Trader

As a Trader, your primary responsibility is to execute trades in fixed income, equity, and option securities optimizing portfolio performance and managing market risk. You will work closely with investment professionals, portfolio managers, analysts, and other traders to implement trading strategies and ensure compliance with regulatory requirements.

JOB RESPONSIBILITIES/MAIN FUNCTIONS

• Receive and process sales orders from registered representatives ensuring trading procedures are properly executed and that compliance policies are followed.
• Work with Senior Traders and external brokers to ensure all orders are processed and settled in a timely manner.
• Create and maintain all trading records, including trade rotation, best execution, exceptions, and error resolution.
• Provide support to the Head of Trading in the implementation of initiatives to enhance effectiveness, efficiency, and industry best practices across the trading and operations team.
• Proactively work to collaboratively support departmental and firm-wide projects/ and initiatives.
• Implement risk management strategies to mitigate potential losses and adhere to risk limits.
• Stay informed about market trends, economic indicators, and relevant news affecting fixed income markets.
• Conduct quantitative and qualitative analysis to identify trading opportunities and assess market conditions.
• Communicate effectively with team members to share insights, strategies, and market information.
• Utilize trading platforms and other technology solutions to enhance trade execution efficiency.
• Stay abreast of advancements in trading technology and incorporate relevant tools into daily activities.
• Support operational excellence initiatives.
• Keeping abreast with changes in the financial market.

JOB REQUIREMENTS

• Bachelor’s degree in Business Administration with concentration in Finance, Economics, or a related field. Advanced degree (e.g., MBA, CFA) is a plus.
• 5-7 years in a financial services client service or operations type role.
• Previous experience as a fixed income trader or in a related trading role.
• Knowledge and understanding of financial markets and compliance.
• Strong math, analytical, and decision-making skills.
• Preferable system knowledge – Bloomberg, NetX360.
• Series 7 license.

DESIRED SKILLS

• Proactive and self-motivated about learning the systems and ins and outs of the business.
• Self-starter and driven and have exceptional attention to detail.
• Excellent analytical and problem-solving skills.
• High level of interpersonal skills, team player.
• Ability to leverage on technology.
• Comfortable in a fast pace and dynamic environment.
• Ability to work independently with minimal direct supervision.
• Bilingual in English and Spanish desirable.