Posted in

VP – Inst Equity Principal Trader

VP – Inst Equity Principal Trader

CompanyRaymond James Financial
LocationNew York, NY, USA
Salary$175000 – $250000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Advanced concepts, practices, and procedures of institutional trading & sales trading
  • Financial markets, products, and electronic networks
  • Fundamental and technical trading strategies and analysis
  • Building relationships, both internally and externally
  • Operating standard trading software applications, including automated trading systems and proficiency with Bloomberg, Reuters and Microsoft Excel
  • Using technical/professional knowledge, interpersonal and sales skills to obtain customers’ commitment to ideas, services, or products
  • Monitor and understand market conditions to make logical trading decisions
  • Collaborate with research, sales and other trading teams to deliver market insights to clients
  • Handle stressful situations and provide a high level of customer service in a calm and professional manner
  • Work independently as well as collaboratively within a team environment
  • Organize, manage, and track multiple detailed tasks and assignments with critical deadlines in a fast paced, stressful work environment with frequent interruptions and changing priorities
  • Communicate effectively and professionally, both orally and in writing with internal and external clients and customers
  • Bachelor’s Degree (B.A. or B.S.) in Business, Finance, Accounting or related field and a minimum of three (2) to five (5) years of trading experience, including coverage of US domestic institutions
  • SIE required provided that an exemption or grandfathering cannot be applied
  • FINRA Series 7, Series 55/57 and Series 63 Licenses. The ability to obtain other FINRA Licenses (as required) within three months of hire date

Responsibilities

  • Execute equity trades for institutional clients with a goal of achieving best execution
  • Curate and disseminate market insights and trading strategies to clients
  • Monitor market conditions and trends to make informed trading decisions
  • Develop and maintain relationships with institutional clients
  • Troubleshoots operational and administrative issues
  • Comply with all existing security regulations
  • Responsible for dynamic risk management

Preferred Qualifications

    No preferred qualifications provided.