Trade Support and Operation Associate - Kovitz

NorthCoast Asset Management, a division of Kovitz Investment Group Partners, is an active investment management firm founded in 1988 and based in Greenwich, Connecticut with almost $4 billion in assets and 40 employees.

The firm provides investment solutions for individuals, financial advisors, and institutions. We believe a thoroughly researched and systematic investment process grounded in common sense will outperform intuition over time.

We are looking for an Associate to join our growing company and team up with the Portfolio Management and Operations groups.

POSITION OVERVIEW

As a Trade Support and Operations Associate, you will help execute US options and equity trades for our options overlay strategies. You will work closely with the portfolio management and operations groups.

SPECIFIC ROLE RESPONSIBILTIES

Trading and reconciliation (50% to 60%)

• Execute equity and options trades under the direction of portfolio managers
• Reconcile client portfolio data, research any cash-related inquiries, and resolve trade and position breaks with custodians and counterparties
• Monitor live trading and respond to changing market conditions when necessary
• Log and escalate high-risk items to management through daily, weekly, and monthly reporting

Performance (15% to 30%)

• Support performance analyst in relation to calculating benchmark, portfolio, and composite investment performance monthly in accordance with Global Investment Performance Standards (GIPS)
• Help research and resolve performance calculation related issues

Improvements (10% to 20%)

• Participate in the enhancement of trading platform, infrastructure, and technology
• Assist in the automation of portfolio monitoring and trading tools
• Over time, contribute to improvements across trading and portfolio management

Necessary Skills & Experience

• 3-5 years of experience in trade execution, operations or related field
• Technical skills related to at least some of the following areas: trade execution, reconciliation, operations, investment performance measurement
• Proficiency in a high-level programming language such as Python or VBA is a plus
• Working knowledge of Microsoft products, especially Excel
• Strong attention to detail
• Analytical and problem-solving mindset
• Ability to multitask in a fast-paced and sometimes stressful environment