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Junior Support Trading
2 months ago
WallachBeth Capital is a leading provider of institutional execution services, offering our clients a full spectrum of solutions to help them navigate increasingly complex markets.
We are seeking aJunior Support Trading / Operations Associate to join our equity / derivatives execution and operations team in our Boca Raton Florida office. This role will handle full lifecycle trade support with emphasis on trade settlements, reconciliations, confirmations etc... As a member of a small team, you will work on various projects, process automation and more. Under direct supervision, this role requires use of basic level knowledge and skills obtained through experience and/or training to provide support in specific trading activities within our trading and operations team. This person will follow established procedures to perform routine tasks while receiving guidance and direction to perform other work with more variety and complexity with limited decision-making responsibility. Thie role will also serve as a resource to traders in resolving questions and problems.
Essential Duties and Responsibilities
- Book trades properly on the execution desk
- Perform timely and accurate recording and settlement of trades; resolve any trade discrepancies.
- Escalates new or unusual issues to a higher level.
- Ensure all trades are confirmed on trade date.
- Master firms’ technology systems
- Complete daily operational reporting & controls
- Respond to all queries within current business day.
- Proactively identify and progress opportunities to enhance and improve efficiency in operations.
- Assists in researching trade problems and suggests appropriate corrective action.
- Resolve trade issues.
- Updates and maintains trade data and information in required databases.
- Operate and use required software applications.
Performs other duties and responsibilities as assigned.
Ability to
- Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
- Ability to spot arising opportunities and the assertiveness to seize them.
- Read, interpret, and apply transaction information.
- Analyze and solve problems.
- The ability to clearly articulate issues and influence resolution
- Communicate effectively, both orally and in writing with associates, and external customers.
- Work independently as well as collaboratively within a team environment.
- Handle stressful situations and provide a high level of customer service in a calm and professional manner.
- Must be proficient working with all aspects of Excel.
Education/Previous Experience
- Bachelor’s degree in finance, Economics, or related field
- 2 + years of experience in the financial services industry.
- Series 7 and 63 desired.