Full Job Description
Assistant Vice President Equity Trader
POSTING DATE: Sep 24, 2021
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor’s Degree
JOB: Wealth Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Assistant Vice President
The Advisory and Retail Equity Trading desks trade orders for unified managed accounts, separately managed accounts, FA’s, portfolio managers, and third-party institutions.
The primary function is to act as an Assistant Vice President responsible for engaging with FA’s and Portfolio Managers in the execution of their orders. Responsible for giving market color and guidance, while implementing different trading strategies to execute trades. Be able to negotiate and execute at the best price for the client. Have knowledge about all asset classes within Equity trading. Have a deep understanding of trading algorithms and how to apply them to execution.
Will represent the client and protect trade orders for the customer during the entire trade cycle. Must be client service oriented with the ability to provide active dialogue with FA’s and PM’s as well as sales traders who are using the products. You need to understand market structure to be the eyes and ears for our clients. Execution trading requires diligence and quick, effective decision-making skills.
Requires motivation to continue to build and differentiate our offering from our competition.
A Bachelor’s degree or equivalent
Licenses: Series 7, 66, and 55 within three months of hire
2-4 years of experience on a trading desk preferred with an interest in equity markets
Strong verbal communication skills
Confidence to have constant dialogue with internal and external clients; as well as to communicate with senior management
Ability to manage a fast-paced environment and multi-tasking
Strong organizational skills, including the ability to coordinate, prioritize, and manage multiple tasks/activities
An entrepreneurial spirit centered around growth
Fundamental and Technical understanding of market dynamics