LW - Trader II

Job description

Description Summary: The LW - Trader II works closely with the Investment, Operations, Client Service and Wealth Advisor teams to ensure timely execution of rebalances and trades. Principal duties include working within our trading software system, order management system, assignment of investment models to new accounts, initiate rebalances, process raise cash requests, monitor cash balances and investing where appropriate. This role works through both automated and manual trading processes to ensure accurate implementation of Investment Committee and Wealth Advisor trade requests. Duties and Responsibilities: Team Responsibilities: - Basic understanding of investment models and risk profile framework to assign appropriate models to new accounts. - Rebalancing new and existing accounts. - Monitor cash balances for investment, distributions, and fee collection. - Execute equity, ETF and mutual fund trades. - Generate daily, weekly, monthly, and quarterly reports from various systems. - Trade reconciliation between portfolio accounting system, trading system, and custodians. - Respond to or research trade related inquiries. - Decide on establishment of appropriate restrictions from d...