SENIOR TRADING SPECIALIST
Company: Kestra Holdings
Location: Austin
Posted on: September 24, 2024
Job Description:
ABOUT US:
Come join the dynamic team at Kestra Financial! Kestra Financial
provides a leading independent advisor platform that empowers
sophisticated, independent financial professionals, including
traditional and hybrid RIAs, to prosper, grow, and provide superior
client service. With a culture rich in reinvention and advisor
advocacy, Kestra Financial has developed integrated business
management technology that, combined with its personalized
consulting services, offers exceptional scale and efficiency.
Kestra Financial supports independent financial advisors in
delivering comprehensive securities and investment advisory
services to their clients.
The Sr. Trading Specialist position is a great opportunity to work
for an established, top-rated Wealth Management firm. The Trading
Operations Department is integral in managing firm and client risk
while ensuring client requests are processed quickly and
accurately. This position provides exposure to activities such as
alternative investments, fixed income, and securities-backed
line-of-credits, as well as general service and operations trading
support to our financial professionals. This is a great opportunity
to learn to lead others by demonstrating the ability to empower
advisor success through reinvention, advocacy, and integrity.
RESPONSIBILITIES:
In addition to complying with all regulatory rules, written desktop
procedures, and company policies and communicating effectively with
the Kestra Financial Professionals and with internal staff, key
responsibilities include:
- Identify and monitor exceptions, measures, procedures, and
systems for quality and risk control; bring to the attention of and
work with Management and Compliance on exceptions, additions, and
changes to systems, policies, and/or procedures.
- Demonstrate a thorough operating knowledge of all high net
worth offerings that fall within Trading Operations purview and be
able to competently explain processes to financial professionals,
including best practices.
- Be able to identify the needs of financial professionals and
give suggestions based on known information. Be able to ask
clarifying questions to help financial professionals determine the
best fit for their clients when choosing between different
partners.
- Assist our financial professionals, clearing firm, and external
and internal partners with general and complex transactions,
correcting trade breaks, trade corrections, research/inquiries,
adherence to agreements and/or policies, and reconciling
expense/income anomalies (and other functions assigned to the
team).
- Maintain accurate and timely daily trade logs, blotters, trade
correction documentation, and report review.
- Assist with new team member training/quality control,
management with trade blotter review, and handle first-level
escalation of department issues; including assisting junior traders
with market corrections.
- Assist the Sr. Operations Principal with monthly or quarterly
status meetings on regulatory trade reporting statistics including
actions taken to remedy reporting issues.
- Other responsibilities as assigned.
- Commitment to culture requires a demonstration of
professionalism, accountability, customer/client focus, and
teamwork. SKILLS:
- Must understand the operational and regulatory aspects of
trading various security types through a 3rd party custodian like
Fidelity/NFS.
- Working knowledge of National Financial Services (NFS) is
preferred
- Experience with Salesforce and Laserfiche is preferred
- Ability to interact well with internal and external
customers
- Must be able to perform duties accurately and timely.
- Must be recognized as a go-to person for questions and
escalations.
- Must exemplify corporate mission statement and advisor first
culture.
- Must be proficient with Microsoft Outlook, Word, and Excel.
Must have basic knowledge of PowerPoint.
- Must be able to read, analyze and reconcile trading
reports.
- Must become proficient with the use of clearing firm, vendor(s)
and internal programs and software within 30 days of hire including
but not limited to Salesforce.
- Must possess good analytical skills, problem-solving skills and
good communication skills, both verbal and written.
- Must have good attention to detail.
- May be required to work overtime, as necessary. SUPERVISORY
RESPONSIBILITIES:
- Supervision of department personnel during department manager's
absence.
- Principal review supervisory responsibilities. EDUCATION AND
EXPERIENCE:
- High School Graduate required
- College degree strongly preferred
- 3+ years equivalent industry-related experience strongly
preferred CERTIFICATIONS:
- Must hold the Series 7, 63 (or 66) and 24 licenses.
- Ability to obtain the Series 4 and 53 licenses within 12 months
of hire
- Other licenses may be required as the industry evolves OTHER
DUTIES:
- Ability to sit at a computer for long periods of time
- Ability to lift up to 20 pounds
- The position is located in Austin, TX. Must be able to work
during scheduled work hours INTERNAL APPLICANT POLICY:
Internal applicants must be in good standing and have a minimum of
1 year of service with Kestra. Internal applicants must also have a
minimum of 1 year service in current role unless approved by
EVP.
BENEFITS:
Full health, vision, dental. 401(k) plans along with a host of
voluntary plans such as car insurance, legal services and more
(applicable to full-time, permanent employees).
DISCLOSURE
By applying to a job at Kestra Financial, Inc., you are agreeing to
the following statements:
- You acknowledge that if hired, Kestra Financial, Inc. may,
obtain and use background information concerning your credit,
character, general reputation, personal characteristics, work
habits, performance and experience for evaluation for your
potential employment.
- It is the policy of Kestra Financial to ensure equal employment
opportunity without discrimination or harassment on the basis of
race, color, religion, sex, sexual orientation, gender, identity or
expression, age, disability, marital status, citizenship, national
origin, genetic information, or any other characteristic protected
by law. Kestra Financial prohibits any such discrimination or
harassment.
KESTRA VALUES:
Our Mission is Powering Financial Independence, enabling the growth
and success of investing clients and the advisors who serve them.
We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE
TEAM.
Keywords: Kestra Holdings, Round Rock , SENIOR TRADING SPECIALIST, Accounting, Auditing , Austin, Texas
Didn't find what you're looking for? Search again!
Loading more jobs...