Senior Trading Operations Analyst

Facet is a fast-growing financial services company that is looking for a Senior Trading Operations Specialist to join its team. This position involves managing, executing, and implementing trading operations to support the company's investment strategies. Facet is built on the belief that everyone deserves access to financial advice, and the company takes a human-centered approach to financial planning. By providing exceptional talent and innovative technology, Facet is committed to breaking down the barriers that keep underserved people from accessing financial advice. The Senior Trading Operations Specialist is a crucial part of the team that brings Facet's services to millions of Americans.

Responsibilities:

• Manage and execute trading operations to support the company's investment strategies.
• Monitor and reconcile accounts, ensuring accurate and timely reporting.
• Collaborate with portfolio management, investment teams, and traders to implement trading strategies.
• Serve as a subject matter expert on building out new processes and product offerings for our members.
• Maintain relationships with trading partners, custodians, and other key stakeholders.
• Develop and implement processes to improve the efficiency and effectiveness of trading operations.
• Stay current on market trends, regulatory developments, and other factors that may impact trading decisions.
• Identify and resolve trading-related issues in a timely and effective manner.
• Create and maintain training materials for the department, and facilitate regular training sessions with associates and planners.
• Serve as a subject matter expert departments across the firm on various trading related topics.
• Work directly with members on resolving complex requests related to IRA transactions, cost basis, and money movement.
• Ability to take on special projects and additional duties across the investment operations organization.

Requirements

• 5+ years of experience in trading operations or a related field.

• Knowledge of trading operations, financial markets, and securities regulations.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a fast-paced, team-oriented environment.
• Proficiency in Excel and other financial analysis tools.

Preferred:

• Experience with trading and allocating separately managed accounts (SMA) and/or unified managed accounts (UMAs).
• Extensive knowledge and experience working with portfolio rebalancing software such as Orion Eclipse, Envestnet, or Addepar.
• Experience with sleeved trading practices, including the oversight and reconciliation of multiple sleeves within a portfolio.
• Deep understanding of direct indexing strategies, tax-loss harvesting, and large-scale ETF trading across multiple custodians.

Benefits

• $90,000 - $100,000 annual salary + bonus determined by the experience, knowledge, skills, and abilities of the applicant - Please note, our salary ranges are based on current market data. Should you feel strongly that we are not in line, we highly recommend you to reach out and let us know. We are always looking to improve on building the best place for employees.
• Equity
• Flexible PTO
• All the benefits: medical, dental, and vision insurance, 401(k) with employer match, short and long term disability coverage (paid by Facet), life insurance options and paid parental leave
• Certification reimbursement program
• Work from anywhere in the US