What are the responsibilities and job description for the Trading Assistant position at Weiss Asset Management LLC?
Weiss Asset Management (WAM), a Boston-based investment firm, is seeking a Trading Assistant to join our trading team. This role is essential to maintaining the accuracy and efficiency of trade execution, reconciliation, and operational processes. The ideal candidate must be reliable, detail-oriented, and proactive. We are looking for someone with a "no job too small" mindset who thrives in a fast-paced environment. This position offers potential long-term growth opportunities to move into a trading role.
0-2 years of prior work experience is preferred.
Responsibilities :
- Ensure all trades are accurately and promptly communicated to the Operations team.
- Manage daily trade affirmation and capture all necessary trade confirmations.
- Collaborate with Operations to reconcile discrepancies in trades, positions, P&L, and risk.
- Liaise with counterparties to resolve trade discrepancies.
- Ensure timely and accurate booking of deal transfers and internal allocations.
- Coordinate with Legal and Compliance to reconcile any errors when required.
- Participate in testing and implementation of trading technology initiatives.
- Identify opportunities to enhance trading workflows by leveraging a deep understanding of processes and requirements.
- Support trading operations, including order staging, entry, and settlement processes.
About the Company :
For over 30 years, Weiss Asset Management has developed proprietary value-based investment strategies designed to deliver high risk-adjusted returns to our investors, who include charitable foundations, pension plans, endowments, hospitals, government entities and private investors. We manage approximately $3.6 billion across hedge funds and institutional accounts. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical analysis and an analytically rigorous approach to decision making. Above all else, we value integrity, uncompromising rationality, creativity and entrepreneurship, and continuous learning and improvement.
Our team of around 100 individuals is the engine of our success and we welcome truly exceptional candidates from all backgrounds.
WAM is a fit for you if :
WAM is an equal opportunity employer. Women, minorities, people with disabilities, and veterans are encouraged to apply.
