Assistant Vice President Equity Trader

Full Job Description

Assistant Vice President Equity Trader

Job Number:

3187776

POSTING DATE: Sep 24, 2021

PRIMARY LOCATION: Americas-United States of America-New York-New York

EDUCATION LEVEL: Bachelor’s Degree

JOB: Wealth Management

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Assistant Vice President

DESCRIPTION

The Advisory and Retail Equity Trading desks trade orders for unified managed accounts, separately managed accounts, FA’s, portfolio managers, and third-party institutions.

The primary function is to act as an Assistant Vice President responsible for engaging with FA’s and Portfolio Managers in the execution of their orders. Responsible for giving market color and guidance, while implementing different trading strategies to execute trades. Be able to negotiate and execute at the best price for the client. Have knowledge about all asset classes within Equity trading. Have a deep understanding of trading algorithms and how to apply them to execution.

Will represent the client and protect trade orders for the customer during the entire trade cycle. Must be client service oriented with the ability to provide active dialogue with FA’s and PM’s as well as sales traders who are using the products. You need to understand market structure to be the eyes and ears for our clients. Execution trading requires diligence and quick, effective decision-making skills.

Requires motivation to continue to build and differentiate our offering from our competition.

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QUALIFICATIONS

A Bachelor’s degree or equivalent

Licenses: Series 7, 66, and 55 within three months of hire

2-4 years of experience on a trading desk preferred with an interest in equity markets

Strong verbal communication skills

Confidence to have constant dialogue with internal and external clients; as well as to communicate with senior management

Ability to manage a fast-paced environment and multi-tasking

Strong organizational skills, including the ability to coordinate, prioritize, and manage multiple tasks/activities

An entrepreneurial spirit centered around growth

Fundamental and Technical understanding of market dynamics

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