What are the responsibilities and job description for the Equity Assistant Trader/Administrator position at Alpha Global Search LLC?
International Financial Firm is seeking an Equity Assistant Trader/Administrator who manages trade execution, performance measurement, database management and portfolio attribution analysis for Equity team. Collaborate and liaise with Operations Analyst, Back-Office, Compliance, and other relevant parties for business planning, automation projects and client communications. Provide administrative support to the Equity team to ensure accurate trading activity, analysis and reporting.
Essential Duties/Function:
- Manage the processing and settlement of trades according to guidelines and standards. Assess, interpret, and report on market practices and developments as they pertain to trading. Recommend and advise on any changes or improvements necessary.
- Responsible for performance measurement & allocation. Monitor and track portfolio cash positions. Maintain up-to-date performance and ratings data.
- Execute trades within guidelines with focus on quality of trade execution in compliance with legal and regulatory requirements. Complete all trades in a timely manner – in collaboration with broker/dealers and Back-Office. Ensure compliance with HQ's zero-tolerance policy for trade errors.
- Communicate and collaborate with the operations analyst, other front, middle and back-office teams to ensure accuracy and completeness of trades, reporting, adherence to compliance requirements etc.
- Fulfill daily, weekly and monthly reporting requirements.
- Collaborate with operations analyst and IT to develop and implement automation projects.
- Miscellaneous duties as assigned.
Qualifications:
- Bachelor’s degree in Finance, Economics, a related field or equivalent work experience.
- At least 3-4 years of experience in financial services, including at least 1-2 years within a trading environment.
- Prior experience in equities, market analysis, equity trading, fund management or portfolio administration. A solid understanding of equity and financial markets is required. Prior experience in the oversight of databases is desirable. Long-term interest in operations, trading or analysis is welcome.
- Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated research tools required. Familiarity with AIM a plus; VBA skills are desirable, along with experience with SQL, BQant, etc.
- Ability to effectively prioritize work in a real-time environment with strong risk management and compliance awareness.
Salary : $80,000 - $90,000
