Senior Trader

Company: Regional Recreation Corporation of Wood Buffalo
Location: Boston
Posted on: February 25, 2021

Job Description:

Senior Trader in Boston, Massachusetts - Careers at WNWMAIP - WINDHAVEN- BOSTON MA INTL PL Skip to Main Content Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Welcome page Welcome page Returning Candidate? Log in Senior Trader Job Locations US-MA-Boston - US-CO-Lone Tree - US-IL-Chicago Requisition ID 2021-67773 Posted Date 4 days ago (2/16/2021 4:33 PM) Category Investment Research & Management CO Salary Range 92,600 - 165,400 Position Type Full time Your Opportunity The Senior Trader will be a part of Schwab Asset Management Solutions (SAMS). The overall SAMS team is passionately committed to providing solutions that help Schwab clients achieve their financial goals. SAMS includes:

• Charles Schwab Investment Management (CSIM), the investment advisor for the Schwab Funds mutual funds and ETFs and also includes our Schwab Managed Portfolios, Windhaven Investments and Thomas Partners.
• Charles Schwab Investment Advisory (CSIA), includes Schwab Intelligent Portfolios.
• The Schwab Center for Financial Research (SCFR), who provide industry insights for investors
• The Asset Management Client Solutions (AMCS), responsible for leading Schwab's 3rd party platforms, offering Mutual Funds, Managed Accounts, ETFs, Annuities & Insurance, and Alternative Investments. Schwab Asset Management Solutions (SAMS) is the asset management arm of the Charles Schwab Corporation, and has over $500 billion under management in mutual funds, ETFs, and separately managed accounts. Products managed include a wide variety of active and indexed equity, fixed income, multi-asset, asset allocation strategies, and money markets funds. What you are good at The Senior Trader will play a key role in managing client assets against our proprietary models for various separate account strategies that include equities and ETF's. The role involves processing client trading requests and executing Portfolio Management directed trades. The Senior Trader will work with other Senior Traders on the team to execute trades as a result of the requests. The Senior Trader will:
  • Work on all types of daily client requests to complete order generation - investing new accounts and implementing changes to existing accounts in accordance with the assigned models
  • Process client requests throughout the day
  • Play a part in the daily trade execution
  • Communicate block trades and allocations to the custodian and executing broker to ensure trades are matched and allocated correctly and in a timely manner
  • Work with other traders and the team manager to ensure that all trading activities are in compliance with our best execution policies
  • Perform trade execution data analysis, research, and maintain relationships with brokers and affiliated trading teams in order to ensure the best execution
  • Craft trading strategies in order to minimize trading costs
  • Serve as a subject matter authority for the quantitative and qualitative analysis of trade execution results
  • Review, improve, and create trade execution quality reports for wide range of internal partners
  • Craft and maintain procedures and documentation for trading/operations standard methodologies
  • Raise any workflow and/or technology issues to the team manager
  • Learn how to support other CSIM products in a backup capacity
  • Work on ad hoc projects or initiatives to support the trading team
  • Review trade error memos for accuracy and detail ahead of final review by manager
  • If located in Lone Tree, CO or Chicago, IL, some travel to Boston will be necessary What you have
    • Bachelor's degree required
    • 5-10+ years of trading experience required
    • Extraordinary written and verbal interpersonal skills
    • Ability to build positive relationships with both internal and external business partners
    • Independent judgement with strong analytical and risk assessment skills
    • CFA or progress toward certification Options Apply for this job Apply Share Refer a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Loading... Why Schwab?
      
      At Schwab, "Own Your Tomorrow" embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We're a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
      
      Hear from employees: What's it like to work at Schwab!
      
      The benefits of working at Schwab : a package designed to empower your health, wealth, career and life.
      Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
      
      The posted salary range describes the minimum to maximum range for this job description in the state of Colorado. The salary range is posted in accordance with the Colorado Equal Pay for Equal Work Act. The salary range for this same position may be lower or higher in markets outside of Colorado.
      
      As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
      
      Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace.
      We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity. Application FAQs Software Powered by iCIMS
      www.icims.com

Keywords: Regional Recreation Corporation of Wood Buffalo, Boston , Senior Trader, Accounting, Auditing , Boston, Massachusetts