Executes and services equity, options, FX, and mutual fund trades for domestic and international accounts. Manages margin calls, buy-ins, DKs, confirmations, best execution reporting, and other pre- and post-market operations. Communicates with clients, supports trading and operations teams, and ensures compliance with broker-dealer regulations while maintaining accurate and efficient trade workflows.
About the Company:
A small midtown NYC broker-dealer, registered with the SEC and a member of FINRA and SIPC, clears transactions and custodies client assets through Pershing LLC, a Bank of New York Mellon Corporation, the world’s leading provider of clearing solutions. Through our experienced financial service professionals, coupled with our relationship with Pershing, we are able to bring a broad range of solutions to our clients including: Prime Brokerage Services, Chaperoning Services - 15a-6, Asset Management Support, Clear-through Services, Institutional Sales, Institutional Equity Trading for Major Institutions, Institutional Municipal Bond Trading, Trade Execution Services, Structured Products, Business Consulting, Managed Account Solutions, Wealth Management Solutions, Retirement Planning Solutions, Alternative Investment Solutions, Introducer Services, Capital Markets, Investment Banking, Lending Solutions and Pre-IPO Transactions.
About the Role:
About the Role:
The Operations & Trading Associate will play a key role on a midtown NYC broker-dealer trading desk, supporting both trading activity and overall desk operations. This position involves executing and servicing trades across multiple asset classes—Equities, Options, FX, and Mutual Funds—while ensuring smooth trade flow, compliance with regulatory requirements, and a high standard of client service.
Key Responsibilities
- Execute and service trades for the firm’s domestic and international accounts, including Equities, Options, FX, and Mutual Funds, using Bloomberg EMSX.
- Manage pre- and post-market operational tasks, including margin calls, Buy-ins, DKs, and trade confirmations.
- Prepare and distribute Best Execution reports on a weekly and monthly basis.
- Ensure timely and accurate communication with clients regarding trade activity and operational matters.
- Collaborate with trading and operations teams to maintain smooth workflow and compliance with regulatory requirements.
- Support the trading desk with ad hoc operational or administrative tasks as needed.
Skills, Knowledge and Expertise
- Required licenses: Series 7, Series 63, and Series 57.
- 2+ years of experience in trading, operations, or a financial services environment.
- Familiarity with trading platforms, preferably Bloomberg EMSX, and execution of Equities, Options, FX, and Mutual Funds.
- Understanding of operational processes including margin calls, trade confirmations, Buy-ins, DKs, and Best Execution reporting.
- Strong attention to detail, organization, and ability to manage multiple priorities in a fast-paced trading environment.
- Basic understanding of regulatory and compliance requirements in broker-dealer operations.
- Proactive and quick learner, able to adapt to evolving processes and responsibilities.
- Ability to collaborate effectively with traders, operations staff, and clients.
Core Competencies:
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives
Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
Nimble Learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder
Situational Adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations
About
We specialize in delivering innovative solutions and exceptional services to meet the diverse needs of our clients. With a strong commitment to quality and customer satisfaction, we strive to exceed expectations and drive success in every project we undertake.
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