Job Description

Job Description

Job Description

Electronic Sales Trader

• Large Institutional Broker
• NYC – Downtown
• $175-$225K base +bonus
• Onsite 5 days

Please read - The hiring manager requires candidates with significant low-touch, algorithmic experience. Please do not apply if you have less than 4 years. Thank you kindly.

Job Summary:

Large institutional broker seeking an Electronic Sales Trader with strong expertise in Equities Markets. Must have sell side experience, executing orders for institutional clients. Must have experience with block trades, program trading and algorithmic trading and other electronic methods. In this role you will:

1) cover equity algo order flow across US primarily focused on single-stock equities and ETFs

2) communicate trading strategies encompassing core offering

3) Perform real-time monitoring of algo orders for clients and provide a best-in-class customer service experience (market color, benchmark selection, etc.) and complete account management.

Must Have:

• Target exp level: 3-7 years as sell-side trader (candidates beyond 7 yrs will not be considered)
• Strong expertise in Equities including block trades, program trading and algorithmic trading.
• Minimum of 4 yrs experience in low-touch trading

Job Description:

As an Electronic Sales Trader you will be important member of our Low Touch & Algo Desk in the Americas aspiring to leverage you markets and trading experience to provide exceptional client services that drives revenue and incremental client breadth in one of our fastest growing product segments.

Role Responsibilities

• Responsible for meeting trading revenue targets for the electronic desk and working with other teams, regions, and product lines in an effort for them to grow and meet their goals.
• Work with the team to cover equity algo order flow across US primarily focused on single-stock equities and ETFs.
• Communicate trading strategies encompassing core offering.
• Perform real-time monitoring of algo orders for clients and provide a best-in-class customer service experience (market color, benchmark selection, etc.) and complete account management.
• Analyze pre-trade and communicate post-trade reports.
• Proactively identify and leverage intraday opportunities to sell, reinforce and retrain on our products and services.
• Prospect and convert new clients to LN platform.
• Leverage our resources to grow business and cross-sell our product lines.
• Contribute to driving, marketing and selling our platform regionally and globally.
• Collaborate with RM team to formulate wallet share maximization strategy.
• Develop and drive account plans in alignment with business OKR’s and KPI’s leading periodic reviews to monitor performance.
• Partner with team members to develop and execute coverage back up plan.
• Forge Strong Relationships/Teamwork.
• Understand algorithmic offering, consult with member community on behaviors and performance, and drive innovation internally with quantitative team.
• Effectively communicate with Member Services and Trade Support on the proper management and resolution of any trade situations.

Requirements:

• 3-7 years of sell-side experience as an Equity Trader or Sales Trader, with substantial expertise in covering clients executing equity orders through block trades, program trading, algorithms, and other electronic methods (algorithmic trading experience preferred).
• Strong track record of selling to institutional customers to meet business objectives and revenue goals
• Experience with quantitative trading strategies, pre-and post-trade analytics, including TCA
• Strong understanding of market structure and regulation
• Superior communication skills, self-motivated and responsible
• Excellent analytical skills and the ability to problem solve
• Strong communication and presentation skills

Desired

• Multi-task oriented, high capacity qualitative and quantitative thinker with exceptional knowledge of US equity market function.
• Comprehensive knowledge of buy-side and sell-side trading techniques and order flow. In-depth understanding of markets, venues (dark and lit), ems/oms, SOR’s wheels, service bureaus, ATS, exchanges and the technologies that drive and differentiate them.
• Knowledge of market microstructure and current regulatory landscape with an ability to anticipate changes that may affect business in the region in which we operate.
• Demonstrated capacity for collaborating with business segment leaders, product development teams, marketing, technology, compliance, and operations across region.
• Professional writing and presentation skills
• BS, BA preferred
• High energy and drive with a commitment to delivering and ensuring excellence
• Seniority Level
  Mid-Senior level
• Industry
• • Financial Services
• Employment Type
  Full-time
• Job Functions
• • Sales
• Skills
• • Block Trading
  • Equities
  • Sell Side
  • Algorithmic Trading
  • Program Trading
  • Trading
  • TCA
  • Institutional Investments
  • Trading Strategies

Job Tags

Similar Jobs