Janney Montgomery Scott LLC

Preferred Trader

Janney Montgomery Scott LLC$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, or Mathematics preferred.
  • Series 7, 57, 63, or 66 licenses preferred or required within a few months of hiring.
  • 3-5+ years of trading or investment management experience.
  • Proficiency with Bloomberg, BondDesk, TradeWeb, Thomson/BETA, MarketAxess.
  • Ability to process complex data quickly for real-time decision-making.
  • Strong numerical skills for calculations and financial problem-solving.

Responsibilities

  • Execute buy and sell orders efficiently on multiple trading platforms while managing liquidity and bid-ask spreads.
  • Conduct in-depth research using technical and fundamental analysis to identify profitable opportunities and predict market trends.
  • Set stop-loss and take-profit levels, employ hedging strategies, and maintain risk parameters.
  • Continuously monitor and rebalance open positions according to firm's risk tolerance and investment goals.
  • Ensure all trades comply with internal policies and external regulations.

Benefits

  • Paid Parental Leave for employees.
  • Generous Paid Time Off to promote work-life balance.
  • Eligibility for a $2,000 referral bonus.
  • Professional Development Assistance Plan for growth in and out of work.
Full Job Description


What you are good at:

  • Analytical ability - Able to effectively review information and data in order to identify issues and opportunities
  • Prioritizing: Operate in a fast-paced environment effectively managing competing priorities and responsibilities to meet critical deadlines.
  • Building Relationships -Connecting with others in a way that fosters trust and creates collaborative relationships.


Responsibilities:
  • Execute buy and sell orders efficiently and accurately across various platforms (e.g., Bloomberg, Thomson Beta, BondDesk, FLEXTrade) while managing liquidity and bid-ask spreads in $25 Par Securities, $1,000 par / Hybrid preferred securities.
  • Conduct in-depth research using technical and fundamental analysis to identify profitable opportunities, predict market trends, and create marketing analysis to the field.
  • Set stop-loss and take-profit levels, employ hedging strategies, and ensure all activity stays within strictly defined risk parameters.
  • Continuously monitor and rebalance open positions to align with a firm's risk tolerance and investment goals.
  • Ensure all trades adhere to internal policies and external regulations, such as those from FINRA.

Qualifications & Skills:
  • A bachelor's degree in finance, Economics, or Mathematics is preferred.
  • Series 7, 57, 63, or 66 are strongly preferred or required within the first few months of employment.
  • 3-5+ of trading or investment management experience.
  • Proficiency in Bloomberg, BondDesk, TradeWeb, Thomson/BETA, MarketAxess.
  • The ability to process large amounts of complex data quickly to make informed real-time decisions.
  • Maintaining composure and decisiveness in fast-paced, high-stress environments.
  • Strong numerical skills for mental calculations and understanding complex financial problems.
  • Ability to clearly and succinctly convey market insights to stakeholders, portfolio managers, and clients.


Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee's life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus and Professional Development Assistance Plan designed to help you make the most of your life at work and at home-today and in the future. Explore further.

About Janney Montgomery Scott LLC

Janney Montgomery Scott LLC is a full-service financial services firm that provides investment banking and brokerage services to individual and institutional investors. The company offers a range of services including wealth management, investment advisory, corporate finance, and fixed income trading. Janney Montgomery Scott LLC was founded in 1832 and is headquartered in Philadelphia, Pennsylvania. The company has over 1,800 employees and operates in over 100 locations across the United States.
Learn more about Janney Montgomery Scott LLC
Size
1,800 employees
Industry
Founded
1832

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