Job Description

Trader

Job Category: Operations

Location: Omaha, NE

Job Details

About Renaissance Financial:

Renaissance Financial is a comprehensive financial services firm with locations in St. Louis, Overland Park, Omaha, Phoenix, and Salt Lake City. Our mission: Using creative business and personal planning, we help our clients achieve financial freedom one relationship at a time. Our true team approach and entrepreneurial atmosphere set us apart from other firms in our industry. Joining our close-knit team at Renaissance Financial will inspire professional growth through numerous opportunities while creating a lasting impact on our organization and community. We support and reward our staff through team outings and industry leading benefits because we sincerely care about the well-being of our team members.

We are an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

The mission of this full-time position is to execute securities and money movement transactions for Renaissance Financial clients for Schwab and Pershing accounts. In addition, this position provides support to Financial Advisors and Administrative Assistants with account maintenance.

Primary Responsibilities:

• Execute Schwab & Pershing trades for all Renaissance Financial offices.
• Set up accounts in the Model Portfolio Rebalancing system and execute the following trades.
• Process and review daily trade blotters.
• Review Trade Discrepancy report and process trade error reports as errors are determined.
• Build trusted, collaborative relationships with our custodian's trading and operations teams to execute trades, cashiering, deposits, journaling, withdrawals, and other transactions properly and accurately.
• Monitor and track daily tasks for accuracy and completion.
• Function as a liaise to our Financial Advisors and follows up on the status of outstanding issues and requirements from our custodians.
• Monitor daily Schwab Alerts pertaining to trading, money movements, debits, margin, account restrictions, options, and provide assistance to Financial Advisors and Assistants.
• Answering incoming calls from Investment Advisory (IA) Trade Desk Line and emails from IA Trade Desk.
• Assist in preparation for Investment Committee meetings.
• Run reports in Morningstar as needed.
• Track and execute mutual fund interclass exchanges on a weekly basis.
• Review and submit Dollar Cost Averaging (DCA) requests and maintain the DCA report for Financial Advisors and Assistants.
• Assist Financial Advisors and Administrative Assistants with Cost Basis maintenance.
• Develop expertise in our firm's technology and software tools and platforms.
• Participate in IA training for new Financial Advisors and Administrative Assistants.
• Provide backup assistance with preparation of morning and weekly updates.
• Assist IA team members as needed.
• Miscellaneous projects as assigned.

Essential Characteristics:

• Must have a high level of interpersonal skills to handle sensitive and confidential situations.
• Enjoy collaborating and being a part of a team that puts clients first.
• This position requires demonstrated poise, tact, patience, and diplomacy.
• Must be able to interact and communicate with individuals at all levels of the organization.
• Work requires attention to detail and organization in such things as composing, typing, and proofreading materials, establishing priorities and meeting deadlines.
• Eager to learn about the industry and our firm and enjoy working in a fast-paced environment with a demonstrated ability to juggle multiple competing tasks and demands.
• Tech savvy, with the proficiency to quickly learn new technology tools, platforms, and software.
• Open to feedback and coaching.

Education, Training, and Experience:

• Bachelor's Degree or equivalent

Registrations Required:

• SIE
• Series 7
• Series 66

Computer Equipment and Software:

• Proficiency in the use of computer programs for:
• Microsoft Office Products
• Databases
• Internet

Working Conditions:

• This position is in-office, in a business professional environment.
• Standard 40-hour work week
• Overtime hours and travel may be required.
• We are committed to providing an accessible work environment. If you need accommodations during the application or employment process, please let us know.

Benefits and Incentives:

• Employer Paid Medical Insurance
• Employer provided 401k contribution (up to 10% based on team member eligible compensation annually).
• Potential for Annual Variable Compensation and Bonuses.
• Employer Licensing Coverage and Growth Opportunities

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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