RC
Client Account Trader 2
RAPS Consulting - India
Location not stated
5 months ago
- Pension
5 months ago
- Strong foundation of US taxation specific to strategies for saving/minimizing tax on investor's portfolio
- Experience in handling various types of accounts IRA/ROTH IRA/Rollover IRA/Joint Account etc and understanding impact of placing multiple investment in different types of accounts in terms of tax efficiency.
- Experience in usage ofRedBlack software.
- Experience inhandling rebalances, bulk trading, household/account setup in RedBlack, SMA/UMA setup in RedBlack, and setting up equivalencies and restrictions in RedBlack.
- Experience and understanding of handling cash contributions & cash withdrawal requests from IRA/ROTH IRA/Rollover IRA/Joint Account etc ensuring investor has minimal impact on tax outgo.
- Strong foundation of 401k & Retirement Planning
- Strong foundation across multiple areas, including US markets, , asset classes, security classifications, Active & Passive investing, account types, asset allocation, asset rotation methods, and related concepts.
- Understanding bond portfolio in detail , including which funds are taxable versus municipal, which asset classes have municipal substitutes, and the preferred account types for holding each bond category
- Trade Generation & Management: Execute buy and sell orders on behalf of clients, ensuring the best execution practices across multiple platforms and brokers. Monitor trade lifecycle from initiation through settlement.
- Account Oversight: Maintain oversight of client portfolios to ensure alignment with investment mandates, risk parameters, and compliance requirements.
- Client Support: Collaborate closely with advisors and relationship managers to fulfill client instructions and provide timely updates on trade status, execution quality, and market impact.
- Operational Coordination: Work with operations teams to resolve trade breaks, discrepancies, or settlement issues in a timely and accurate manner.
- Compliance & Documentation: Ensure all trading activities are conducted in accordance with regulatory guidelines, internal policies, and documentation standards. Support audits and reviews with appropriate reporting.
- 1-5 years' experience with investment trading.
- Detail oriented.
- Ability to communicate clearly and concisely, both orally and in writing.
- Bachelor's Degree in math, finance, accounting or business preferred.
- Work experience in wealth management, financial planning, and investments related field.
- Familiarity with portfolio management systems and order management tools.
Client Account Trader 2 · RAPS Consulting - India