Tuesday, May 17, 2011

Trader - SMA Assistant Trader ($22-30 / hour)

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Our client, an integrated asset management enterprise, is currently looking for a Junior Trader which focuses on the administration of equity and fixed income trading operations for the SMA Department.

The responsibilities include, but are not limited to:
Review and approve new accounts in the appropriate systems along with any client restrictions.
Review and resolve discrepancies between orders and execution.
Rebalance Managed Accounts for assigned sponsors.
Trade on four different trading systems including APL, GIMII, Port, GeoTrader.
Generate, coordinate and execute proposed trades. Verify trade execution and allocation.
Prepare and electronically distribute various control reports.
Prepare and distribute step out trade allocations to sponsors.
Reconcile allocations throughout all sponsor platforms.
Handle ad hoc requests for portfolio managers and sales associates.
Assist senior traders in various aspects of the trading process.

Requirements

Minimum Qualifications

Undergraduate degree in Accounting, Finance, or Business Management.
Proficiency with Microsoft Excel.
Advanced computer skills

Preferred Skills

Work experience in the financial service industry, preferably on a trade desk, experience in reconciliation or settlement processing will be considered.
Attention to detail.
Ability to multi-task.
Excellent problem solving and time management skills.
Ability to work independently

Apply for Job Here

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