Client Portfolio Administrator

Location
Saint Louis, Missouri (US)
Salary
Salary is open, based on previous experience
Posted
24 Aug 2021
Closes
23 Sep 2021
Job Function
Operations, Trading
Employment Type
Full Time
Education
Bachelors

About Argent Capital

A boutique investment firm with over $3 billion in assets under management, Argent’s mission is to provide superior investment management services to high-net worth and institutional investors by outperforming our benchmarks while providing a level of personal service and communication that is unique in the investment management industry. We foster an open, challenging environment where an individual’s contributions to the team are encouraged and valued.

Overview of Position 

The Client Portfolio Administrator will be responsible for managing the daily trading cycle, performing pre-trade processes, trade execution, and post-trade communications with broker and custodian firms. Tasks range in complexity and involve the ability to efficiently follow processes, think critically and problem solve under pressure. The role requires a deep understanding of internal systems and the opportunity to champion new operational strategies. The ability to work and communicate with others in a team environment while focusing on exceeding client expectations is critical.

Personal Traits Needed for Success

  • Understands, accepts and appreciates the responsibility of managing others’ money which has been entrusted to our care for the financial well-being of those individuals or institutions
  • Ability to work both independently and as a member of the team to prioritize, plan, coordinate and follow-through on tasks and projects in a timely manner
  • Strong analytical capabilities and attention to detail with desire to apply them to day-to-day problem-solving opportunities
  • Organizational skills to prioritize multiple tasks under tight deadlines
  • Desire to leverage technology to improve processes and create new workflow efficiencies
  • Clear, concise and accurate communication skills, both written and verbal

 Responsibilities

  • Maintain all in-house model portfolios and respective trading groups
  • Process daily trade tickets for client investment or reallocation needs, including but not limited to portfolio model trades, stock gifting, raising cash, investing cash, and tax loss harvesting
  • Risk Management oversight and implementation of customized client portfolio restrictions
  • Daily administration of the trade order management systems by keeping client, system, security, and market data up to date, including but not limited to daily review of portfolio cash levels
  • Communicate with brokers and custodians to reconcile any breaks in trade settlement
  • Provide compliance support, including but not limited to trade error reporting, monitoring broker and soft dollar commissions, best execution analysis, and GIPS reporting

Qualifications

  • Experience, Education and Professional Designations
  • Minimum of 5 years’ experience in financial services or a related industry
  • Minimum of a Bachelor’s degree in Accounting, Mathematics, Business or a related field
  • Technical Skills
  • Exposure to investment-related software a plus i.e., Advent Axys/Moxy, Bloomberg, Factset 
  • Experience with Salesforce and Microsoft Office Suite, (Macros, VBA desired)
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