Trader

Description

The Trader is an individual who possesses knowledge in trading strategies. This level of trader has an understanding of wrap accounts, wrap trading desks and trading. The trader will support, maintain and execute all daily operations of the trading desk. This individual has the same skills of their counterparts; however, the trader needs to groom their proficiency with time, repetition, and experience. This is a hybrid position located in San Francisco, CA or Boston, MA offices.What you will do :

• Daily implementation of investment action decisions from all product lines. This includes across-the-board trading for separately managed account (SMA) programs, multiple manager portfolios and unified managed account (UMA) programs. The implementation process may involve execution of trades or coordination of trading activity with sub-advisors.
• General trading of equity, fixed income and mutual fund asset class securities, including foreign ordinaries and ADRs. Trade execution may be done through sponsor firm trade desks, external broker / dealers or alternative liquidity sources.
• Trading for mutual funds handled or sub-advised by Natixis.
• Account specific trading for accounts in separately managed account (SMA) programs, multiple manager portfolios and unified managed account (UMA) structures, including best execution, directed brokerage and DVP accounts. This includes trading new accounts, processing style changes, rebalancing contributions and withdrawals and liquidating terminated accounts.
• Maintain, audit, and reconcile models on a regular basis.
• Run, generate and maintain all trade related reporting functions.
• Communication with sponsor trading desks and internal / external trade support.
• Recommend and support implementation and documentation of process changes in the trading area to increase process efficiency and minimize general risk & trading errors.
• Provide portfolio managers with up to date relevant market, product characteristic and related general process oriented information.
• Perform quality control checks on managed accounts, general audit, sampling, and Evidence of Review verifications.
• Maintain trading records including those detailing trade activity trading rotations, process exceptions, resolution of errors, etc.
• Participate in the facilitation, correction and detailing operational errors.
• Collaboratively support departmental and enterprise-wide project / work efforts.
• Contribute to general risk management, process improvement, knowledge development and cross-training efforts.
• Support procedural refinement and related documentation, and general policy development.
• Help reinforce team with focus around policy and procedural adherence.

What you will bring :

Who we are :

We put the best interests of our clients, employees, communities, and environment first in everything we do. We’re dedicated to fostering a culture of collaboration, diversity, and inclusion that supports employee growth. We believe this creates equal opportunities for our employees — and better outcomes for our clients and communities. We offer a robust benefits package designed to integrate life and work and to support our employees. Benefits include, but are not limited to; comprehensive medical, dental and vision insurance, paid time off, 401k plan, tuition reimbursement, student loan repayment program, wellness benefits and volunteer programs