Trade Specialist

4 weeks ago


New York, New York, United States City National Bank Full time
Trade Specialist

At City National Bank, we're seeking a skilled Trade Specialist to join our team. As a Trade Specialist, you will be responsible for ensuring the accurate execution of equity, mutual fund, and ETF trades at Pershing and other outside custodians. Your attention to detail and ability to work under pressure will be essential in meeting deadlines and maintaining high-quality results.

Key Responsibilities:
  • Administer trade execution and direct trades to outside custodians
  • Delegate large trades to outside brokers and follow up as necessary
  • Inspect and verify suspicious or erroneous orders
  • Communicate fixed income allocations to outside bond brokers
  • 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
  • Check trade confirms for accuracy

Requirements:
  • Bachelor's Degree or equivalent
  • Minimum 3 years' 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
  • Series 63, preferred

Compensation:
Starting base salary: $71,869 - $114,797 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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