Truist Financial

Investment Management Equity Trader II

Truist Financial$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience
  • 5+ years in equity trading including derivatives
  • Familiarity with trading OMS/EMS systems and equity trading applications
  • Deep understanding of market structures and regulations
  • Ability to work under pressure and make quick decisions
  • Capable of overseeing junior traders
  • Proficient in Microsoft Office applications

Responsibilities

  • Monitor trade blotters and execute complex equity trades globally
  • Support investment team with market analysis and pre-trade insights
  • Use trading systems for pre and post-trade analysis and execution
  • Collaborate with teams to implement trading strategies and asset allocation
  • Oversee middle office processing and resolve trade discrepancies
  • Quickly address complex trade errors and maintain documentation
  • Act as back-up to Trading Manager

Benefits

  • Medical, dental, vision insurance
  • Life and disability insurance
  • 401k plan and tax-preferred savings accounts
  • 10 days of vacation and sick days during the first year
  • Paid holidays
  • Potential eligibility for pension plan and restricted stock units
Full Job Description
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Regular or Temporary:
Regular

Language Fluency: English (Required)

Work Shift:
1st shift (United States of America)

Please review the following job description:

JOB SUMMARY

Execute securities purchases and sales of listed equity, equity derivatives and preferred securities, in both the domestic and global markets for Truist Bank fiduciary accounts in both the Wealth and Institutional line of business. Provide the investment and client service teammates with ongoing information about market sentiment, trading environment, trading volume, and volatility. Develop and maintain relationships with broker/dealers, trading partners, vendor and technology providers to facilitate fulfillment of portfolio management function for Wealth and Institutional client base.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Responsible for monitoring multiple trade blotters and the execution of complex equity and equity derivative trades in both the domestic and global markets, oversight and mentoring of junior staff trading activity.

2. Provide support to investment personnel with market color, pre-trade analytics and research.

3. Utilization of trading OMS/EMS systems, accounting platforms and applications utilized in the daily operation of the equity trading desk including pre & post-trade analysis, algo's, dark pools and ATS systems.

4. Work with the head of Equity Investments, Portfolio Managers, Investment and Research Analyst, Portfolio Asset Allocation Team and Model Trading team to implement and execute strategies, model changes and asset allocation rebalances.

5. Oversight of the equity trading middle office processing including reviewing and resolving unmatched confirms and failed trades, and supporting the trade settlement process including interaction with bank custodian and brokerage trade settlement operations departments.

6. Resolve more complex trade errors in a timely and accurate manner including documentation as necessary for both portfolio managers and traders

7. Act as back-up to Trading Manager.

QUALIFICATIONS

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's Degree or equivalent education, training or experience.

1. Five or more years of equity trading experience including equity derivatives.

2. Knowledge of trading OMS/EMS systems, accounting platforms and trading applications utilized in the daily operation of the equity trading desk including pre & post-trade analysis, algo's, dark pool and ATS utilization.

3. Knowledge of the investment process, market structure and market regulations.

4. Ability to work in fast paced, high pressure environment, make quick decisions and execute workflow accurately and efficiently.

5. Ability to comprehend complex concepts, learn new systems quickly.

6. Ability to oversee the equity trading desk and junior traders when necessary.

7. Proficiency in standard Microsoft Office applications.

Preferred Qualifications:

2. Five or more years of buy-side trading experience

3. Knowledge of Longview/Charles River Trading OMS/EMS Systems and SEI Trust 3000 Accounting System

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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