Capital Markets Associate at Betterment · LumiJobs

Responsibilities

The Capital Markets team sits at the crossroads of daily business processes and new feature development for the in-house portfolio management, custody, and trading platforms. As a Capital Markets Associate, you are excited to use both your subject matter expertise and quantitative rigor to propose, coordinate, and drive key projects relating to the ongoing research and development of the Betterment trading systems. To be successful in this role, you will be process-oriented, results-focused, curious, and eager to learn. We'll look to you to be iterative and a successful collaborator, bringing innovation and efficiency to our systems while ensuring continual compliance with relevant regulatory frameworks. You'll also treat modern AI tools (LLM assistants, AI-assisted coding, and workflow automation) as a core part of your workflow, using them to move faster on analysis, documentation, and research while applying your own judgment to everything they produce.
This role is based out of our NYC office. Below we've reflected the base salary range for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment’s total compensation package for employees.
New York City: $120,000 - $135,000
This job may also be eligible for variable compensation in the form of a company incentive bonus.
A day in the life
Help steward Betterment's order management and execution systems with any required oversight and intervention throughout market hours, inclusive of all required regulatory reporting
Collaborate with senior team members to help scope, plan, and execute trading-related initiatives by contributing to business case development, testing, and implementation.
Assist in building and maintaining business reporting metrics across execution quality, trade volumes, and cost analytics to support decision-making across teams.
Contribute to platform improvements by helping identify operational inefficiencies and supporting research and production enhancements, including opportunities to automate or streamline recurring team workflows with AI.
Maintain cutting-edge awareness of an ever-evolving regulatory environment, including rule filings, industry commentary, and market structure developments for the team.
Draft and maintain clear team documentation, procedures, and stakeholder updates.
Manage existing external counterparty relationships, including brokers, market data providers, and reporting vendors, as well as develop and onboard new partners.

Capital Markets Associate

Responsibilities

Qualification

Required

Benefits

Company

Betterment

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