AMS Overlay Portfolio Reviewer

_This position will follow our hybrid work model; we expect the selected candidate to work 3 days a week at one of our Saint Petersburg, FL Or Memphis, TN, corporate offices._

As part of the AMS Trading team, the Overlay Portfolio Reviewer role uses knowledge and skills obtained through work experience to review and implement tax-optimized model portfolio overlays on several managed account platforms using various exchange-traded products. This role also encompasses the daily management of multi-sleeve accounts with more than one trade discretion type. Under general supervision, uses established procedures and guidelines to perform a variety of trading and analytical tasks requiring evaluation and complex decision-making to execute trades and resolve account issues.

Responsibilities:

+ Overlay accounts to pre-defined single and multi-sleeve trading models and execute trades based on product guidelines.

+ Oversee the day-to-day management of multi-sleeve accounts with trading discretion held away from Raymond James on some sleeves.

+ Execute blocks of mixed asset types under tight time constraints while managing cash balances.

+ Extensive communication with outside money managers regarding trade execution, daily cash flows, and other account reviews.

+ Manage data files with tax overlay vendors, including data validation, account coding, and transmission issues.

+ Create and execute large block trade allocations, determining method of execution including limits, use of local markets for ADR conversions, and Authorized Participants for ETF creation and redemption units.

+ Analyze individual account data to identify outliers of current model positions and resolve discrepancies.

+ Perform high-level reviews of accounts to ensure investment objectives are being met.

+ Perform tax loss harvesting.

+ Research and resolve complex account errors, providing necessary trade corrections.

+ Update trading models based on data provided by outside money managers.

+ Perform other duties and responsibilities as assigned.

Skills:

+ Market trading practices of products, including equities, ADRs, ETFs, UCITs, and Mutual Funds.

+ General knowledge of managed account practices.

+ Principles of banking and finance and securities industry trading and operations.

+ Financial markets and investment products and services.

+ Mathematical ability sufficient to calculate transactions accurately and efficiently.

+ Intermediate Excel experience.

+ Advanced analytical skills: analyze data to draw logical conclusions and interpret results for use in decision-making.

+ Personal resilience while providing high-level customer service in a fast-paced environment.

+ Problem-solving sufficient to effectively analyze, research, and resolve inquiries and issues in a timely manner.

+ Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.

+ Organize, prioritize, and manage multiple activities/tasks simultaneously and complete work efficiently.

+ Communicate effectively and professionally, both orally and in writing.

+ Ability to work independently as well as collaboratively within a team environment.

+ Attend to detail while maintaining a big-picture orientation.

+ Identify the needs of customers through effective questioning and listening techniques