What are the responsibilities and job description for the Nottingham Advisors Associate Trader / Analyst position at Community Financial System, Inc.?
Overview:
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities:
This role will center around executing both equity and fixed income trades across a platform of separately managed accounts. Trader must continually analyze markets and remain up to date with financial and economic events to the extent they impact trading flows. Trader is expected to remain up to date with the securities owned by Nottingham’s clients and be able to contribute to the Investment Policy Committee.
Essential Duties:
Qualifications:
Skills:
Experience:
Min: USD $60,500.00/Yr. Max: USD $88,000.00/Yr. Other Job Information:
Physical Requirements:
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
General Function: The Trading Associate is responsible for leading the securities trading function at Nottingham Advisors. They will manage day to day maintenance trades, as well as model position trading, including allocation.
This role will center around executing both equity and fixed income trades across a platform of separately managed accounts. Trader must continually analyze markets and remain up to date with financial and economic events to the extent they impact trading flows. Trader is expected to remain up to date with the securities owned by Nottingham’s clients and be able to contribute to the Investment Policy Committee.
Essential Duties:
The Trading Associate will work with Nottingham’s Portfolio Managers to implement client trades. The process requires a strong attention to detail, thought, as well as research and analysis to ensure best efforts are made to obtain the best execution for the client.
- Responsible for managing daily trade order flow.
- Conducts pre and post trading analysis.
- Monitors market conditions
- Collaborates with Investment Policy Committee
- Learns and Develops trade execution strategies
- Maintains relationships with counterparties, custodians, brokers, liquidity providers, etc.
- Works with Portfolio Managers to execute, buy, and sell orders.
- Reconciles equity and fixed income trades.
- Will be expected to master the operational elements of trading and Nottingham’s internal trade management and reporting systems.
- Mastery of our portfolio management system
- Will learn use of our research and trading tools, including Bloomberg, Morningstar, and Orion
- Ad hoc projects supporting client servicing, marketing, and investment research
- Creating proposals, samples, and custom reports for prospective clients or marketing materials
- Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner
Ancillary Duties:
- Provide the Investment Policy Committee with timely and relevant market information, ad hoc projects, general operational support, and performance reporting.
Qualifications:
Education, Training and Requirements:
- 4-year college degree required.
- A masters degree or MBA is optional but preferred.
- CFA charter holder, or candidate in the CFA program, a plus.
- A degree in Finance, Economics, Business Administration, Accounting, Mathematics, or other quantitative field is preferred.
- All applicants must be 18 years of age or older.
Skills:
- Individual should possess strong quantitative skills, and the ability to think quickly and make decisions.
- Proficiency in Excel, Bloomberg, and other investment management related software a plus.
- Strong organizational skills are required, as well as strong communication skills.
Experience:
- 2 years of related financial services experience in operations and trade executions preferred.
- Experience working with Bloomberg, Morningstar Direct, eVestment, Orion, or Schwab as a custodian is a plus.
- Candidate should have an understanding of Financial markets.
Min: USD $60,500.00/Yr. Max: USD $88,000.00/Yr. Other Job Information:
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
Salary : $60,500 - $88,000
