We believe in differentiating our capital.
Unique opportunity to enhance the Dallas Trade Desk (2-3 traders) to support United Capital/Goldman Sachs’ rapidly growing wealth management business. The Dallas Trade Desk ensures accurate and timely execution and settlement of equity, fixed income, and option trades.
The Trade Desk is responsible for creating, reviewing, and executing trade recommendations for both firm models and Financial Advisors’ directed ad-hoc requests. The Head Trader will be responsible for enhancing our order entry system, creating new processes to ensure order flow is managed efficiently, thinking creatively about how to serve our advisors and clients better. Individual will be responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for clients and colleagues, and ensures that actions and behaviors drive a positive experience.
ESSENTIAL DUTIES & RESPONSIBILITIES
The following duties ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional position-specific duties and/or duties that are outside the specific functions that are listed.
· Create and maintain reports for Compliance, Risk, and Senior Management that include (but are not limited to):
o Transaction reports by product, office, and by executing broker
o Trade Errors/Incidents
o Best execution
· Develop and maintain an understanding of trade execution strategies, transaction costs, and products in the markets.
Education and Experience:
A Bachelor's degree in Business, Finance, Accounting and/or Economics or equivalent experience in the financial services industry. Must have 5-10 years of trading, SMA experience preferred. Experience with portfolio management and rebalancing software required, Envestnet|Tamarac use preferred. Strong understanding of the operational structure of an RIA and trading attributes of different investment products.
Required Knowledge of:
Required Skills in:
To perform this job successfully, an individual must be able to perform each essential job function assigned satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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