Federated Hermes, Inc., a global leader in active, responsible investing, is seeking a Trade Coordinator, Managed Accountsto join our Trading – Equity Managed Accounts team basedat 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
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.
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.
For more than 60 years, Federated Hermes has provided world-class investment solutions to financial professionals in the United States and around the world. Federated Hermes' employees have defined the qualities of the company’s success over the decades: a reputation for integrity and excellence, a commitment to customers and employees and a history of longstanding client relationships. While each market cycle brings new opportunities and challenges to the company, Federated Hermes continues to foster employee commitment to excellence in the investment management industry.