Junior Investment Trader
Equities/Fixed Income/Options
The Herbst Group – Westport, CT
Role Overview
The Junior Investment Trader supports the Portfolio Manager in all aspects of daily trading and portfolio operations across equities, fixed income, and options. This is a hands-on role for someone who is detail-oriented, thrives in fast-moving markets, and wants to deepen their understanding of portfolio management and risk oversight in a high-net-worth investment environment. The position is execution-focused, with opportunities to grow through direct exposure to strategy discussions and investment decision-making.
Key Responsibilities
- Execute equity, fixed income, and options trades with precision and efficiency, ensuring compliance with order parameters and execution guidelines.
- Manage block trade allocations across multiple client accounts using WealthScape; maintain accurate trade records and reconciliations in Excel.
- Monitor markets, news flow, and company-specific developments relevant to portfolio holdings.
- Input and track limit and VWAP orders, maintaining awareness of liquidity and bid-ask spreads.
- Assist in options roll management and portfolio hedging adjustments, maintaining awareness of contract expirations.
- Coordinate and submit RFQs for fixed-income trades, monitor bond maturities, and ensure timely reinvestment across client portfolios.
- Generate and analyze daily portfolio reports.
- Maintain and update the firm’s CRM system to ensure accurate client trade, reporting, and communication records.
- Participate in periodic discussions around portfolio positioning and broader market themes as part of ongoing training under the Portfolio Manager.
Skills & Attributes
- Strong Excel proficiency and attention to detail; capable of accurate allocation and data management across multiple accounts.
- Familiarity with order management processes and trading mechanics (limit orders, VWAP execution, block allocations).
- Working knowledge of equity, fixed income, and derivatives.
- Comfortable operating in a fast-paced, execution-driven environment with high accuracy requirements.
- Self-starter eager to learn the full investment lifecycle from execution through research and risk management.
Qualifications
· 0–2 years of experience in financial markets or investment-related roles, or demonstrated interest in markets, trading, and portfolio management.
· Bachelor’s degree in finance, Economics, Business Administration, or a related analytical discipline.
· Familiarity with equities, options, and fixed-income instruments, with a desire to deepen technical understanding through hands-on experience.
· Strong analytical and quantitative skills, with attention to detail and accuracy across all execution and reporting functions.
· Excellent written and verbal communication skills; able to work collaboratively with the Portfolio Manager.
· Organized, reliable, and capable of managing multiple priorities in a fast-paced environment.
· Eager to learn, contribute, and grow into expanded responsibilities in research, portfolio management, and client servicing over time.
Seniority Level
Entry-level to early career - execution and operations focused, with opportunities to learn directly from the Portfolio Manager and gain broader investment responsibility.
Work Environment
Hybrid role based out of Westport, CT, combining in-office collaboration with remote workdays.
Industry
Investment Management/Financial Services
Systems Knowledge
· Fidelity WealthScape, FactSet, Black Diamond, and CRM (Salesforce)
· Microsoft Excel proficiency
· General comfort with data-driven workflows and market-tracking tools
Licensing
· Series 65
Additional Notes
· Must be authorized to work full-time in the U.S.; The Herbst Group does not sponsor work visas.
· This is a hands-on execution and operations role with day-one involvement across trading, allocations, and reporting.
· High-performing team members will have the opportunity to take on additional analytical and research-oriented responsibilities over time.
About THG
The Herbst Group is a Registered Investment Adviser, subject to SEC regulation, and requires all employees (and at times, family members) to disclose securities holdings and transactions. There are also restrictions on trading specific securities. Candidates are encouraged to request further information regarding these policies.
At The Herbst Group, we recognize, respect, and value each employee's contributions. We strive to cultivate a work environment that strikes a healthy balance between our professional and personal lives.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. THG is an equal opportunity employer, Minorities/Females/People with Disabilities/Protected Veterans/Sexual Orientation/Gender Identity.
