Job DescriptionOur Asian Equity Sales Trading group is seeking an experienced and highly successful Sales Trader. The position is responsible for the management and execution of client equity trades with a focus on delivering a high level of service.
Responsibilities include but are not limited to:- Monitor price movements and order flow on Asian stock exchanges like Hong Kong, Singapore, Japan, Taiwan, and Korea during the night shift (Sunday through Thursday 7pm-5am ET)
- Place buy and sell orders for clients
- Manage orders based on market analysis and trading strategies
- Adhere to risk management guidelines
- Utilize technical indicators and charting patterns to identify trading entry and exit points
- Communicate with clients regarding market updates, trade execution, and client stock portfolio performance/movements, as well as to generate new orders/revenue
- Generate post-trade reports, analyze trading performance, and identify areas for improvement
- Communicate orderbook hand offs to the daytime USA sales trading/trading teams with instructions and any key client dialogue
- Perform other duties as required and assigned
Experience and Skills- Bachelor's Degree from an accredited University required, preferably in Business or Finance, or other related fields
- 3-5+ years of successful sell-side experience as an Equity Sales Trader
- Active Series 7, 63, 57 required
- Strong understanding of Asian equity markets, including market dynamics, key economic indicators, and regulatory landscape
- Must have established relationships with US accounts trading Asian equities
- Expertise in technical analysis and charting tools, as well as with trading platforms and order management systems
- Excellent analytical and decision-making skills under pressure
- Strong communication skills to interact with clients and internal stakeholders
- Ability to work independently and effectively during night shifts, and able to make quick decisions that are time sensitive
- Highly organized, strong attention to detail, with the ability to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
Job BenefitsWhat Wedbush Offers
As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.
- Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
- Health Savings Account with company-sponsored contributions
- Flexible Spending Accounts (FSA) traditional and dependent care
- Pre-Tax Commuter Benefits
- 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
- Tuition reimbursement up to $5,250/year
- 3 weeks of Paid Time Off
- 2 weeks of Paid Sick Time (may vary by location)
- 10 Paid Holidays
- Charitable Donation Matching Contributions
- Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
- FINRA License Sponsorship
- Travel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $100,000 to $150,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
