Apply on Employer Site

Cerity Partners · 1 month ago

Trader & Operations Associate

Boston, MA

Full-time

Hybrid

Entry, Mid Level

$60K/yr - $90K/yr

1+ years exp

Cerity Partners is seeking a highly organized, detail-oriented Trader & Operations Associate to join our advisory team in Boston. This role involves executing investment strategies across client portfolios, blending trading, portfolio implementation, and operational support to ensure high-quality client execution.

BankingFinanceFinancial Services

No H1B

Responsibilities

Execute equity and ETF trades across client accounts based on our core equity strategy, client mandates, and individualized portfolio needs

Assemble and execute block trades across our custodians and/or through prime brokerage relationships, ensuring best execution, proper allocation, and compliance alignment

Work closely with the Investment Advisor to implement model updates, tax-aware rebalancing, cash positioning, and opportunistic trades

Monitor portfolio drift, capital flows, and liquidity needs to maintain alignment with client goals and investment guidelines

Maintain accurate trade files, allocation records, and compliance documentation

Coordinate the onboarding and operational setup of Separately Managed Accounts (SMAs) and private investment vehicles (private equity, credit, venture, real estate, interval funds, etc.)

Prepare and track subscription documents, investor questionnaires, and custodian requirements in partnership with third-party managers and fund administrators

Ensure proper funding, timing, and reporting setup for SMAs and private investment accounts

Track capital calls, distributions, and liquidity schedules across private investments

Collaborate with the Client Associate, who handles account openings, ACATs, and transfers; ensure all trading-related requirements are communicated clearly and executed accurately

Maintain portfolio management systems (CRM, OMS/PMS) with up-to-date holdings, cash levels, and investment directives

Support the advisor team with portfolio analytics, performance reviews, drift reporting, and implementation dashboards

Assist in troubleshooting reconciliation or data integrity issues across systems

Assist in research related to equities, ETFs, managers, portfolio construction, and market themes relevant to the core equity strategy

Collaborate with the advisory team on ongoing enhancements to equity models, reconstitution workflows, sector exposures, and risk factors

Prepare materials for internal investment discussions and client-facing portfolio updates

Qualification

EquitiesETFsPortfolio ManagementExcelCustodial PlatformsQuantitative SkillsAnalytical SkillsProactive MindsetOrganizational SkillsCommunication SkillsAttention to DetailCollaboration