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Financial Trader

2 months ago


Los Angeles, California, United States Lido Advisors, LLC Full time
Job Description

Lido Advisors, LLC, a leading wealth management firm, is seeking a skilled Financial Trader to leverage our diverse range of firm assets. We cater to various investment strategies and asset classes, working closely with our Sales team to provide tailored solutions based on client needs.

Key Responsibilities
  • Trade Execution: Assist and execute orders for fixed income, derivatives, equity, and exchange-traded options.
  • Administrative Support: Review and assist in the implementation of general and administrative issues relevant to the department.
  • Account Review: Review all activity for accuracy of account information.
  • Order Routing: Ensure correct ticket entry and order routing, maintaining communication with the operations team and resolving any settlement problems.
  • Trade Booking: Ensure all trades are booked to the front office position-keeping system on the day they are executed.
  • Report Reconciliation: Reconcile daily and/or monthly reports, as assigned.
  • Compliance Monitoring: Ensure compliance monitoring is in place, including processes for management of operational risk, in accordance with Lido Advisors' regulatory standards.
  • Trade Reconciliation: Work with Private Client Services to review and reconcile reports to ensure trades have been executed and booked correctly.
  • Market Analysis: Monitor market conditions and key indicators to measure the impact on price movements and volumes.
  • Liaison Role: Act as a liaison between the internal trading desk and supporting functions such as Investment Operations, Risk, and Compliance, and Technology to resolve issues that may arise.
  • Trade Execution: Execute trades within SEC/SRO guidelines and in accordance with the firm's best execution policies, under the supervision of senior staff.
  • Administrative Support: Assist in general administrative activity for the team.
Requirements
  • 2+ years of related work experience in the Asset Management or Financial Services Industry.
  • Proven project management skills required to assist the Chief Investment Officer and Head of Trading.
  • Series 63 or Series 65.
  • Must have experience as a Trader or Trading Assistant for equity and/or derivative-related products such as options, swaps, or other over-the-counter securities.
  • Strong communication skills required to provide market updates and make presentations to senior members within the Investment Management team.
  • Equity middle office and operations experience is a plus but not required.
  • Working knowledge of Excel (VBA, Pivot Tables, etc.), Python, or other coding skills are a plus.