What are the responsibilities and job description for the Trading Assistant position at Stephens Default?
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Maintain daily assigned inventories with regard to position and activity. Research any out of balance trade/system problems.
- Create managed deals in Ipreo and Bloomberg for pricing day. Send out appropriate wires during and after pricing date.
- Distribute and post to sales all pre-deal documents via Bloomberg and internal e-mail.
- Maintain and report all competitive deal results to accounting and trading desk.
- Distribute underwriting liability (balance) information to accounting department on daily basis.
- Enter municipal underwriting buy/sell tickets as required. Match tickets for trading and underwriting inventories.
- Distribute calendar weekly for upcoming underwriting deals, competitive or negotiated.
- Maintain regulatory files for all municipal underwritings
- Assist in answering telephones
- Perform other tasks as requested by management.
EDUCATION AND/OR EXPERIENCE
- Bachelor's degree in a related field.
- 1-2 years of related experience and/or training.
- Equivalent combination of education and experience.
KNOWLEDGE, SKILLS, AND ABILITIES
- Excellent verbal, written and organizational skills and strong attention to detail.
- Self-motivated with the ability to work independently in a fast-paced environment.
- Ability to prioritize and handle multiple tasks simultaneously.
- Analytical, critical thinking and problem solving skills with the ability to determine the appropriate action.
- Process management skills.
- Establish and maintain effective working relationships at all levels of the organization.
- Proficient in Microsoft Office Suite or similar software, Ipreo and Bloomberg with the ability to learn and utilize other industry specific software as required
- Ability to maintain confidentiality.
- Demonstrated reliability in attendance and work performance.
- Typing, alpha/numeric data entry.
- Attention to detail with emphasis on accuracy and quality.
CERTIFICATES, LICENSES, REGISTRATIONS
- SIE – Securities Industry Essentials
- Series 7 – General Securities Representative within 6 months.
- Series 63 - State Law Exam within 6 months.
