Saturday, October 23, 2010

Brokerage Trader

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At M&T, we understand what’s important when you’re considering a career change: a company with a solid history of responsible growth and positive earnings. A company committed to the communities it serves. One that rewards performance and provides employees with opportunities to direct their own career paths. A company with a focus on the future.

Basic Function: Brokerage Trader

Responsible for executing customer-directed securities purchase and sale transactions, while retaining and enhancing customer relationships.

This position is critical to fulfill the daily business requirements of clients of M&T Securities. It provides entry and execution of time sensitive securities transactions initiated by the client, while also providing the client with up-to-the minute accurate securities market information. The incumbent is also responsible for identifying critical situations to eliminate unneeded exposure to market losses.

Responsibilities:

* Function in varying capacities as customer flows dictate, including the execution of Brokerage securities trades for customers and M&T Securities Financial Consultants. Handle ESOP transactions for M&T employees and other companies.
* Apprise customers of current market conditions, newsworthy information and inform them of up-to-the-minute quotes.
* Understand and communicate status of customer accounts, outstanding orders and report any trade executions in a timely manner.
* Solicit new customers for investment banking business. Cross-sell other investment products and services.
* Analyze customer situation determining best sales and product approach.
* Assist customers with completion of documentation and answer any questions or concerns.
* Provide quality customer service to retain and enhance customer relationships.
* Facilitate profitable customer relationships through quality customer service, customer profiling and customer education regarding product features, benefits and requirements.
* Recognize critical situations and prioritize job functions as assigned by management.
* Understand specific types of accounts, their characteristics and be able to offer such accounts to qualified customers.

Minimum Qualifications Required:

* Bachelors Degree or equivalent work experience
* FINRA Series 7 and 63
* Series 24 required within first 12 months
* Minimum three years' experience in the securities industry, preferably in the equities markets.
* Proficient computer skills (word processing, spread sheets, etc,)
* Strong telephonic customer service skills.
* Understanding of financial markets, individual securities and packaged products.
* Ability to change priorities quickly when market conditions dictate.
* Ability to grasp complicated products and/or customer issues and communicate appropriate responses.
* Ability to work effectively as a member of a highly specialized team.

As one of the best performing banks in the country, M&T continues to grow, offering ongoing value to our shareholders and opportunity to our employees. Join our team and you’ll understand what has kept us strong for more than 150 years: stability with a forward focus, a strong history of community support, and a dedication to being the best employer you'll ever work for.

Apply for Job Here

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