TRADER Job at Manning & Napier
Summary
As a Trader, you will work with an Account Manager to execute the investment decisions for our clients. You will work closely with our Trade Processing, Account Management, & Compliance groups, and you will report directly to the Director of Portfolio Implementation and Execution.
As a Trader, you will work with an Account Manager to execute the investment decisions for our clients. You will work closely with our Trade Processing, Account Management, & Compliance groups, and you will report directly to the Director of Portfolio Implementation and Execution.
Responsibilities
- Ensure that all trading files are built and being executed in timely manner
- Best Execution of all Trading Programs
- Broker Selection based upon execution capability and liquidity
- Block trading of equity and fixed securities
- Trade directed accounts with the appropriate broker
- Execute miscellaneous trades as a result of account management issues such as cash flow, audits, and client requests
- Control commission costs by discounting all commissionable trades
- Allocate commissions based on the annual commission budget
- Maintain trading log data on all free trading programs and supply this data to the Trading Supervisor on a quarterly basis
- Serve as back up to overnight trading role
- Serve as back up to Fixed Income Trader trading municipal, treasuries, agencies, mortgage, and asset backed bonds.
- Error Control
- Resolve trade disputes and settlement issues
- Late Mutual Fund Trade File when requested
- Create queries and reports to reduce error risk and increase efficiencies.
- Tax Loss Sales
Qualifications
- Bachelor’s Degree
- 1+ years relevant trading experience is a plus
- FX trading experience is a plus
- Ability to work alternate hours/shifts to trade overseas
Perks
- Health, dental & vision insurance
- Employer HSA contribution
- Opt out credit
- 401k employer match
- Paid volunteer days
- Gym reimbursement
- Free access to a Workplace Financial Advisor
Please Note :
clarksqn.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, clarksqn.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.