Senior Trading Specialist

The Sr. Trading Specialist position is a great opportunity to work for an established, top rated Wealth Management firm. The Trading Operations Department is an integral department in managing firm and client risk, while ensuring client requests are processed quickly and accurately. This position provides exposure to activities such as alternative investments, fixed income and securities-backed-line-of-credits, as well as general service and operations trading support to our financial professionals. This is a great opportunity to learn to lead others through demonstrating the ability to empowering advisor success through reinvention, advocacy and integrity.

RESPONSIBILITIES:

In addition to complying with all regulatory rules, written desktop procedures and company policies and communicating effectively with the Kestra Financial Professionals and with internal staff, key responsibilities include:

• Identify and monitor exceptions, measures, procedures and systems for quality and risk control; bring to the attention of and work with Management and Compliance on exceptions, additions and changes to systems, policies and/or procedures.
• Demonstrate a thorough operating knowledge of all high networth offerings that fall within Trading Operations purview and be able to competently explain processes to financial professionals, including best practices.
• Be able to identify needs of the financial professionals and give suggestions based on known information. Be able to ask clarifying questions to help financial professionals determine best fit for their clients when choosing between different partners.
• Assist our financial professionals, clearing firm, and external and internal partners with general and complex transactions, correcting trade breaks, trade corrections, research/inquiries, adherence to agreements and/or policies, and reconciling expense/income anomalies (and other functions assigned to the team).
• Maintain accurate and timely daily trade logs, blotters, trade correction documentation, and report review.
• Assist with new team member training/quality control, management with trade blotter review, and handle first level escalation of department issues; including assisting junior traders with market corrections.
• Assist the Sr. Operations Principal with monthly or quarterly status meetings on regulatory trade reporting statistics including actions taken to remedy reporting issues.
• Other responsibilities as assigned.
• Commitment to culture requires a demonstration of professionalism, accountability, customer/client focus, and teamwork.

SKILLS:

• Must understand the operational and regulatory aspects of trading various security types through a 3^rd party custodian like Fidelity/NFS.
• Working knowledge of National Financial Services (NFS) is preferred
• Experience with Salesforce and Laserfiche is preferred
• Ability to interact well with internal and external customers
• Must be able to perform duties accurately and timely.
• Must be recognized as a go-to person for questions and escalations.
• Must exemplify corporate mission statement and advisor first culture.
• Must be proficient with Microsoft Outlook, Word, and Excel. Must have basic knowledge of Power Point.
• Must be able to read, analyze and reconcile trading reports.
• Must become proficient with the use of clearing firm, vendor(s) and internal programs and software within 30 days of hire including but not limited to Salesforce.
• Must possess good analytical skills, problem solving skills and good communication skills, both verbal and written.
• Must have good attention to detail.
• May be required to work overtime, as necessary.

SUPEVISORY RESPONSIBILITIES:

• Supervision of department personnel during department manager’s absence.
• Principal review supervisory responsibilities.

EDUCATION AND EXPERIENCE:

• High School Graduate required
• College degree strongly preferred
• 3 years equivalent industry related experience strongly preferred

CERTIFICATIONS:

• Must hold the Series 7, 63 (or 66) and 24 licenses.
• Ability to obtain the Series 4 and 53 licenses within 12 months of hire.
• Other licenses may be required as the industry evolves