Job Description

Trade Allocations Associate

The Trade Allocations Associate is member of the Trading Department and serves as an intermediary between Trading, the Investment Committee, Operations, and Compliance departments with the primary responsibility of creating timely and accurate orders. As an intermediary, this position requires an understanding of processes and policies across multiple departments and an ability to adapt to growing business opportunities.

Reporting to

Head Trader

VP Trading Operations

Requirements

The individual must have excellent communication skills, an eye for detail and be able to work well under tight deadlines. They should have some familiarity with investment, trading and/or settlement terminology and have related experience and exposure to the investment business. The individual should also be able to multi-task, work effectively within a team and be able to prioritize effectively.

• The Trade Allocations Associate should possess the following:
• A minimum of two years of experience in the industry, including stock market and trading knowledge
• Strong organizational and time-management skills and the ability to effectively prioritize workflows under tight deadlines
• A proficiency in Microsoft Excel and Bloomberg; a familiarity with order management systems and the ability to adapt to multiple types of applications for asset managers is preferred

Responsibilities

In addition to entering timely and accurate orders, the position will include the following responsibilities:

• Assist in the overall investment process by providing feedback and input to the Investment Committee, Operations and/or Compliance departments
• Communicate effectively with Traders and serve as a liaison between Operations/Back Office and the Trading Desk
• Monitor orders throughout the day to ensure execution is consistent with the original intent.
• Assist in managing the overall cash balances in products
• Work with the Compliance department to ensure that client guidelines are satisfied.
• Provide support and assistance to the Traders
• Prepare monthly/quarterly/annual requests and ad-hoc requests for reporting purposes or internal parties as needed

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