Fisher Investments

  • Trading Operations Associate (2018-7236)

    Location US-CA-San Mateo
    Portfolio Management
    Job ID
  • Overview


    The Trading Operations team oversees accurate booking and settlement of all of the firm’s trade activity, and is integral to ensuring efficient trade processing and minimizing risk. We are seeking a person with intellectual curiosity and a track record of success to be the next Trading Operations Associate.


    In this role you will manage the settlement cycle of our trades and reduce monetary and reputational risk wherever possible, as you work closely with Fisher Investment’s Traders and counterparties at brokerage firms and custodians around the world. You will have the ability to impact the success of the firm’s portfolio management efforts by identifying and eliminating operational problems, streamlining processes and building infrastructure as we pioneer new markets.


    Trading Operations gives you the opportunity to quickly learn the nuances of global market structure, trade processing, and industry-standard settlement practices. This role is an outstanding opportunity to learn about trading at Fisher and across the industry.


    You will be given rotating responsibility for a section of trade activity (U.S. Private Client, Institutional Global Trading, Foreign Private Client, etc.), including trade execution reconciliation and monitoring for on-time booking and settlement of equity, fixed income, and currency trades.


    The Day-to-Day:

    • Troubleshoot time-sensitive trading issues with tangible impact to the firm
    • Work closely with counterparties, foreign and domestic to prevent and resolve failed trades
    • Verify foreign exchange transactions for global trades using GTSS in accordance with intra-day exchange rates and proprietary tolerance levels
    • Oversee the initial trading setup of Institutional accounts with brokers and custodians
    • Build infrastructure to facilitate trading for Foreign Private Client expansion
    • Learn, build, and maintain trade-specific technology, including internal and 3rd party applications like Omego CTM, Oasys, Alert and TradeSuite.
    • Reconcile trade activity to ensure all trades are accurately allocated and confirmed
    • Seek out opportunities to improve efficiency and accuracy and leverage technology to streamline trading processes
    • Use Bloomberg to obtain and validate transaction-related security information.


    • Strong analytical thinking, especially when faced with ambiguity
    • Strong investigative and quantitative problem solving skills
    • Ability to communicate and work efficiently in high-pressure situations while meeting deadlines throughout the trading day/settlement cycle.
    • Ability to quickly learn new processes and workflows
    • Strong priority-setting
    • Excellent attention to detail and a high level of reliability
    • High level of personal accountability and appreciation of opportunities for innovation
    • Strong interpersonal skills and ability to effectively interface with various levels of management
    • Proficiency in Microsoft Excel and Access

    We believe in providing the training needed to be successful in our entry-level roles. Accordingly, none of our entry-level jobs require the highly specialized knowledge needed for us to sponsor an H-1B visa and we therefore do not provide sponsorship for entry-level positions.


    Why Fisher Investments:

    Fisher Investments is a different kind of investment firm. We don’t come from Wall Street, nor do we believe we fit in with most of the finance industry, and we’re proud of that. We work for a bigger purpose: bettering the investment universe. From unmatched service to innovative perspectives on investing, it’s the people that make the Fisher purpose possible. After all, it’s our people that enable us to offer the level of service that we do. And we invest in them accordingly, offering exceptional benefits like:

    • 100% coverage of premiums for health, vision and dental insurance
    • A 50% 401(k) match, up to the IRS maximum
    • 20 days of PTO*, plus 9 paid holidays
    • 8 week paid Primary Caregiver Parental Leave
    • And much, much more

    We also provide a cumulative, continuous learning and development framework customized for every employee. This emphasis on personal and professional growth has yielded an award-winning work environment; we’re Great Place to Work Certified, and The Oregonian named us as a 2017 and 2018 Top Workplace.


    But in the end, it’s not the perks that keep people here. They stay because they believe in our mission of service—our employees want to make a difference in an industry that can do better.


    * California employees accrue up to 17 days of PTO and 3 days of sick time per year.