 7:00 am to 3:30 pm Mountain time.
• Albion’s office is in Salt Lake City. We offer a hybrid work arrangement (in-office and remote), subject to client meetings and other factors.

Final note: if you aren’t sure that you meet some of our requirements but you’re otherwise awesome, please apply anyway and tell us how you could help Albion.

EEO Policy Statement:
Albion Financial Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Type: Full-time

Pay: From $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Vision insurance

Schedule:

• Monday to Friday

Application Question(s):

• Please send a cover letter along with your resume to employment@albionfinancial.com. Answer the following questions: Why do you want to work at Albion? Where are you currently in your career? What are your career goals?

Education:

• Bachelor's (Required)

Experience:

• in investment research, trading, and/or portfolio management: 2 years (Preferred)

Work Location: In person

Salary : $80,000