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Trading Administrator, Retirement & Private Wealth - Potential for Hybrid Work

HUB International
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Join our Stevie Award Winning Team at HUB International!

 

When you join the team at HUB International, you become part of the largest privately owned global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services.

 

In addition to winning the Gold Stevie Award for Employer of the Year in 2023, HUB is honored to be recognized by Forbes as one of America’s Best Large Employers in 2024.  HUB also won the Insurance Business America’s 5-Star Diversity, Equity, and Inclusion Award for the past two years.  Becoming a part of HUB means that you have the opportunity to thrive in a diverse, entrepreneurial, and fast paced team environment supported by over 19,000 professionals in 600 offices across North America.

 

We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture.

 

What You Bring:

 

You will be able to actively contribute to our track record of year over year growth fueled by innovative new products and services, mergers and acquisitions, and a great team of people. As part of our talent engine, you will exemplify our strong core values which drive our unique corporate culture. HUB’s entrepreneurial spirit is evident in our people, products and philanthropic initiatives and we are passionate about our talent.

 

We currently have an opportunity for a Trading Administrator to join our Retirement & Private Wealth team in our McLean, VA office. 

 

The selected individual will be responsible for managing the trading desk for the centralized wealth management portfolio and trading platform and will receive trade instructions from advisors for new and existing centrally managed accounts. The Trader will execute trade instructions as provided by advisors and as scheduled for rebalancing portfolios. Types of trades include investing new or excess cash or selling investments to raise cash for distributions.  

 

Job Responsibilities:

  • Orion Eclipse Management
    • Perform model and security set updates in Orion Eclipse.
    • Maintain client target allocation database in Orion Eclipse.
    • Manage account configurations in Orion Eclipse to ensure accuracy of accounts to assigned allocation models, cash reserves, and restricted securities.
    • Daily review of portfolios out of tolerance, cash needs, and account discrepancies.
  • Day to Day Trading
    • Execute firm-wide and account-by-account transactions based on model portfolio decisions.
    • Process trades for client cash flow needs.
    • Prioritize and organize workflow while performing operational tasks and executing trades through each market day.
    • Monitor alerts throughout the day to quickly resolve trade-related issues.
    • Review end of day reports for any issues that need to be resolved and work to timely resolve them.
    • Communicate learnings to Centralized Portfolio and Trading Team
  • Platform Support
    • Onboard Advisor offices onto the centralized trading and portfolio management platform.
    • Generate prospect client portfolio comparison reports for Advisors.
    • Maintain models, generate attribution and performance analyses with the use of Morningstar Direct.
    • Circulate quarterly performance sheets to Advisors.
    • Develop process and procedure best practices for national distribution of the centralized trading and portfolio management platform.
    • Perform additional responsibilities and undertake special projects as assigned.
  • Additional responsibilities include (but are not limited to) trouble shooting and fixing trading issues and errors when they arise, ensuring that trades settle correctly, ensuring accounts are invested in the correct portfolios, and ensuring that accounts have appropriate cash levels.

 

Qualifications:

  • Required Qualifications:
    • FINRA Series 7, 66
    • Knowledge of managed accounts business and trading at the book of business level.
    • Knowledge of investment management operations and practices including trading and portfolio management software.
    • Must have a working knowledge of the financial markets, including equities, fixed income, mutual funds, and ETFs.
    • Ability to collect, analyze, synthesize, interpret, and communicate data objectively, quickly and effectively.
    • Understanding of investment portfolio theory and construction.
    • Detail Oriented, Quick Leaner, Problem Solver
  • Preferred Qualifications:
    • Working knowledge of trading platforms of LPL, Schwab, and Fidelity
    • Proficient in Orion Advisor, focused on Eclipse
    • Proficient in Microsoft Office, focused on Excel
    • Proficient in Morningstar Direct

 

What We Offer You:

 

At HUB International we want you to achieve an even work-life balance, and our benefits package allows you to manage your health, wellness, and financial future. HUB International will foster your learning, support your endeavors, and encourage your growth. We provide opportunities for career-driven individuals to move upward in our organization. Our successes breed your opportunity!

 

Benefits you may enjoy working at HUB International Mid-Atlantic, Inc:

  • Medical, Dental, Vision and Prescription Drug Coverage
  • Health Plan Reimbursement Program
  • Health Savings Account (HSA)
  • 401(k) Savings Plan
  • Employee Assistance Program (EAP)
  • Comprehensive Wellness Program
  • Flexible Spending Accounts (FSAs)
  • Life and Disability Plans
  • Long-Term Care
  • Identity Theft, Group Legal, Accident, Critical Illness, Pet Insurance and many more!
  • Low-Cost Loan Program and Student Loan Resources
  • Vacation, Holiday, Sick, and Personal Time Off
  • Comprehensive Onboarding
  • Continuing Education
  • Flexible Work Arrangements
  • Dress for Your Day Dress-Code

 

Employee Resource Groups and Voices of HUB Employee Groups:

 

All HUB employees have an opportunity to get personally involved in our efforts to be an inclusive company where everyone is heard, valued, respected and everyone can be their authentic selves. An easy way to get involved is to join one of our Employee Resource Groups (ERGs) or one of the Voices of HUB Employee Groups.

 

Currently we have two ERGs:

  • HUB Women Network
  • HUB Black Inclusion Network

 

Our Voices of HUB Groups are:

  • Asian Pacific Islander Voices
  • Hispanic Voices
  • HUB Young Professional Enrichment (HYPE)
  • Indigenous Voices
  • Pride Voices
  • Military Veterans/Military Spouses & Families Voices

 

Employees engaged in these groups all have an interest in raising awareness at HUB supporting the three-pronged D&I Strategy:

  • Talent – the attraction, recruitment, and hiring of the best diverse talent;
  • Culture – creating a culture of Inclusion and Belonging; and
  • Community – having a diverse lens to the societal impact that we have in communities through volunteerism and philanthropy.

 

The expected salary range for this position is $30.77 to $41.03 hourly and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.

 

Apply today!