Asset Management Senior Trading Associate - UMA Trading
Raymond James · Memphis, Tennessee, US
Job Description Summary Job Description This position will follow our hybrid work model; we expect the selected candidate to work 3 days a week at our Memphi...
Job description
Job Description Summary Job Description: This position will follow our hybrid work model; we expect the selected candidate to work 3 days a week at our Memphis, TN, corporate office. As part of the AMS Trading team, the Asset Management Senior Trading Associate utilizes knowledge and skills acquired through work experience to review and implement model portfolio overlays across multiple managed account platforms, utilizing various exchange-traded products. Under general supervision, uses established procedures and guidelines to perform a variety of trading and analytical tasks requiring evaluation and complex decision-making to execute trades and resolve account issues. Essential Duties and Responsibilities: Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines. Create and execute large block trade allocations, determining method of execution, including limits, use of local markets for ADR conversions, and Authorized Participants for ETF creation and redemption units. Analyze individual account data to identify outliers of current model positions and resolve discrepancies. Communicate with outside managers regarding tr...