Trade Operations Associate
HighTower Advisors
This is a Full-time position in Chicago, IL posted December 17, 2021.
Trade Operations Associate
Chicago, IL, USA Req #299
Friday, June 4, 2021
The Firm
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA).
The Role
The Trade Operations Support Specialist is a key member of the Trading desk, supporting trade processes, data management, and portfolio management tools. This position requires strong knowledge of investment industry, computer skills, attention to detail, positive professional attitude, and ability to work in a team environment. This role requires oversight on all facets of a trade’s life from verifying execution, to booking, to settlement in end client account.
Duties and Responsibilities
- Provide operational support for the Trade desk team
- Post trade processing and allocation
- Responsible for the daily monitoring and resolutions of trade settlements, trade breaks, and DK’s.
- Build relationships within custodians and counterparties to assist in reconciliation
- Investment and Operational Projects as needed
- Respond to queries and issues raised by advisors
- Assist with trade error processing and reconciliation
- Manage research distributions
Required Qualifications
- Bachelor’s Degree from an accredited college or university
- Series 7 Required
- Previous experience preferred but not required
- A friendly professional demeanor and ability to excel in a team oriented environment
- Strong proficiency with Microsoft Office suite especially Excel
- Strong analytical and detail-oriented aptitude; a high degree of accuracy is required
- Excellent communication and organizational skills
- Ability to manage time effectively, set priorities and meet deadlines
- Ability to learn and adapt to change
Other details
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Pay Type
Salary
