NorthCoast Asset Management is a data-driven investment firm specializing in dynamic, risk-managed equity and income strategies for high-net-worth investors and financial advisors. With more than two decades of applied research and market experience, the firm combines macroeconomic analysis, quantitative modeling, and disciplined risk controls to actively navigate evolving market environments. The firm is headquartered in Greenwich, Connecticut and operates as a part of the Focus Financial network.

Position Summary NorthCoast Asset Management is looking for a Portfolio Trader to join our team in our Stamford, CT office in a trade execution role. The Portfolio Trader’s primary responsibility is to manage all portfolio/investment related activities for their respective wealth management teams. They are responsible for implementing the investment strategy, managing appropriate cash balances, and identifying opportunities for rebalancing, portfolio improvement, and tax loss harvesting.

A successful Portfolio Trader will conduct all daily, weekly, and monthly portfolio reviews. This position requires a presence in the Stamford office five days a week.

Responsibilities

Building, executing and allocating trades across 7,000+ client accounts Researching and resolving trade and position breaks with executing brokers Reviewing client specific restrictions Maintaining trade execution data for TCA analysis and compiling and maintaining all performance results for composites. Maintain and develop automation processes for the operations and trading teams using Visual Basic and/or Python. Responsible for setting up clients in rebalancing software and updating targets when a client’s allocation changes.

Run rebalancing software to identify client portfolios that are out of balance and to determine what action, if any, should be taken. Cash Flow Planning and Cash Management: Manage appropriate minimum and max cash thresholds as well as recurring contributions and distributions. Confirm accuracy of a client’s cash needs with advisory team on a periodic basis.

Propose and execute plans for RMDs and any account cash flows. Perform review of cash to be invested or generated. Appropriately manage cash flow of accounts to provide for timely collection of fees.

Provide and execute recommended action plans to collect on any outstanding uncollected fees. Identify opportunities to harvest losses as well as opportunities to switch to a more tax-efficient (or more preferred) investment vehicle.

Qualifications

Two years of experience in financial services required Experience working with RIAs and Independent Financial Advisors a plus. Bachelor’s degree. Equity and mutual fund trading experience and familiarity with Fidelity Institutional or Charles Schwab Institutional a plus.

Strong proficiency in Microsoft Applications SS&C Software or Custodian website experience preferred Strong written and verbal communication skills. Desire to take ownership and provide the best customer service in the industry Energetic self-starter with an extremely positive, can-do attitude Strong organization skills with exceptional attention to detail Must work well in a team environment, supporting others and filling in as necessary Must be able to prioritize and switch tasks as needed The Portfolio Trader is an exempt position.

Base Pay Range

for this role is expected to be between $70,000 - $120,000/year . Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set.

Compensation

package for employees.&nb