Trade Coordinator, Managed Accounts

Website Federated Hermes

Federated Hermes, Inc., a global leader in active, responsible investing, is seeking a Trade Coordinator, Managed Accounts to join our Trading – Equity Managed Accounts team based at our Corporate Headquarters in Pittsburgh, Pennsylvania office.

 

What You’ll Do

As a Trade Coordinator, you’ll perform various tasks that support the equity managed accounts trading teams. You will be responsible for trade implementation functions across numerous separately managed accounts investment strategies and model delivery.

  • Analysis and Order Generation of SMA accounts, including daily maintenance trading, across-the-board order generation, and drift analysis
  •  Assist with the trade allocation, settlement, and the communication of block trades and allocations to the appropriate external Sponsor and brokers; ensure trades are executed and allocated correctly and in a timely manner
  • Work with Sponsors and Broker/Dealers on allocation and settlement issues
  • Perform daily/weekly/monthly checks to review accounts for cash and security drift across the strategies
  • Update, reconcile and maintain models on a regular basis
  • Update and deliver model portfolios to sponsoring intermediaries for non-discretionary strategies
  • Day to day workflow/trading inquires and account maintenance issue and escalation support
  • Work on ad hoc projects or initiatives to support the team

 

The Expertise We’re Looking For:

  • Bachelor’s degree in Math, Accounting, or Business-related major preferred, or relevant experience in lieu of degree
  • Internship experience and an understanding of the financial industry and financial markets preferred.
  • Excellent math or accounting skills with solid skills in Excel
  • Detail-oriented with the ability to work independently and multi-task in a fast-paced deadline driven environment.

 

Our Investment in You

At Federated Hermes, we believe our employees are our most important asset! Therefore, we offer benefits programs designed to help you and your family thrive, training programs to advance your professional development and opportunities for you to give back to the community. Our offerings include:

  • A competitive total compensation package, including bonus programs designed to recognize and incentivize our employees to do their best every day.
  • Time off programs including paid vacation, parental leave and a volunteer day to help you stay healthy and connected to the things that are important.
  • Opportunities to expand your professional network within the firm and the community through participation in programs such as the Women in Investing Employee Resource Business Group and the University Ambassador Program.
  • A hybrid work schedule that allows you to both work remotely and enjoy the benefits of an office setting part of the time.

 

About Federated Hermes

At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world. We pledge to always putting our clients first and to acting responsibly and transparently. Our commitment to active, responsible investment has enabled us to become a leading investment manager with $757.6B in assets under management; serving investors around the world.

We provide careers opportunities that have enabled our employees to grow and meet their career aspirations while balancing the needs of their personal lives. We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments. We are motivated by a higher purpose and always consider the impact of our work. We promote teamwork and foster a diverse, inclusive and respectful workplace where unique perspectives, ideas and experiences are recognized and appreciated for the contributions they bring.

EOE – Including Disability / Vets

Federated Hermes is committed to providing equal employment opportunities to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex (including pregnancy), sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any applicable local, state or federal law applicable to Federated Hermes.

Only those candidates in whom we have an interest will be contacted.

About Federated Hermes, Inc. go to: www.federatedhermes.com

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

To apply for this job email your details to JobPosting@federatedhermes.com

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