A financial institution in New York City is looking to fill an immediate need with the addition of a new Trading Assistant to their team to support an ETF desk.
Responsibilities:
The Trading Assistant will:
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Assist the Traders with executing trades in various financial instruments such as equities, bonds, derivatives, and currencies
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Monitor and manage trade settlements, ensuring all trades are accurately processed and settled in a timely manner
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Handle trade confirmations, reconciliations, and resolve discrepancies
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Conduct research and provide analysis on market trends, economic data, and financial news to support trading decisions
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Prepare daily, weekly, and monthly reports on market activities and trading performance
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Monitor and report on trading positions and risks, ensuring compliance with risk management policies
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Assist in the development and implementation of risk management strategies
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Ensure all trading activities comply with regulatory requirements and internal policies
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Assist in preparing documentation for regulatory reporting and audits
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Perform other duties, as needed
Qualifications:
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1+ year of experience in Trade Support and/or similar role
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Bachelor's degree in Finance, Economics, Business Administration, or a related field
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Experience with Domestic ETF block desks
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Familiarity with Financial Markets & Instruments
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Proficiency in trading platforms and software (e.g., Bloomberg, Reuters, FIX Protocol).
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Experience in Data Analysis tools (e.g., Excel, VBA, SQL)
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Great interpersonal skills
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Excellent communication skills (written and verbal)
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Strong attention to detail
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Highly organized
Desired Skills:
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Advanced Degree or relevant certifications (e.g., CFA, Series 7 & 63)
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Solid understanding of Financial regulations and Compliance requirements affecting Trading activities
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Knowledge of the Regulatory environment in the U.S. Financial Markets