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AssetMark · 2 weeks ago

Senior Portfolio Trader

Charlotte, NC

Full-time

Hybrid

Mid, Senior Level

$80K/yr - $95K/yr

5+ years exp

AssetMark is a company shaping the future of financial services, and they are seeking a Senior Portfolio Trader to join their Trade Operations team. The role involves leading complex trade scenarios, driving process improvements, and ensuring alignment with client mandates while focusing on scalability and accuracy.

AdviceConsultingFinancial Services

No H1B

Responsibilities

Oversee trade process controls for reasons such as portfolio drift, model changes, tax optimization, cash management, sleeve allocation changes, and client directed activities

Own high-impact bulk trading events such as dollar cost averaging, scheduled withdrawals, tax harvest, corporate action model updates and trades tied to ad-hoc client requests

Serve as primary trading representative and subject matter expert in cross-functional collaboration with internal teams such as investment program group and trade executions to ensure accurate and efficient trading

Respond to escalations regarding portfolio management inquiries, impact evaluation, and recommendations that ensure alignment with portfolio guidelines and operational feasibility

Identify and implement improvements in trade generation processes, oversight mechanisms, and reporting structures to enhance efficiency and control

Lead training initiatives for both onshore and offshore teams to ensure consistent understanding of process changes and trading workflows

Play a key role in projects aimed at optimizing portfolio outcomes, scaling operational capabilities, and improving client experience

Collaborate with internal stakeholders to improve data accuracy, reduce manual dependencies, and streamline trade-related operations

Conduct process reviews to ensure data integrity, identify root causes of trade discrepancies, and escalate unresolved issues to leadership for remediation

Influence platform development through participation in UAT, feedback, and validations

Responsible for development of test scripts and oversight over execution of user acceptance testing to validate new processes, system enhancements, or rule changes tied to trade generation lifecycle

Collect and evaluate data metrics to show alignment with team objectives and deliverables, support decision making, and identify process inefficiencies or areas lacking control

Create and deliver weekly and quarterly reporting metrics utilizing dashboards and visual summaries that translate complex trading and portfolio management topics into clear, digestible insights for stakeholders

Update and create SOPs to ensure accuracy, clarity, and alignment with current workflows

Design and refine process maps to uncover inefficiencies, identify improvement opportunities, and simplify complex workflows for broader stakeholder understanding

Facilitate team discussions to surface and mitigate high-risk issues, serving as immediate escalation point for daily operational challenges

Qualification

Portfolio managementInvestment operationsRisk managementData analysisProcess mappingLarge scale trading platformsAnalytical thinkingAutonomous workCommunication skillsAttention to detail