What are the responsibilities and job description for the Trader- Entry Level position at Advisors Capital Management?
Qualifications & Opportunity
Work with an incredibly dynamic young, energetic team of 70 people.
We are looking for an energetic, thought provoking individual who is excited about working with our trading desk, portfolio managers, and operations. You will work directly with Portfolio Managers on a daily basis. The successful candidate will possess the following:
- An undergraduate degree is required, please provide GPA on your application
- Candidates must be extremely organized and capable of multi-tasking
- Proficiency in Office, including Word and Excel, especially Excel. Did I mention Excel?
- Technologically proficient and comfortable working on a PC
- Superior attention to detail and the ability to independently manage multiple projects in an accurate and timely manner is essential
- Must be a team player with a desire to work in a collegial environment
- Strong written and oral communication skills
- Deadline oriented
- Strong mathematical skills
- No experience necessary as a trader
Responsibilities
- Modeling trades
- Trading across multiple platforms
- Sending out and managing the cash report and monitoring cash balances
- Monitoring position size
- Organizing new accounts, preparing them for investment and investing them
- Manage restrictions, investment timing, and other unique situations on accounts
- Providing extensive service to operating staff
- Model a very wide ranging set of transactions
- Help establish best practices, procedures, and processes that make trading and ACM more efficient
- Execute lots of different transactions in equities and fixed income
- Comfortable talking and working efficiently with portfolio managers
Hybrid Role
Job Type: Full-time
Salary: $45,000.00 - $55,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Parental leave
- Professional development assistance
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Supplemental pay types:
- Bonus pay
COVID-19 considerations:
We are currently on a reduced head count in the office as the team is working from home most days due to COVID-19. However, for training, we are anticipating a need to be in the office 5 days a week to work with and learn from other traders.
Education:
- Bachelor's (Preferred)
Work Location: One location
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Job Type: Full-time
Pay: $55,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Compensation Package:
- Bonus opportunities
Schedule:
- Monday to Friday
Work Location: Hybrid remote in Ridgewood, NJ 07450
Salary : $45,000 - $55,000