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Raymond James · 2 days ago

Mutual Funds Sr Associate - Trading Back Office Team | St Petersburg, FL

Saint Petersburg, Florida - United States

Full-time

Hybrid

New Grad, Entry Level

0+ years exp

Raymond James is a financial services firm seeking a Sr Mutual Fund Trading Support Associate to join their hybrid work environment. The role involves executing standard and specialized financial transactions within mutual fund operations, ensuring accurate trade processing and handling exception-based transactions with attention to detail and problem-solving skills.

BankingFinancial ServicesInformation TechnologyInsuranceWealth Management

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Manually facilitates trade order processing when required

Ensures that trades are executed and confirmed in accordance with organizational policies and procedures

Facilitates the price-adjustment and trade-correction process

Ensures trades are confirmed and researches and resolves unconfirmed trades

Reviews trade problem, analyzes and interprets data and determines appropriate corrective action

Contacts internal and external customers to resolve trading problems

Maintains currency in trading policies and procedures

Provides trading support to financial advisors and responds to inquiries regarding fund suitability, products and services

Establishes and maintains periodic orders. Resolves periodic order issues, cancels and corrects as needed

Ensures trades are receiving appropriate breakpoints/sales charges

Reviews, uploads and researches rejects on bulk trades for discretionary accounts, works with advisor to reprocess as needed

Coordinates and processes share class conversions, works with both internal and external departments and funds companies to ensure successful conversions

Ensures that all the varied and complex fund family rules and procedures are adhered to, and that the firm's regulatory obligations are met

Processes various trade related reports and utilizes tools including trade related databases and 3rd party applications

Researches and corrects Asset Management Services portfolio rebalance issues

Produce, update, and provide best practice support on Microsoft documents, databases, and other departmental systems. Tasks may include purchasing materials, entering budgetary information, and recording time and expenses

Carry out operational tasks by following established processes. This will involve adjusting multiple settings or parameters to meet performance standards

Prepare routine letters, memoranda, reports, and similar documents following detailed instruction. This is likely to involve using the full range of functions within standard office software

Create, organize, and maintain files containing the correspondence and records of a senior colleague

Help manage internal client relationships by supporting others to build effective working relations

Assess compliance with established standards and protocols for routine inquiries

Support others by working on a variety of data management tasks

Develop working knowledge of the organization's policies and procedures and of regulatory codes and codes of conduct relevant to own work, adhering to mandatory procedures to ensure own work is undertaken to the required standards

Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching

Qualification

Mutual Fund tradingInvestment conceptsExcelData analysisCustomer relationsProblem-solvingAttention to detail

Required

High School (HS) (Required)

General Experience - 7 to 12 months

Intermediate investment concepts, practices, procedures and industry regulations related to Mutual Fund trading activities

Principles and practices of customer relations and communications

Accounting principles

Front-end system used in assigned functional area and its relationship with account history

Excel, Word, Outlook and other applications as needed

Identifying financial events that affect orders

Reconciling and correcting transactions

Updating and maintaining information systems

Handling a high volume workload, phone calls and various other requests within specified timeframes

Operating standard office equipment and using required software applications, sufficient to create documents, spreadsheets, and business correspondence

Uses clear and effective verbal communications skills to express ideas, request actions and formulate plans or policies

Plan, organize, prioritize and oversee activities to efficiently meet business objectives

Develop appropriate plans or perform necessary actions based on recommendations and requirements

Analyze data trends for use in reports to help guide decision making

Uses an understanding of numerical concepts to perform mathematical operations such as report analysis

Develop, monitor, interpret and understand policies and procedures, while making sure they match organizational strategies and objectives

Company

Raymond James

Raymond James provides a range of investment banking services focused on the telecommunications and communications sectors.

Founded in 1962

Atlanta, Georgia, USA

10001+ employees

http://www.raymondjames.com

H1B Sponsorship

Raymond James 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

2023 (1)