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Vestmark

SaaS portfolio management and trading platform

Trading Analyst

Quantitative FinancePosted on Aug 15, 2023
Full-timeRemote in USANo salary listed

About the Job

Requirements

  • Bachelor's degree in a related field
  • 0-3 years of experience in the Separately Managed Account (SMA) or wealth management industry
  • Strong analytical skills and proficiency in Microsoft Office
  • Must be highly organized with strong attention to detail, self-motivated, good work ethics, and work effectively in a team environment
  • Teamwork - We before me-- Puts needs of the team first and aspires to bring out the best in others; collaborative, empathetic, and humble; values the opinions of others; assists others when needed; participate effectively as a member of a team; balances personal contributions and needs with those of other members of the team to achieve common objectives
  • Knowledge Explorer - Creative problem solver and adapts to challenges at hand using creative collaboration; curious, proactive, and resourceful; able to incorporate other viewpoints as part of the process of developing solutions
  • Positive Energy - Ability to address difficult situations with humor and sense of opportunity; approachable, constructive and engaged
  • Own It - Ability to be accountable for results and follow through to completion

Responsibilities

  • Proactively identify opportunities for improvements in trading process and efficiency
  • Process client model change requests by generating the across-the-board (ATB) block trade orders required to affect the model changes, within the client sponsor, while performing all related controls to mitigate risk
  • Process maintenance requests (new accounts, cash flows, terminations, tax harvests, etc.) by rebalancing accounts as instructed and routing the resulting trade orders for execution, within the client sponsor, while performing all related controls to mitigate risk
  • Communicate client model changes to Model Only/UMA sponsors in accordance with the ATB trade order rotation, within client SLAs, while performing all related controls to mitigate risk
  • Perform Trading Services on behalf of Clients to assist connectivity between Vestmark and Sponsors
  • Responsible for all aspects of trade operations including trade order management, execution review and reconciliation on trades generated by the portfolio management team across Vestmark and its enterprise clients' platforms

Desired Qualifications

  • Working knowledge of the Vestmark, CG Trade Connect, Fiserv APL, Fiserv MMS, Placemark Model Management, Envestnet Manager Portal

About the Company

Vestmark

SaaS portfolio management and trading platform

Vestmark provides portfolio management and trading software as a service for wealth management and financial services. Its main product, VestmarkONE, helps broker-dealers, investment managers, bank trusts, and financial advisors manage personalized, multi-asset portfolios by combining portfolio construction, advanced trading, rebalancing, tax-aware trading, compliance, risk management, and automated reconciliation in a single platform. Clients subscribe to the SaaS platform and receive ongoing updates, allowing them to scale operations and improve efficiency. Vestmark differentiates itself through an integrated, middle- and back-office focus designed to streamline processing, custody, and compliance workflows for financial institutions, backed by over seventeen years of experience. The company's goal is to help clients operate more efficiently, reach new audiences, and deliver better outcomes for investors by providing a stable, scalable technology stack that supports growth.

Company size
201-500
Company stage
Series B
Total funding
$40.3M
Headquarters
Wakefield, MA
Founded
2001

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