Financial Trader

7 days ago


New York, New York, United States City National Bank Full time
Job Summary

We are seeking a highly skilled Financial Trader to join our team at City National Bank. As a key member of our Wealth Management Division, you will be responsible for executing trades accurately and efficiently, ensuring timely settlement and reconciliation.

Key Responsibilities
  • Administer all trade execution and direct trades to outside custodians, delegating large trades to outside brokers as necessary.
  • Inspect and verify any suspicious or erroneous orders.
  • Communicate fixed income allocations to outside bond brokers, ensuring trades are booked correctly on both sides.
  • Trade Reconciliation Review and reconcile reports to ensure trades have been executed and booked correctly.
  • Compliance reports: Compile and randomly check trades for best execution prices, review MSRB, CAT OATS, and TRACE reports for trades, and check trade confirms for accuracy.
Requirements
  • Bachelor's Degree or equivalent.
  • Minimum 3 years of experience with an investment management firm, hedge fund, or Broker Dealer.
  • Minimum 3 years of experience using Microsoft Office applications.
  • Series 7 and 55 or 57.
Preferred Qualifications
  • Series 63.
Compensation

Starting base salary: $79,055 - $126,276 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

About City National Bank

City National Bank is a leading financial institution committed to providing exceptional service and expertise to our clients. We are dedicated to fostering a culture of inclusion and equal opportunity employment, and we welcome applications from diverse candidates.


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