Asset Management Trading Associate UMA Trading
Job Location:
Memphis, TN - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Job Description Summary
An individual contributor with recognized skills in a specialized role in the field of Asset Management.Job Description
This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our corporate office in Memphis TN.
As part of the AMS Trading team the Asset Management Trading Associate role uses knowledge and skills obtained through work experience to review and implement model portfolio overlays on several managed account platforms using various exchange-traded products. Under general supervision uses established procedures and guidelines to perform a variety of trading and analytical tasks requiring evaluation and complex decision-making to execute trades and resolve account issues.
Responsibilities
Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines.
Facilitate team workflow from multiple sources ensuring timely processing of trade requests.
Perform a variety of report generation and review.
Field questions and resolve issues from various internal departments and branches.
Perform tax loss harvesting.
Produce overlap analysis on existing and/or new assets.
Perform other duties and responsibilities as assigned.
Skills:
General knowledge of managed account practices.
Principles of banking and finance and securities industry trading and operations.
Knowledge of products including equities ADRs ETFs UCITs and Mutual Funds.
Financial markets and investment products and services.
Mathematical ability sufficient to calculate transactions accurately and efficiently.
Intermediate Excel experience.
Advanced analytical skills: analyze data to draw logical conclusions and interpret results for use in decision-making.
Personal resilience while providing high-level customer service in a fast-paced environment.
Problem-solving sufficient to effectively analyze research and resolve inquiries and issues in a timely manner.
Operating standard office equipment and using required software applications to produce correspondence reports electronic communication spreadsheets and databases.
Organize prioritize and manage multiple activities/tasks simultaneously and complete work efficiently.
Communicate effectively and professionally both orally and in writing.
Ability to work independently as well as collaboratively within a team environment.
Attention to detail while maintaining a big-picture orientation.
Identify the needs of customers through effective questioning and listening techniques
Licenses/Certifications:
None required.
Education
Bachelors: Accounting Bachelors: Business Administration Bachelors: Finance High School (HS) (Required)Work Experience
General Experience - 13 months to 3 yearsCertifications
Travel
Less than 25%Workstyle
HybridThe total compensation for this position includes base salary or wages and may include components such as additional compensation (cash or equity) discretionary bonuses or commissions. This position is eligible for a benefits package that may include medical dental and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation holidays and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered visit .
At Raymond James our associates use five guiding behaviors (Develop Collaborate Decide Deliver Improve) to deliver on the firms core values of client-first integrity independence and a conservative long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
At Raymond James as part of our people-first culture we honor value and respect the uniqueness experiences and backgrounds of all of our Associates. When associates bring their best authentic selves our organization clients and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
#LI-RO1Required Experience:
IC
About Company
A full-service financial firm where progress is driven by connection, delivering extensive wealth management, banking and capital markets capabilities to help clients, institutions and communities reach their goals.
