Trading Support Specialist

4 weeks ago


Newark, United States Raymond James Financial Services Full time

Description

Job Summary

Under direct supervision, uses basic level knowledge and skills obtained through experience and/or training to provide support in specific trading activities within Fixed Income Capital Markets. Follows established procedures to perform routine tasks and receives guidance and direction to perform other work with more variety and complexity requiring limited decision-making responsibility. Serves as a resource to traders and less experienced associates in resolving questions and problems. Regular contact with internal and external customers is required to obtain, clarify or provide facts and information. Day to day operations include supporting Raymond James sales and trading staff for municipal, taxable, and syndicate desks.

Essential Duties and Responsibilities

  • 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

  • Collaborates with the rest of the corporates and sovereigns trading team on risk reports, positions, and other daily tasks

  • Master firms’ technology systems

  • Complete daily operational reporting & controls; identify risk trends

  • Respond to all queries within current business day

  • Pro-actively identify and progress opportunities to enhance straight-through processing and improve efficiency in operations

  • Provide support to other middle office groups on all trade related queries

  • Receives and communicates orders to appropriate trading personnel.

  • Identifies and notifies traders of events that effect orders

  • Provides high level support to facilitate the price adjustment and trade correction process.

  • Assists in researching trade problems and suggests appropriate corrective action.

  • Contacts internal and external customers to resolve trading problems.

  • Updates and maintains trade data and information in required databases.

  • Accepts, screens and routes telephone calls and maintains record of inquiries, as required.

  • Operates standard office equipment and uses required software applications.

  • Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of

  • Industry regulations related to trading activities.

  • Concepts, practices and procedures of securities trading.

  • Basic accounting principles and procedures.

  • Mathematical procedures required to verify and reconcile trading transactions.

Skill in

  • Identifying financial events that effect orders

  • Reconciling and correcting transactions.

  • Updating and maintaining information systems.

  • Handling a high volume phone system.

  • Operating standard office equipment and using required software applications, sufficient to create documents, spreadsheets, and business correspondence.

  • Superior analytical and problem-solving skills

  • Self-motivated, energetic, and intellectually curious individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team

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 internal 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.

  • Maintain currency in trading policies and procedures.

Educational/Previous Experience Requirements

Education/Previous Experience

  • Bachelor’s Degree in Finance, Economics, or related field and one (1) year of experience in the financial services industry.

  • OR ~

  • Any equivalent combination of education, experience and/or training approved by Human Resources.

Licenses/Certifications

  • None required to being hired but will be expected in the first year.

Job: Trading

Primary Location: US-NJ-Newark-Jersey City

Organization Fixed Income

Schedule Full-time

Job Shift Day Job

Travel No

Req ID: 2303896


  • Trade Specialist

    1 week ago


    Newark, United States Hire Point Recruiting Full time

    About the job Trade Specialist Trade Specialist About Us: Our client is a prestigious law firm known for providing exceptional legal services in the field of international trade law. We are seeking a highly skilled and motivated Trade Specialist to join our dynamic team of legal professionals. If you have a deep understanding of trade regulations, customs...

  • Trade Specialist

    4 weeks ago


    Newark, United States Hire Point Recruiting Full time

    About the job Trade Specialist Trade SpecialistAbout Us: Our client is a prestigious law firm known for providing exceptional legal services in the field of international trade law. We are seeking a highly skilled and motivated Trade Specialist to join our dynamic team of legal professionals. If you have a deep understanding of trade regulations, customs...


  • Newark, United States JPMorgan Chase & Co. Full time

    The Onboarding Liaison Team supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. Job Responsibilities: Coordinate with front office, clients, and operat Specialist, Operations, Service, Retail, Banking


  • Newark, United States JPMorgan Chase & Co. Full time

    As an Onboarding Liaison in the Loan Trading Documentation team, you will Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests. The Onboarding Liaison Team supports the North America Credit Specialist, Operations, Service, Banking, Business Services, Onboarding


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** As a Securities Lending Trade Support Specialist, in Trading Services Operations, you will need to interact with our Counterparties to address pending / failing settlements, process buy-ins, and resolve instruction matching issues. You need to become familiar with the settlement conventions within the markets they support and will be...


  • Newark, United States JPMorgan Chase Bank, N.A. Full time

    Team oriented, with excellent analytical and critical thinking skills? This role supports the Loan Trading Documentation team, you will Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests. Job Summary: As a Trading Services Specialist IV within the Loan Trading Documentation team, you will play a...


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Team oriented, with excellent analytical and critical thinking skills? This role supports the Loan Trading Documentation team, you will Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests. **Job Summary**: **T**he Onboarding Liaison Team supports the North America Credit...


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Job Summary**: As an Onboarding Liaison in the Loan Trading Documentation team, you will Coordinate with front office, clients, and operations to identify and raise new counterparty onboarding requests. The Onboarding Liaison Team supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses...


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** As a Trade Lifecycle Specialist IV within our operations team, you will be responsible for checking product and account types, performing BAU transactional and non-transactional processing, understanding escalations and escalation/exception processing, and maintaining relationships with business, technology, and operations partners. You...


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Embark on an exciting career journey with JPMorgan Chase, a global leader in finance. Are you passionate about the intricate world of trading? Join our Trade Lifecycle team and be the driving force behind the flawless execution of all post trade activity. **Job Summary**: As an Analyst under Markets Operations, you will be the “Go...

  • Support Specialist

    1 month ago


    Newark, United States Michaels Stores Full time

    Support Specialist page is loaded **Support Specialist** **Support Specialist** locationsSecaucus-400 Mill Creek Dr time typePart time posted onPosted Yesterday job requisition idR00131336 Store - NWK-SECAUCUS, NJ**We're here for the Makers! Come be a part of the team where innovation and teamwork come together to support the most exciting missions in the...


  • Newark, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in the Trading Services team to partner with the Business to provide a comprehensive view of Understanding relevant derivatives and hedging products As a Trading Services...


  • Newark, United States Axelon Full time

    Business Support Specialist Newark, NJ 6 Months + •Daily use of SAP to review customer bill payment history. •Daily follow up on customer inquiries regarding their Energy Efficiency program On Bill Repayment OBR obligations and OBR exception reviews •Liaising with Residential program Implementation Contractor and their customer care vendor, Client's...


  • Newark, United States Axelon Full time

    Business Support Specialist Newark, NJ 6 Months + Location: Work Location is hybrid. We report one day per week in the Newark " Daily use of SAP to review customer bill payment history. " Daily follow up on customer inquiries regarding their Energy Efficiency program On Bill Repayment OBR obligations and OBR exception reviews " Liaising with Residential...


  • Newark, United States Axelon Full time

    Business Support Specialist Newark, NJ 6 Months + Location: Work Location is hybrid. We report one day per week in the Newark •Daily use of SAP to review customer bill payment history. •Daily follow up on customer inquiries regarding their Energy Efficiency program On Bill Repayment OBR obligations and OBR exception reviews •Liaising with...


  • Newark, United States Neotecra, Inc Full time

    Job Specific Qualifications Business Support Specialist (Day One Requirements): - BS/BA degree - 1+ years of relevant work experience: business/financial analysis experience - Strong analytical, organizational and communication skills; strong attention to detail - Demonstrated MS Access, Excel, PowerPoint and PC skills - Must foster an inclusive work...


  • Newark, United States Recovery Innovations Full time

    RI International is the leader in Peer-Powered Support to those in crisis for mental health and substance use. Our Mission is to empower people to recover, succeed in accomplishing their goals, find meaning and purpose in life, and reconnect with themselves and others. Our Vision is to activate the next generation of frame-breaking healthcare innovation to...


  • Newark, United States Recovery Innovations Full time

    RI International is the leader in Peer-Powered Support to those in crisis for mental health and substance use. Our Mission is to empower people to recover, succeed in accomplishing their goals, find meaning and purpose in life, and reconnect with themselves and others. Our Vision is to activate the next generation of frame-breaking healthcare innovation to...


  • Newark, United States Source One Technical Solutions Full time

    Source One Technical Solutions is seeking a Business Support Specialist with SAP and PowerBI skills to support energy efficiency programs with a major utilities company hybrid (mostly remote/1day in office) to Newark, NJ.No available sponsorships or C2C.Job Title Business Support Specialist (Contractor)The contract duration is 7-12 months with a likely...


  • Newark, United States Source One Technical Solutions Full time

    Source One Technical Solutions is seeking a Business Support Specialist with SAP and PowerBI skills to support energy efficiency programs with a major utilities company hybrid (mostly remote/1day in office) to Newark, NJ.No available sponsorships or C2C.Job Title Business Support Specialist (Contractor)The contract duration is 7-12 months with a likely...