Head of Trading at SCS Financial

<p><span style="font-size: 12pt;"><strong>Position Summary</strong></span></p> <p><span style="font-size: 12pt;">SCS Financial is seeking a seasoned Head of Trading to lead and elevate our trading function at an exciting moment of firm-wide growth and investment. The ideal candidate will bring both the technical depth of a skilled trading operator and the strategic vision to build a best-in-class trading infrastructure that scales with the firm's continued expansion.</span></p> <p><span style="font-size: 12pt;">Reporting to the Managing Director of Operations, this leader will own the full trade lifecycle across a sophisticated, multi-team RIA environment — from execution and allocation through reconciliation and risk oversight — while developing a talented team and driving the process and technology enhancements that will define SCS's trading capabilities for years to come.</span></p> <p><span style="font-size: 12pt;">This role is located in Portsmouth, New Hampshire.</span></p> <p>&nbsp;</p> <p><span style="font-size: 12pt;"><strong>Primary Responsibilities&nbsp;</strong></span></p> <p><span style="text-decoration: underline;"><span style="font-size: 12pt;">Lead the Trading Function</span></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Establish clear role ownership, accountability structures, and roadmap for trading capacity, technology, and process maturity</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Build and maintain a high-performance team culture rooted in precision, cross-training, collaboration, and shared ownership</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Lead, mentor, and develop a team of four trading professionals</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Define KPI’s, use data to improve execution and strategy</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Represent the Trading team in cross-functional leadership engagements, present initiatives at department or firm-wide meetings, and drive change management</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Manage relationships with Brokers, Liquidity Providers, Exchanges/venues. Evaluate execution quality and negotiate terms</span></li> </ul> <p><span style="text-decoration: underline;"><span style="font-size: 12pt;">Drive Execution Excellence&nbsp;</span></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Oversee all daily trade execution across mutual funds, ETFs, individual equities, and SMAs through the RedBlack order management platform</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Manage aggregated trading demand, order sets, allocation workflows, and daily reconciliation across numerous custodians</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Lead firmwide model implementation and rebalancing, translating investment model changes into scalable, tax-aware execution across all client portfolios</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Enforce trade submission deadlines, best-execution standards, and error prevention controls across all asset classes</span></li> </ul> <p><span style="text-decoration: underline;"><span style="font-size: 12pt;">Modernize and Scale the Operating Model</span></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Identify and resolve inefficient manual workflows, particularly across multi-platform coordination (RedBlack, Addepar, custodian systems)</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Drive the strategic vision for the Trading function, including automation and AI opportunities, system enhancements, and integration opportunities</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Establish standardized intake-and-execution processes, repeatable SOPs, and certification frameworks for the trading team</span></li> </ul> <p><span style="text-decoration: underline;"><span style="font-size: 12pt;">Risk Management &amp; Compliance</span></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Develop and enforce trading risk policies including drift tolerances, position limits, and IPS compliance monitoring</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Conduct regular advisor drift reviews and serve as the escalation point for complex trading situations (concentrated stock, derivatives, tax-sensitive transitions)</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Maintain compliance with SEC best-execution requirements and all applicable RIA regulatory standards</span></li> </ul> <p><span style="font-size: 12pt;"><strong>Qualifications</strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">10+ years of trading operations experience within an RIA, multi-family office, wealth management firm, or broker-dealer</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Demonstrated leadership experience managing and developing a trading team at the VP or Director level</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Preferred CFA designation</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Deep proficiency in an order management system; RedBlack strongly preferred</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Extensive knowledge of execution strategies (FWAP, TWAP, market orders, etc.)</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Experience with Salesforce preferred</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Familiarity with portfolio accounting systems (Addepar or equivalent) and custodian platforms (Schwab, Fidelity)</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Execution experience across mutual funds, ETFs, individual equities, and SMAs</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge of SEC best-execution requirements and the RIA regulatory framework</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Track record designing and enforcing trading risk controls and IPS compliance</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Exceptional cross-functional communication and presentation skills</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Highly organized and able to manage high-volume trading demand from multiple advisor teams</span></li> </ul> <p>&nbsp;</p> <p><span style="font-size: 12pt;">This position is an exempt position. The annualized base pay range for this role is expected to be between $170,000–$190,000 base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.</span></p><div class="content-conclusion"><p><span style="font-size: 12pt;">SCS is a fiduciary wealth and investment management firm serving some of the world’s most ambitious wealth creators — ultra‑high‑net‑worth individuals, families, and institutions. SCS exists to transform wealth into possibility, helping its clients protect and amplify their capital, align it with their purpose, and build multi‑generational legacies.</span></p> <p><span style="font-size: 12pt;">SCS delivers an integrated family office and investment platform that brings together sophisticated multi‑asset class portfolio management, access to private investments, holistic wealth and estate planning, next‑generation education, and purpose‑driven advisory. SCS’s team is supported by a modern, scalable technology infrastructure that enhances SCS’s ability to deliver a seamless, proactive, white‑glove client experience.</span></p> <p><span style="font-size: 12pt;">SCS is part of Focus Financial Partners, a leading financial services firm comprised of wealth management, family office, and business management services.</span></p> <p><span style="font-size: 12pt;">Focus is an equal opportunity employer and bases its employment decisions on the employee or candidate’s skillset, and without regard to an employee or candidate’s race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by local, state and/or federal law.&nbsp;</span></p> <p><span style="font-size: 12pt;">Focus complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact <a href="mailto:[email protected]">[email protected]</a>.</span></p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;"><span style="font-size: 8pt;"><strong>For California Applicants: </strong><span data-teams="true">Information on your California privacy rights can be found</span><strong><span data-teams="true"> <a id="menur4dt" class="fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn" href="https://focus-financial.files.svdcdn.com/production/documents/Privacy-Notice-Personnel-Supplement-for-CA-residents-Jan-1-2025-Final-Clean.pdf?dm=1740065249" target="_blank">here</a></span></strong></span></p> <p><span style="font-size: 8pt;"><strong>For Indiana Applicants: </strong>It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.</span></p> <p><span style="font-size: 8pt;"><strong>For Maryland Applicants: </strong>I UNDERSTAND THAT UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT ANY INDIVIDUAL SUBMIT TO OR TAKE A POLYGRAP OR SIMILAR TEST.&nbsp; AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.&nbsp;</span></p> <p><span style="font-size: 8pt;"><strong>For Massachusetts Applicants:</strong> It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.&nbsp; An employer who violates this shall be subject to criminal penalties and civil liability.&nbsp;</span></p> <p><span style="font-size: 8pt;"><strong>For Montana Applicants: </strong>If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.<strong> </strong></span></p> <p><span style="font-size: 8pt;"><strong>For Rhode Island Applicants:</strong> Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation.&nbsp; The Company complies fully with the Americans with Disabilities Act.</span></p></div>