Description

Kestra Financial is a wealth management platform dedicated to empowering independent financial professionals—including traditional and hybrid RIAs—to grow their businesses and deliver exceptional client service. We combine advanced business management technology with personalized consulting to provide unmatched scale, efficiency, and support. Our advisor-focused culture is built on innovation and advocacy, enabling advisors to offer comprehensive securities and investment advisory solutions to their clients
Lead with Purpose. Partner with Impact.   

As a key member of the Overlay Trading Team at Kestra Financial, you will help drive the next evolution of trading and portfolio implementation across our advisor network. This role is centered on delivering advisorfocused managed account solutions within the UMAPlus program, with an emphasis on scalable Unified Managed Account (UMA) trading, taxoptimized overlay services, and improved client transition outcomes.

You will implement portfolio strategies on behalf of advisors and their clients, partnering closely with portfolio managers, analysts, and operations teams. Your work will include executing trades, monitoring exposures, managing cash flows, and ensuring client portfolios stay aligned with their designated models and objectives. The ideal candidate brings strong execution capability, a processimprovement mindset, and a passion for building technologyenabled, scalable trading solutions.

Requirements

What You’ll Do:  

• Execute trades across client accounts using singlesleeve and multisleeve UMA models, ensuring adherence to product guidelines and firm policies.
• Monitor portfolios to identify outliers, discrepancies, or drift relative to model targets; recommend and implement adjustments.
• Manage cash positions, allocations, exposures, and tax considerations—including realized gains/losses—to enhance efficiency and portfolio outcomes.
• Support platform administration activities such as rebalancing, implementing strategies, and executing marketdriven actions.
• Collaborate with thirdparty managers and internal stakeholders to integrate overlay strategies within UMA structures.
• Review and process trade orders with precision, ensuring accuracy, timeliness, and best execution.
• Keep current on market developments, regulatory requirements, and best practices in UMA and overlay trading.
• Contribute to technology and workflow innovation, including automation tools that enhance scale, consistency, and performance.
• Help build robust workflows for multiasset UMA trading, taxoptimized overlays, and direct indexing, incorporating risk models and clientspecific preferences.
• Support trading implementation for Kestra Investment Management’s legacy programs.

What You Bring: 

• Bachelor’s degree in Finance, Economics, Business, or related field required.
• MBA or CFA preferred.
• 5+ years of experience in wealth management, investment operations, or trading.
• Exceptional attention to detail and strong problemsolving skills; thrives in fastpaced, deadlinedriven environments.
• Solid understanding of wealth management, UMA structures, and overlay strategies (e.g., tax or risk overlays, trading restrictions).
• Proficiency with trading platforms, OMS systems, and portfolio management tools.
• Demonstrated ability to drive process improvements that enhance scale, quality, and consistency.
• Advanced Excel skills (pivot tables, data manipulation; VBA/macros a plus).
• Experience with analytical platforms such as Morningstar Direct, FactSet, or similar.
• Strong communication and crossfunctional collaboration skills.
• Working knowledge of trading regulations and operational controls.
• Ability to craft clear messaging and present information effectively.
• Experience integrating trading automation to support scalable overlay execution.
• Familiarity with Jira, Confluence, and formal process documentation.
• Background in workflow automation and tooling development.
• Proficiency in SQL, Python, and/or VBA.
• Comfort engaging with advisors and senior leadership; strong influencing skills.
• Exposure to optimization techniques (e.g., quadratic or mixedinteger) and multifactor risk modeling.
• Experience with agentic or automated operational workflows.
• Understanding of Modern Portfolio Theory, multifactor risk models, and taxoptimization methodologies.
• Certificates, Licenses, Registrations
• FINRA Series 7 and 66 (or 63/65 equivalent) required, or must be obtained within 90 days of hire.