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Osaic · 3 weeks ago

Trading & Operations Associate

New York

Full-time

Hybrid

Entry, Mid Level

$75K/yr - $80K/yr

2+ years exp

Osaic is a registered investment advisor with over $7 billion assets under management, and they are seeking a dedicated self-starter to join their Asset Management team as a Trading and Operations Associate. The role involves trading tasks such as managing model portfolios and executing trades, as well as operational tasks including account servicing and preparing reports.

Business DevelopmentFinancial ServicesWealth Management

H1B Sponsor Likely

Responsibilities

Actively trade and rebalance the model portfolios comprised of ETFs and mutual funds

Generate orders in accounts using various systems

Monitor concentration percentages of each fund for trading and risk management

Monitor cash flows in accounts and execute trades accordingly

Answer advisors’ questions on all trading activity, market analysis and portfolio rebalancing

Verify previous day’s trades

Invest new accounts and track dollar cost averaging schedule for partially invested accounts

Track and monitor accounts with systematic withdrawals, restricted positions, pending distributions and any other exceptions

Receive and process all account servicing forms for certain platforms (withdrawals, beneficiary updates, address changes)

Review the firm’s five strategic asset allocation for adjustments to the portfolios along with the investment policy committee

Create dispersion report for accounts with restrictions

Provide updated model allocations to appropriate platforms and verify changes have been made

All other duties as assigned

Account servicing tasks such as processing withdrawals, beneficiary updates, address changes, etc

Establishing accounts on Black Diamond and various custodial platforms

Monitoring cash flows in accounts and trade and bill accordingly

Preparing assets under management, projected revenue and profitability reports for executives

Qualification

TradingOperations ManagementMicrosoft ExcelFINRA Series 7AccountingIndependenceCommunication SkillsOrganizational SkillsWork Ethic

Required

Bachelor's degree is required

2-5 years' experience in a similar professional capacity

Excellent verbal and written communication skills

Dedicated work ethic and strong organizational skills

Willingness to work extended hours in order to meet project deadlines

Ability to work independently with little or no direction

Must possess excellent computer skills and be proficient using Microsoft applications including Excel, Word, PowerPoint and Outlook

Preferred

FINRA Series 7 preferred

Accounting experience

Benefits

Health, vision, dental insurance

401k

Paid time away

Volunteer days

And much more

Company

Osaic

Glassdoor3.7

Osaic provides the support, resources, and community designed for the future of wealth management.

Founded in 2016

Phoenix, Arizona, USA

1001-5000 employees

https://osaic.com/

H1B Sponsorship

Osaic has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2024 (1)

2023 (1)