Rebalancing Specialist - Los Angeles, United States - Altruist Corp

Altruist Corp

Verified Company

Los Angeles, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

About Altruist
Altruist is a fast growing fintech company that's transforming the financial advice industry. Our mission is to make financial advice better, more affordable, and accessible to everyone. We're a modern custodian built exclusively for registered investment advisors (RIAs). As we disrupt legacy custodians and revolutionize the $100T RIA market, we're seeking exceptional individuals to join our team. If you embody our core values of kindness, brilliance, and grit, and are passionate about making a meaningful impact, we want to hear from you

About the position
Altruist is entering an exciting phase, and we're looking for a
Rebalancing Specialist to join our
Rebalancer team within our
Investment Product Group

What you'll do

Validate daily delivery, processing, and loading of data required for rebalancing
Coordinate with Operations team to document and perform daily preflight checks, ensure accuracy and timeliness of automated rebalancing
Monitor progress of automated rebalancing from ingestion of trade proposals to allocation of executed orders
Analyze and monitor performance of the rebalancer on an ongoing basis, identifies and characterizes trends that impact client outcomes for better or worse
Provide feedback and input to Product, Design, and Engineering teams during the product development process
Provide oneoff / custom reports and analyses for financial advisors
Work with the Investment Solutions team to implement managed transitions for hightouch advisors
Implement pilot programs and special accommodations within the rebalancer
Liaise with the Customer Success, Market Data, and Compliance teams to investigate issues and work closely with engineering to find solutions.

What you'll bring

3+ years experience working in the finance industry, preferably in an operational capacity
Background in optimization and core portfolio rebalancing concepts (tax management, dispersion management, rebalancing methodologies)
Experience working with one or more commercial optimizationbased trading solutions
Experience with financial data positions, prices, cost basis
Familiarity with data pipeline workflows
Familiarity with securities trading and corporate actions
Proficiency with data analysis and SQL
Affinity for a fastpaced, earlystage environment
Los Angeles, CA salary range

- $158,000—$203,000 USD

Benefits

Competitive salary and stock options
Premium Healthcare, Dental, and Vision insurance plans
Generous paid parental leave
401(k) savings plan with matching contributions
Flexible paid time off
Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure _fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth._