Associate Portfolio Manager, Trading

Position Summary The Associate Portfolio Manager, Trading works with Wealth Advisors, Associates, and the Investment Team to monitor and invest client accounts. This position executes stock, mutual fund and fixed income trades to invest cash, raise cash, and rebalance accounts according to established guidelines. It also monitors accounts, performs periodic compliance reviews and recommends or takes corrective actions when appropriate. Duties & Responsibilities Level I – operates as an entry-level hire, in direct supervision of manager, to complete monitoring portfolios and trade/rebalance tasks: Execute stock and mutual fund trades as requested by advisors. Rebalance client accounts to predefined target allocations. Monitor accounts to ensure they are invested according to established guidelines and account-specific policies and restrictions. Maintain and update client-specific restrictions and investment guidelines in trading systems. Generate trade proposals and recommendations as requested by advisors. Perform periodic reviews of accounts for compliance purposes. Level II – manages more complex portfolios that have multiple accounts, non-standard holdings or tax issues. Requires a fairly deep understanding of underlying investments to make custom recommendations. Work directly with advisors to generate and execute customized proposals for clients’ unique situations incorporating legacy holdings, tax minimization and asset location across multiple accounts. Monitor and review trades generated across all client accounts. Compile trades and execute in appropriate market venue seeking best execution. Manage trading of large orders, illiquid assets or other uncommon securities. Implement model changes across multiple client accounts. Assist in the generation of performance reporting, market commentary, and presentation materials. Act as interface between trading functions and other core WM teams to problem-solve and plan as needed. Complete investment analysis, under supervision of Investment PM, such as equity, fixed income or mutual fund research. Education & Experience Knowledge Of Strong oral and written communication skills Strong attention to detail Ability To Provide a high level of customer service Work independently and perform duties under frequent time pressures Adhere to established policies and procedures including maintaining confidentiality of customer account information Minimize trade errors and account-level non-compliance Maintain timeliness of response to trade requests Education And Training Requires Bachelor’s degree. Requires proficiency in Microsoft Office, experience with Microsoft Excel including use of Pivot Tables, Macros, and VBA. Compensation And Benefits Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance. (Base Pay Range: $57,800 - $65,000/year) Business provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Business’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Business Total Rewards for more information. Equal Opportunity Business values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Business’s commitment of delivering service excellence. Business is an Equal Opportunity Employer including Disability/Vets. Visit Business.com/Careers to learn more about Business’s Equal Opportunity Employment. #J-18808-Ljbffr Busey