Portfolio Administrator / Trader

The PSG group is responsible for timely and accurate execution of all trade instruction on client accounts. This includes new account funding, additional contributions, withdrawals, model changes, etc. In addition, PSG executes strategist strategic and tactical model changes on an ongoing basis through the year. This generally involves re-balancing a large number of accounts simultaneously. PSG group functions also include daily reconciliation of accounts and managing the trade claim/correction process. PSG also monitors a number of daily data extracts from the APL trading system that are then loaded to our internal web-site to ensure the AIS web-site is accurately reflecting all client activity and performance.The PSG group is also responsible for producing, validating, and collation of the quarterly performance reports that are then distributed to every client. PSG plays a key role producing, auditing, and reporting monthly/quarterly performance numbers that are utilized resources on the AIS web site and in numerous AIS marketing pieces.
Responsibilities for this position include:Execute trading instructions
Confirm trading activity in the billing system
Daily account reconciliation
Maintain strategist model allocations
Proactively communicate with internal groups on issues and issue resolution
Continually develop a more comprehensive understanding of the AssetMark program
Actively research and link new account funding
Actively monitor account suspensions/account restrictions
Continually assess current operating procedures to find process improvement opportunities, take part in ongoing efficiency projects
Facilitate allocation instruction to custodians involving cash and in-kind securities
Monitor aged outstanding actions for timely resolution
Create and implement procedures that minimize PSG trade claim risk
Assist in production of Quarterly Performance Reports for each client
REQUIREMENTS
Bachelors degree required
1 - 2 years financial services industry experience a plus
Prior mutual fund trading experience a plus
Must be detail oriented