UIT Operations Associate

UIT Operations Associate

If you are a highly motivated individual and looking to join a vibrant growing company, SmartTrust® is the the right choice for you.

Overview

SmartTrust® is one of the top Unit Investment Trust (UIT) sponsors in the country committed to delivering high-quality growth and income investments to help meet the growing needs of today’s demanding investors and financial advisors. We are headquartered just outside of NYC, in Parsippany, NJ, and deposited our first UIT in 2003. We are a fast growing company and look to continue to augment our team with quality driven individuals. . For more information about SmartTrust®, please visit www.smarttrustuit.com. We are searching for a UIT Operations Associate to work on-site at our Parsippany, NJ headquarters.

This individual will provide administrative, analytical, and quantitative support to the portfolio management and research team. Additional responsibilities include heavy data entry, monitoring portfolios, day-to-day portfolio oversight operations, securities research, and maintaining necessary records. The Junior Investment Analyst must be hardworking, analytical, detail-oriented, and adaptable to ad-hoc tasks.

Responsibilities

• Administers the creation, development, and support of investment portfolios to help ensure they are aligned with each trust's objectives.
• Data entry and affirmation in multiple spreadsheets with fixed timelines
• Extensive Microsoft Excel experience in a financial setting (i.e., knowledge and usage of XNPV, XIRR, MIRR, etc.)
• Work with portfolio consultants to ensure timely and accurate trust creation and launch
• Coordinates deposit/origination across multiple partners
• Work on product launches to ensure smooth deposits
• Daily trade processing and execution

 

Essential Skills and Experience

• Strong knowledge of Microsoft Office with focus on competency in MS Excel and PowerPoint
• Bachelor’s degree in economics, finance, accounting, or related field preferred
• 0 - 3 years of Operations experience within Financial services.
• Strong attention to detail
• Ability to read, write and speak English clearly
• Knowledge of own department’s operations, policies, and procedures
• Must be an organized, independent, and detail-minded individual

Benefits

• Competitive compensation
• Open and supportive team-based environment
• Full medical and dental benefits
• 401(k) plan with company match

 

Compensation Information: Annual base salary for this role is $55,000 - $75,000. Salary is estimated for this role. Actual pay may be different. Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.

SmartTrust® is a division of Hennion & Walsh Inc. Member FINRA, SIPC