Trading Operations Specialist

About Wealth Enhancement

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 80,000 households from our over 140 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

Our Philadelphia office is looking for a Trading Operations Specialist. The Trading Operations Specialist is expected to define and manage the account trading process, focusing on efficiency and accuracy using Orion Eclipse and knowledge of Trading Operations. The Trading Operations Analyst also provides support to Advisor teams through account maintenance, data analysis, reconciliation, drift analysis and through expert knowledge of managed account offerings. Managing the trading process requires a deep knowledge of the Orion Eclipse trading platform and an understanding of needs from Investment Management, Operations, Compliance, and third-party custodians. The Trading Operations Analyst is responsible for satisfying these needs in the accurate and efficient trading and maintenance of client accounts during the entire account life cycle. This includes significant use of Salesforce and Orion Eclipse to assign and trade new accounts to models, maintain accurate adherence to models, implement model changes, fulfill advisor trading requests, and reconcile trades to ensure accuracy. The Trading Analyst is also expected to provide excellent service to advisor teams in implementing clients’ financial plans and assistance with unique situations and requests.

In the spirit of pay transparency, we are excited to share the base salary range for this position is $78,000.00 to $125,000.00.  We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.

Primary Job Functions

• Manage the process flows between the FA teams, operations, compliance, and investments to ensure consistent, accurate and timely investing of client accounts.

  • Revising trading procedures

  • Trade reconciliation

  • Trade error resolution

• Manage trading software for efficient and accurate trade execution.

  • Attain and maintain expert level knowledge with Orion and other available trading software and its capabilities.

  • Leverage available technology to maximize our efficiencies and support investment objectives.

• Work with external partners to understand current process and work for continued process efficiencies.

  • Continuously seek opportunities for process improvement.

  • Actively explore ways to achieve greater efficiency.

• Provide support to FA team to aid in client retention and acquisition.

  • Create reports (such as in Morningstar) of current models.

  • Assist marketing in the development of literature by providing up-to-date model information. 

  • Fulfill role as product expert in answering FA team questions about available products, the investment process, and more complex account issues.

• Assist in delivering the best financial advice through the timely and accurate trading of client accounts.

  • Lead the bulk trading associated with model changes.

  • Act as primary trader for the daily trading

  • Train and assist office staff as needed

Education / Qualifications

• Requires a 4-years degree in business, finance, or related field (or equivalent work experience)

• 3 plus years trading operations experience

• Series 7 and 63 security licenses or ability to obtain these licenses within the first 3 months of hire date: clean U4.  

• Advanced knowledge of Orion Eclipse Rebalancing platform preferred.

• Ability to identify investment risk in models/portfolios through ongoing manager due diligence preferred

• Ability to make thoughtful manager change recommendations to investment committee, where appropriate, providing clear support for rationale preferred.

• Time Management

  • Ability to work in a fast-paced environment with deadlines.

  • Awareness of trading deadlines by individual fund companies

  • Strong attention to detail; ability to prioritize workflow and projects; able to work with deadlines and be flexible; strong organizational and time management skills.

• Teamwork

  • Work well on a high-performing team

  • Provide stellar service while multi-tasking.

  • Willing to depend on others.

  • Align advisor team needs with organizational capabilities.

• Personal and Interpersonal Skills

  • Team oriented.

  • Strong analytical and PC skills with problem-solving abilities

  • Strong communication skills.

  • Detail oriented.

  • Ability to provide direction and motivate teammates to deliver.

  • Proficient with Microsoft Office

WEG hires employees and makes decisions about their salary qualifications based on factors such as the role to be performed; educational and professional experience, qualifications, skills and credentials; tenure, cost-of-living and demand for the role in the applicable market. To comply with state, pay transparency laws, we must disclose the entire salary grade. Thus, the entire salary range for those who are classified as the Trading Operations Specialist level is $57,000.00 to $126,000.00. However, the base salary range bolded above is what we expect to pay as a starting range for this position.

Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development

• Medical, dental and vision coverage (Available to employees and their families)

• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses

• Life and AD&D insurance – employer paid and voluntary options

• Short-term and long-term disability, workers compensation – employer paid

• 401k with match and profit sharing

• Wellness programs and resources

• Voluntary benefits, including pet insurance

• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)

• 12 paid holidays each year (10 pre-determined and 2 floating days)

• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)

• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.

Wealth Enhancement may use artificial intelligence (AI) tools to assist in the initial screening of resumes. All AI-supported evaluations are reviewed by our recruitment team to ensure accuracy and fairness. We are committed to equal opportunity in employment and do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status. Your personal information is handled in accordance with applicable data protection laws.