Entry Level Trading Operations Associate

Company: Fisher Investments
Location: Portland
Posted on: November 19, 2024

Job Description:

As a Trading Operations Associate, you will gain in-depth insight into the life cycle of a trade at Fisher Investments, both internally and across the industry as you work with Fisher Investment's traders and counter-parties around the world. -The Opportunity: -You will be given direct responsibility for sensitive activities across Fisher departments (PCG, PCGI and Institutional) and will affect the success of the firm by identifying and eliminating problems and mitigating exposure to risk. -We are looking for you to quickly learn the nuances of market structures, trade processing and industry-standard settlement practices and we'll provide you the opportunity to work with experienced counterparts at firms across the globe. Reporting directly to your Team Leader, you will be given rotating responsibility for a specific section of trade activity (US Institutional Trading, Non-US Institutional Trading, Global Settlements, PCG, PCGI, and more). -We hire from all majors and backgrounds, because we believe we are better off with the diversity it brings. You will report directly to your manager who will aid your development and commit to making this a place where you can grow your career. -Summer 2025 start. -The Day-to-Day:

• Troubleshoot time-sensitive trading issues with tangible impact to our organization
• Work with counter-parties to resolve failed trades and share delivery issues
• Coordinate the initial trading setup of all new Institutional accounts with brokers and custodians
• Monitor trade settlement and connect brokers and custodians to ensure delivery of shares and cash
• Provide our allocation files to our custodians and reconciling trade details between brokers and custodians
• Build and learn trade-specific technology, including internal and third-party applications (including the Omgeo Suite, Alliance Lite, SWIFT)
• Look for opportunities to improve efficiency and accuracy and use technology solutions to refine trading processesYour Qualifications:
  • Bachelor's degree, or equivalent combination of education and experience
  • Commitment to maintain quality of work while sticking to a timeline
  • Demonstrate personal ownership over your career and daily work
  • You pride yourself on being helpful and collaborating with teammates
  • Exhibit excellent attention to detail and a high level of reliabilityCompensation:
    • $55,000 - $70,000 base salary per year in the state of WA. New hires should expect to start at the lower end of the range depending on experience
    • Eligible for a discretionary bonus based on firm and individual performanceWhy Fisher Investments: -We work for a bigger purpose: bettering the investment universe. We take great pride in our inclusive culture, our learning and development framework customized for every employee, and our Great Place to Work Certification. It's the people that make the Fisher purpose possible, and we invest in them by offering exceptional benefits like:
      • 100% paid medical, dental and vision premiums for you and your qualifying dependents
      • A 50% 401(k) match, up to the IRS maximum
      • 20 days of PTO, plus 10 paid holidays
      • Family Support programs including 8 week Paid Primary Caregiver Leave, fertility, family forming, and hormonal health assistance and back-up child, adult, and elder care
      • $10,000 fertility, hormonal health and family-forming benefitFISHER INVESTMENTS IS AN EQUAL OPPORTUNITY EMPLOYER

Keywords: Fisher Investments, Beaver Creek , Entry Level Trading Operations Associate, Accounting, Auditing , Portland, Oregon