Portfolio Trader

AssetMark

  • Charlotte, NC
  • $70,000-85,000 per year
  • Permanent
  • Full-time
  • 6 days ago
Job Description:Position SummaryWe are seeking a detail-oriented and analytical Portfolio Trader to join our Trade Operations team. This position is integral to supporting client investment objectives through effective portfolio management and trade generation. The successful candidate will be responsible for identifying, generating, and managing trades at the portfolio level to ensure alignment with client mandates, model strategies, tax optimization considerations, and drift guidelines. Additionally, this individual will collaborate across functions to streamline processes, address operational issues, and implement enhancements that improve client outcomes.This role offers an exceptional opportunity for professionals who are client obsessed and excel in collaborative environments, possess strong problem-solving skills, and are passionate about advancing process improvements through sophisticated portfolio management.We can consider candidates for this position who are able to accommodate a hybrid work schedule and are close to one of our following offices: Charlotte, North Carolina.Responsibilities:
  • Exercise independent judgment to proactively identify and generate trades, considering portfolio drift, model changes, tax optimization, and other strategic factors.
  • Support scheduled trading events such as dollar cost averaging, scheduled withdrawals, bulk tax harvest, corporate action model updates and trades tied to ad-hoc client requests.
  • Respond to internal client-facing teams regarding portfolio management inquiries, impact evaluation, and recommendations that ensure alignment with portfolio guidelines and operational feasibility
  • Develop and recommend strategic improvements in trade generation processes, oversight mechanisms, and reporting structures, ensuring alignment with goals and risk management standards.
  • Contribute to training initiatives for both onshore and offshore teams to ensure consistent understanding of process changes and trading workflows
  • Participate as needed in projects aimed at optimizing portfolio outcomes, scaling operational capabilities, and improving client experience
  • Collaborate with internal stakeholders to improve data accuracy, reduce manual dependencies, and streamline trade-related operations.
  • Ensure timely and accurate processing of scheduled account maintenance and operational tasks.
  • Participate in development of test scripts and execute user acceptance testing to validate new processes, system enhancements, or rule changes tied to trade generation lifecycle.
  • Collect and evaluate data metrics to show alignment with team objectives and deliverables, support decision making, and identify process inefficiencies or areas lacking control.
  • Monitor dashboards and visual summaries for outliers and escalate discrepancies promptly
  • Follow documented SOPs, identify and escalate process gaps, and uphold compliance with internal policies and risk standards
  • Contribute proactively in meetings to highlight potential issues and drive effective resolution
Required Qualifications:
  • Bachelor’s degree, preferably in Finance, Economics, or related fields
  • 2-5 Years of experience in portfolio management, investment operations, or similar role within financial services
  • Effective written and verbal communication skills; comfortable explaining trade rationale to non-technical stakeholders.
  • Excellent attention to detail and analytical thinking, with the ability to connect trading logic to portfolio outcomes.
  • Strong understanding of portfolio construction concepts, investment strategies, and risk management principles.
  • Proactive problem-solving mindset and a collaborative attitude.
  • Ability to operate autonomously in a fast-paced, market-oriented environment, capable of working under pressing deadlines with minimal supervision.
Preferred Qualifications:
  • Familiarity with Portfolio Management Systems (Ex: Vestmark, InvestCloud, BlackRock Aladdin, or similar)
  • Familiarity with Salesforce application
  • Proficiency in Microsoft Excel with strong data analysis skills
  • Knowledge of tax-aware trading principles, portfolio drift logic, and model-based investment strategies
Compensation: The Base Salary range for this position is between $70,000-$85,000.This information reflects a base salary range that AssetMark reasonably expects to pay for the position based on a number of factors which may include job-related knowledge, skills, education, experience, and actual work location. This position will also be eligible for additional variable incentive compensation and competitive benefits.Candidates must be legally authorized to work in the US to be considered. We are unable to provide visa sponsorship for this position.#LI-hybrid#LI-TE 1Due to the sensitive nature of the information that this role needs to access, AssetMark will be required to collect from applicants for this role, elements of Personally Identifiable Information in order to comply with governmental requirements.Who We Are & What We Offer:AssetMark’s mission is centered around helping financial advisors make a difference in the lives of their clients. To help them do that, we aim to provide advisors with holistic support. We offer compelling technology that facilitates a better client experience, consulting services that ensure advisors’ businesses are running at their best and a comprehensive suite of investment solutions. AssetMark’s platform empowers advisors to provide the highest level of service possible to their clients.AssetMark’s culture is driven by our mission and connected by our values; Heart, Integrity, Excellence and Respect. You will join a team that lives these values every day by doing the best and what is right in all we do and encouraging different ideas for continual success and innovation. Additionally, we offer a wide range of benefits to meet the needs of our team members and their families.
  • Flex Time Off or Paid Time/Sick Time Off
  • 401K – 6% Employer Match
  • Medical, Dental, Vision – HDHP or PPO
  • HSA – Employer contribution (HDHP only)
  • Volunteer Time Off
  • Career Development / Recognition
  • Fitness Reimbursement
As an Equal Opportunity Employer, AssetMark is committed to building a diverse and inclusive workplace where everyone feels valued.

AssetMark