Agency TraderDepartment: Finance
Employment Type: Full Time
Location: New York
Compensation: $100,000 - $120,000 / year
DescriptionAbout the Role:
The Operations & Trading Associate will play a key role on a midtown NYC broker-dealer trading desk, supporting both trading activity and overall desk operations. This position involves executing and servicing trades across multiple asset classes-Equities, Options, FX, and Mutual Funds-while ensuring smooth trade flow, compliance with regulatory requirements, and a high standard of client service.
Key Responsibilities- Execute and service trades for the firm's domestic and international accounts, including Equities, Options, FX, and Mutual Funds, using Bloomberg EMSX.
- Manage pre- and post-market operational tasks, including margin calls, Buy-ins, DKs, and trade confirmations.
- Prepare and distribute Best Execution reports on a weekly and monthly basis.
- Ensure timely and accurate communication with clients regarding trade activity and operational matters.
- Collaborate with trading and operations teams to maintain smooth workflow and compliance with regulatory requirements.
- Support the trading desk with ad hoc operational or administrative tasks as needed.
Skills, Knowledge and Expertise- Required licenses: Series 7, Series 63, and Series 57.
- 2+ years of experience in trading, operations, or a financial services environment.
- Familiarity with trading platforms, preferably Bloomberg EMSX, and execution of Equities, Options, FX, and Mutual Funds.
- Understanding of operational processes including margin calls, trade confirmations, Buy-ins, DKs, and Best Execution reporting.
- Strong attention to detail, organization, and ability to manage multiple priorities in a fast-paced trading environment.
- Basic understanding of regulatory and compliance requirements in broker-dealer operations.
- Proactive and quick learner, able to adapt to evolving processes and responsibilities.
- Ability to collaborate effectively with traders, operations staff, and clients.
Core Competencies:Collaborates - Building partnerships and working collaboratively with others to meet shared objectives
Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
Nimble Learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder
Situational Adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations
