Trading Associate

The Trading Associate will be responsible for the implementation of trade requests for RIA accounts as requested by authorized persons, and per client Investment Policy Statements (IPS) and Investment Advisory Committee (IAC) policies in a timely, accurate and professional manner. This role is hybrid and will require being in office 2-3 days a week in the Dubuque, IA or St. Cloud, MN office.

Responsibilities

•    Review, calculate and prepare trades for incoming cash and security deposits, client distributions, rebalancing, IAC model changes, stock trades.
•    Oversee newly funded accounts and implement IPS instructions.
•    Monitor cash levels to invest excess and sell for systematic distributions.
•    Monitor accounts that hold individual taxable and/or municipal bond securities, and structured notes; manage purchases of individual securities.
•    Serve as point-of-contact for and oversee SMA services.
•    Document to client relationship management system (CRM).
•    Ongoing projects to execute tax loss harvesting trades, inner class exchanges, partial share cleanups, non-model fund sell lists, follow-up requests, etc.
•    Manage data for quality control with queries and reports.
•    Stay current with economic and market conditions.
•    Stay current with changing technology, including software and financial programs.
•    Uphold, support, and promote all company policies and procedures.
•    Assist the business development unit with research and creating materials as needed.
•    Work toward continuous quality improvements and service.

Skills

•    Ability to read and interpret documents, instructions, and procedure manuals. 
•    Ability to write simple correspondence.
•    Ability to effectively present information and respond to questions one-on-one or small group situations to clients and other employees of the organization.
•    Ability to calculate figures and amounts such as percentages and weightings.
•    Ability to create and interpret mathematical equations within Excel spreadsheets.
•    Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
•    Ability to define problems, collect data, establish facts, and draw valid conclusions.
•    Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

Experience

•    Strong computer skills with Microsoft Word, Excel, PowerPoint, Outlook, CRM Database, and Internet Assist the business development unit with research and creating materials as needed. 
•    Work toward continuous quality improvements and service preferred.
•    Strong technical and mathematical skills.

•    Licensing: Series 65
 

Education

•    Associate degree (A.A.) or equivalent from two-year college or technical school and/or two to three years related experience or training preferred.

Working Conditions

•    Walking – Approximately less than 1/3 of on-the-job time.
•    Sitting – Approximately greater than 2/3 of on-the-job time.
•    Use of hands to finger, handle or feel – Approximately greater than 2/3 of on-the-job time.
•    Reaching with hands and arms – Approximately 1/3 to 2/3 of on-the-job time.
•    Stooping, kneeling, crouching, or crawling – Approximately less than 1/3 of on-the-job time.
•    Talking or hearing – Approximately greater than 2/3 of on-the-job time.
•    Weight lifted/Force exerted – An average of approximately 25 pounds, non-continuously.
•    Vision – Close vision (clear vision at 20 inches or less).
•    Travel/Driving – May be required occasionally to attend client meetings, offsite training/seminars, and other work-related events. May require use of personal vehicle.
•    Environmental – There is little to no exposure to hazardous environmental conditions.
•    Noise – Moderate (i.e., computers, printers, fax machines, hallway traffic, etc.).

The base hourly range for this role is $20.65 to $30.30, plus a competitive performance-based bonus.  Base hourly range depends on a wide array of factors, including but not limited to skill set, years and depth of experience, certifications, and location. Base annual salary may also differ significantly due to geography and cost of labor considerations.