What are the responsibilities and job description for the Senior Trade Reporting Specialist position at Edward Jones?
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
The Trade Report Specialist is one of two on the Trade Reporting team responsible for the day-to-day monitoring and correcting of trade reporting activity for all Edward Jones branch offices and traders.
Daily responsibilities include the reconciliation of "not-affirmed" client trade reports, unmatched inter-dealer trade reports, exception time differences, questionable trade reports and system rejects.
Additional responsibilities include, but are not limited to:
Daily responsibilities include the reconciliation of "not-affirmed" client trade reports, unmatched inter-dealer trade reports, exception time differences, questionable trade reports and system rejects.
Additional responsibilities include, but are not limited to:
- Reconciling unsatisfactory trade reports daily and communicate these issues along with their resolution to Trading, Compliance and Trade Operations
- Gathering, preparing and communicating statistical information for trades reported to RTRS and TRACE so that firm performance can be measured against previous results and versus the industry.
- Prepare and analyze reported firm trade information to verify the accuracy of regulatory transaction fees charged as part of the monthly FINRA and MSRB bill paying process.
- Detecting and/or preventing problems with trade reports that cause regulatory issues for the firm.
- Identify and implement best practices through trend analysis that improve the firm's performance with regard to timely and accurate trade reporting, as well as provide alignment with industry rules and regulation.
- Participate in the training process for new associates as a coach or mentor.
- Assist with projects related to technology, automation or simplifying departmental work processes.
As Trade Reporting Specialists are responsible for detecting and/or preventing problems with trade reports that can cause regulatory issues for the firm, the ability to sort through complex issues and make reasonable judgement calls is paramount.
A bachelor's degree in business with emphasis in Finance and/or Accounting is preferred.
Series 7 and 66 are required within 6 months of starting in this position.
Three or more years of financial services industry experience is preferred with a strong preference for Fixed Income or Compliance experience.
Candidates must have experience with Excel and Powerpoint; exceptional candidates will have experience with VBA, Tableau or other statistical software packages.
Senior Trade Reporting Specialists are asked to communicate with various internal departments (Trading, Syndicate, Trade Operations, Compliance, Internal Audit, etc.) broker-dealers and industry regulators as part of their daily responsibilities, which require strong written and verbal communication skills.
A bachelor's degree in business with emphasis in Finance and/or Accounting is preferred.
Series 7 and 66 are required within 6 months of starting in this position.
Three or more years of financial services industry experience is preferred with a strong preference for Fixed Income or Compliance experience.
Candidates must have experience with Excel and Powerpoint; exceptional candidates will have experience with VBA, Tableau or other statistical software packages.
Senior Trade Reporting Specialists are asked to communicate with various internal departments (Trading, Syndicate, Trade Operations, Compliance, Internal Audit, etc.) broker-dealers and industry regulators as part of their daily responsibilities, which require strong written and verbal communication skills.
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
