Job Description Summary: The Trade Execution Manager is responsible for supporting the firm's day-to-day trade execution and operations. The role focuses on reviewing trade orders and transmitting them to custodians accurately and efficiently, as well as reviewing, documenting, and resolving trade errors. In addition, the Trade Execution Manager monitors and maintains Trade Operations action items for the team, helping ensure that trading activities and outstanding issues are handled accurately and efficiently.
Focus provides team members the flexibility to work a hybrid schedule. Our hybrid model is defined as 3 days in office work required per week, while giving team members the option to work remotely 2 days per week, or as assigned by their team leader.
Job Description: Primary Responsibilities- Transmit trades through our Trading platforms.
- Review, process, and document trade errors.
- Answer incoming advisor questions regarding trades and trade correction.
- Reconcile trades to ensure proper execution and identify unexecuted orders.
- Assist Portfolio Trading Strategists and Advisors executing complex trades (Illiquid Investments, Options, Large Block Trades, Restricted Stock).
- Work with Custodians via Phone/Email to rectify NIGO items.
- Conduct security research as needed.
- Assist with other Trading Operations processes.
Qualifications- Two years of experience in financial services required
- Experience working with RIAs and Independent Financial Advisors a plus.
- Bachelor's degree.
- Strong proficiency in Microsoft Applications
- Orion Eclipse Software and Envestnet experience preferred
- Fidelity and/or Schwab platform experience preferred.
- Strong written and verbal communication skills.
- Desire to take ownership and provide the best customer service in the industry
- Energetic self-starter with an extremely positive, can-do attitude
- Strong organization skills with exceptional attention to detail
- Must work well in a team environment, supporting others and filling in as necessary
- Must be able to prioritize and switch tasks as needed
The Trade Execution Manager is an exempt position. The annualized base pay range for this role is expected to be between $75,000 - $95,000/year. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other rewards may include an annual cash bonus and a comprehensive benefits package.
Focus Partners is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, Focus Partners supports clients at every stage of life, helping them manage their financial future. Focus Partners uses research-backed investment strategies to create custom-built portfolios and delivers personalized wealth planning solutions to clients in all 50 states. Focus Partners is part of Focus, a leading financial services firm comprised of wealth management, family office, and business management services. To learn more about Focus, visit focuspartners.com or follow the company on LinkedIn.
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