Salary
💰 $80,000 - $115,000 per year
About the role
- Ensure that daily trading operations run smoothly, including support for derivative and cross-asset trading, managing collateral, and cash management activities
- Ensure efficient and timely securities clearing, settlement, and reconciliation processes
- Monitor trading workflows and enhance operational efficiency to minimize risk and errors
- Ensure all trades are accurately recorded in relevant systems and that all discrepancies are promptly addressed
- Collaborate with traders, portfolio managers, and back-office teams to ensure alignment in trading strategies and processes
- Conduct regular reviews of trading systems, processes, and procedures to ensure compliance with internal policies and regulatory requirements
- Manage cash flows and liquidity requirements to support trading activities
- Develop and implement best practices for accounting, reporting, and reconciliation of trading activities
- Analyze trade data and prepare reports to inform decision-making and optimize trade performance
- Maintain up-to-date knowledge of market regulations, trading technologies, and financial products
- Participate in the development and maintenance of trading team procedures documentation
- Partner on technology solutions, maintain accurate documentation, and contribute to projects that optimize efficiency and mitigate risks
Requirements
- Minimum of 2 years of experience in the brokerage and/or financial advisory industries
- Bachelor’s degree in Finance, Accounting, Economics, or a related field is preferred
- Advanced degree or relevant certification (e.g., CFA, CPA) is a plus
- Solid understanding of derivative trading, fixed income products, cash management, and clearing processes
- Proficient in Excel and other Microsoft Office applications
- Strong grasp of accounting principles related to trading and financial transactions
- High degree of accuracy and attention to detail
- Ability to quickly identify issues, analyze data, and implement effective solutions
- Excellent verbal and written communication skills
- Proven ability to work collaboratively and drive process improvements
- Experience with trading platforms, order management systems (OMS), and post-trade processing (preferred)
- Familiarity with regulatory requirements related to trading activities (preferred)
- Comfortable working the stated schedule (11:00 AM – 7:00 PM Eastern Time)