Institutional Trading Associate

Description

Envestnet is transforming the way financial advice is delivered through its connected technology, advanced insights, and asset management solutions – backed by industry-leading service and support. Since 1999, Envestnet has served the wealth management industry and today supports trillions in platform assets, serving over a hundred thousand financial advisors. The vast majority of the nation’s leading banks, the largest wealth management and brokerage firms, and over 500 of the largest RIAs rely on Envestnet’s wealth management platform and solutions to drive business growth, boost productivity, and deliver better financial outcomes for their clients.

Envestnet’s Strategy:

• Deliver the industry-leading wealth management platform, powered by advanced data and insights
• Leverage our scale and efficiencies to serve our clients’ needs comprehensively
• Enable financial advisors to deliver more holistic advice – reflecting a more complete view of their clients’ financial lives, and in a more connected environment

For more information, please visit www.envestnet.com.

Job Responsibilities:

• Perform daily duties, including problem resolution using standard procedures and precedents.
• Manage settlement process for third party manager fixed income and equity trading requests.
• Monitor emails and respond promptly to issues and questions related to trading from our various partners and departments across the firm.
• Deliver quality service to clients and communicate clearly and concisely.
• Escalate issues to senior members of the team and trouble shoot issues that are without procedures or precedents.
• Establish and maintain strong and cooperative relationships with key contacts in the financial industry to foster a cooperative environment for the resolution of problems and/or errors.
• Assist others in researching and troubleshooting trading inquiries.
• Assist institutional trading team with team tasks and functions where needed.
• Participate in root cause analyses to correct and/or prevent deviations in processes and workflows.
• Become proficient with the various systems we use for trade execution and securities analysis.
• Participate with traders to document and record equity and fixed income trades for compliance reporting and review.
• Assist in developing & implementing quality control measures.
• Participate in special projects as assigned by manager.
• Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested.
• As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.

Required Qualifications:

• Bachelor’s degree in finance is preferred or equivalent experience required.
• 2-3 years of experience in the financial services industry preferred.
• Experience in the Financial Services industry preferred.
• Ability to collaborate effectively and work well with a team.
• Excellent communication skills required.
• Strong math skills.

Envestnet:

• Be a member of an innovative and industry leading financial technology and solutions company
• Competitive Compensation/Total Reward Packages that include:
• Health Benefits (Health/Dental/Vision)
• Paid Time Off (PTO) & Volunteer Time Off (VTO)
• 401K – Company Match
• Annual Bonus Incentives
• Parental Stipend
• Tuition Reimbursement
• Student Debt Program
• Charitable Match
• Wellness Program

Envestnet is an Equal Opportunity Employer.

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