Electronic Sales Trader

TP ICAP

$175K — $225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-7 years of sell-side experience in Equity Trading or Sales Trading
  • 1 year of Electronic Equity Experience is a must
  • Strong track record of selling to institutional customers
  • Experience with quantitative trading strategies and TCA
  • Superior communication skills and self-motivated
  • Excellent analytical skills and problem-solving ability
  • Series 7, 63, and 57 required

Responsibilities

  • Meet trading revenue targets for the electronic desk
  • Cover equity algo order flow focused on single-stock equities and ETFs
  • Communicate trading strategies aligned with Liquidnet's offerings
  • Monitor algo orders for clients and ensure a top-tier customer service experience
  • Analyze pre-trade and provide post-trade reports
  • Identify intraday opportunities to sell and retrain on products and services
  • Prospect and convert new clients to the Liquidnet platform

Benefits

  • Opportunity to collaborate with a high-performing team
  • Access to innovative trading technologies and resources
  • Growth opportunities in a rapidly expanding product segment
  • Exposure to diverse product lines and international markets
  • Support for continuous professional development and training
Full Job Description
Role Overview

As an Electronic Sales Trader you will be important member of Liquidnet's Low Touch & Algo Desk in the Americas aspiring to leverage you markets and trading experience to provide exceptional client services that drives revenue and incremental client breadth in one of Liquidnet's fastest growing product segments. The successful candidate will have 1 year of Electronic Equity Experience.

Role Responsibilities
  • Responsible for meeting trading revenue targets for the electronic desk and working with other teams, regions, and product lines in an effort for them to grow and meet their goals.
  • Work with the team to cover equity algo order flow across US primarily focused on single-stock equities and ETFs.
  • Communicate trading strategies encompassing Liquidnet's core offering.
  • Perform real-time monitoring of algo orders for clients and provide a best-in-class customer service experience (market color, benchmark selection, etc.) and complete account management.
  • Analyse pre-trade and communicate post-trade reports.
  • Proactively identify and leverage intraday opportunities to sell, reinforce and retrain on our products and services.
  • Prospect and convert new clients to LN platform.
  • Leverage our resources to grow business and cross-sell our product lines.
  • Contribute to driving, marketing and selling our platform regionally and globally.
  • Collaborate with RM team to formulate wallet share maximization strategy.
  • Develop and drive account plans in alignment with business OKR's and KPI's leading periodic reviews to monitor performance.
  • Partner with team members to develop and execute coverage back up plan.
  • Forge Strong Relationships/Teamwork.
  • Understand Liquidnet's algorithmic offering, consult with member community on behaviors and performance, and drive innovation internally with quantitative team.
  • Effectively communicate with Member Services and Trade Support on the proper management and resolution of any trade situations.


Experience / Competences
Essential
  • 3-7 years of sell-side experience as an Equity Trader or Sales Trader, with substantial expertise in covering clients executing equity orders through block trades, program trading, algorithms, and other electronic methods (algorithmic trading experience preferred).
  • 1 year of Electronic Equity Experience is a must.
  • Strong track record of selling to institutional customers to meet business objectives and revenue goals
  • Experience with quantitative trading strategies, pre-and post-trade analytics, including TCA
  • Strong understanding of market structure and regulation
  • Superior communication skills, self-motivated and responsible
  • Excellent analytical skills and the ability to problem solve
  • Strong communication and presentation skills
  • Ability to travel as required
  • Series 7, 63, and 57 required


Desired
  • Multi-task oriented, high capacity qualitative and quantitative thinker with exceptional knowledge of US equity market function.
  • Comprehensive knowledge of buy-side and sell-side trading techniques and order flow. In-depth understanding of markets, venues (dark and lit), ems/oms, SOR's wheels, service bureaus, ATS, exchanges and the technologies that drive and differentiate them.
  • Knowledge of market microstructure and current regulatory landscape with an ability to anticipate changes that may affect business in the region in which we operate.
  • Demonstrated capacity for collaborating with business segment leaders, product development teams, marketing, technology, compliance, and operations across region.
  • Professional writing and presentation skills
  • BS, BA preferred
  • High energy and drive with a commitment to delivering and ensuring excellence


$175,000-$225,000

Level 6

#LNET #LI-Onsite #LI-MID

Location
USA - 200 Vesey Street - New York, NY

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