Trader

Overview

Level Four Group is expanding its asset management team. With more than 20 years in the industry, we maintain an entrepreneurial mindset while growing into one of the country’s fastest developing wealth management firms. We operate nationwide with offices across the U.S., and strong local ties in North Texas. Our environment is casual, and we offer generous paid time off, a flexible work schedule, excellent benefits, and more. The Capital Management Trader is a pivotal member of the asset management group, handling all facets of securities trading and portfolio operations, including onboarding and transitioning key accounts. The role supports management of proprietary investment strategies and tailored client solutions from our corporate office and is essential to the effective management, operations, and execution of client portfolios overseen by the portfolio management team.

Location

Dallas, TX 75251

Responsibilities

• Full life cycle trade responsibilities including trade construction, pre-trade analysis, execution, post-trade analysis, allocations and settlement across multiple strategies, brokers, and custodians; ensure accurate settlement and resolve discrepancies
• Proficient use of order management systems, trading strategies, and best execution standards
• Ensure trading activities adhere to best execution policies; perform broker due diligence, broker evaluation, execution measurement, performance tracking and trading record keeping
• Model management involving proprietary equity and asset allocation modeling based on the asset allocation framework; manage workflow within Orion and Salesforce to ensure model assignments and trade completion as needed
• Manage and maintain soft dollar balances and relationships with executing brokers to capture all trading activity and reduce hard dollar expenses; oversee the commission budget and commissions paid to various third-party broker-dealers
• Assist portfolio managers during rebalancing and allocation; act as a central resource for investment houses to send research to PMs; compile research as needed and leverage relationships to obtain research reports
• Create, implement, and maintain procedures and documentation for trading and operations best practices; leverage technology to improve efficiency in the trade and reconciliation process
• Run analyses, monitor tax consequences, and ensure an error-free implementation process when transitioning multi-million dollar portfolios into LFCM
• Manage the GIPS verification process, including model assignments and changes, closing of accounts, and collaboration with custodians and regulators to ensure data accuracy
• Work on firm-wide special projects related to operational efficiencies and process improvements
• Interface with the Advisory Service Operations team in day-to-day onboarding processes to ensure all is in good order before trading
• Other duties as required

Qualifications

Required

• 5 to 10 years of equity trading experience and familiarity with trading systems
• Prior experience in a financial services office or broker-dealer setting
• Knowledge of equity and fixed income markets and related securities
• Strong attention to detail
• Self-driven with solid organizational skills
• Ability to thrive in a fast-paced environment
• Proficiency in Microsoft Office is required
• Experience with trading platforms OMS or EMS such as Black Diamond, EMSX, Realtick, or Eze Software
• Bachelor’s Degree
• General computer and software knowledge including Salesforce, Black Diamond, RJFidelity, Schwab
• FINRA Securities Licenses: 65 and 7

Benefits

• Casual Work Environment
• Generous Paid Time Off
• Flexible Work Schedule
• Great Benefits
• And More