Junior Equity Sales Trader

7 days ago

New York, United States Tardis Group Full time

Junior Equity Sales Trader


We are searching for a polished Junior Sales Trader to join our growing NYC team. This role will assist the derivatives sales and trading team and will play a crucial role in supporting our Concierge Desk and electronic Equity Options ATS trading platform. The Junior Sales Trader role will ensure smooth execution and settlement of trades and provide exceptional client service. This role will work in our NYC office located in the financial district and will report to the Sales Manager.


WHAT YOU WILL DO

  • Assist NY Sales and Trading team with order handling and execution of client equity orders.
  • Work closely with our sales teams to support overall client coverage both on our ATS and NY Concierge Desk with multiple Client Access points.
  • Establish strong relationships with current and prospective clients.
  • Manage order flow across multiple execution paths both high and low-touch.
  • Support the ATS Trouble Desk – Middle office concentrating on Customer Breaks, Affirmation, and Settlement issues on a timely basis in both US Stock and Options.
  • Facilitate client ATS training, feedback, and routing orders.
  • Reconciling trade flow from initiation through clearing, including internal components and back to the fully disclosed clearing banks and brokers.
  • Perform triage and escalate technical issues to appropriate teams.
  • Act as a liaison between Trading and SpiderRock’s operations, quality assurance, and development teams.
  • Investigate and address settlement and trading failures to minimize all market and operational risk.


WHAT WE ARE LOOKING FOR

  • Bachelor degree in finance, economics, business, math, or equivalent professional work experience
  • 1-5 years' experience in the financial services industry, preferably in derivatives trading or middle office role
  • Deep knowledge of options and listed equity derivatives
  • Understanding of US listed Equity Options Market structure, exchange clearing, and settlement process
  • Series 7, 63, and 57 are required or expected to attain within 6 months of hiring
  • Experience of Microsoft applications (Word, Excel, PowerPoint)
  • Demonstrable experience with sales and trading tools (i.e. Bloomberg) and other communication tools (i.e. Ice Chat), Order Management and Trading Systems (i.e. Trafix OMS)
  • Strong work ethic and attention to detail
  • Independent project and time management
  • Professional, motivated attitude
  • Strong interpersonal skills


WHAT TO EXPECT

  • Highly competitive pay, benefits, and bonus structure
  • Health insurance (medical, dental, vision)
  • Voluntary ancillary plans (Life & AD&D, Short-Term Disability, Long-Term Disability, Critical Accident and Critical Illness
  • Discounted pet insurance
  • Progressive time off benefits (unlimited PTO, maternity leave, paternal leave)
  • Wellness programs
  • Zen Den for meditation, naps, nursing, or just to decompress
  • Hybrid work schedule after completing six (6) months in-office 5 days a week
  • Work with high-caliber and innovative professionals
  • Access to unlimited snacks and beverages in our lounge area
  • Monthly, quarterly, and semi-annual company sponsored events
  • 401(k) Safe Harbor Plan and Match
  • Onsite gym membership
  • Divvy bike access
  • A fun and collaborative environment

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