Electronic Trader - New York City Job Listing at Stifel in New York, NY (Job ID cb639e9c-3b67-45dc-bd0c-59efd828f65f)

Description

SUMMARY

Under general supervision of the direction of the Manager of Portfolio and Electronic Trading Desk, the Electronic Trader will focus on the real-time, daily coverage and support of algorithmic trading clients and their orders.  Primary responsibilities will include monitoring the trading system in real-time for performance and platform integrity, assisting clients with their selection and usage of algorithms, reviewing and assessing performance of execution algorithms, and developing relationships with internal and external traders. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Develop a strong knowledge of equity trading algorithms and systems.
• Provide first line support to all algorithmic trading including during extended hours trading.
• Communicate performance outliers, product changes, and potential algo issues with internal and external clients on a daily basis.
• Perform ongoing execution analysis and apply that in a client service capacity to assist clients with optimal use of algorithms.

$91,000 to $139,000 base salary

QUALIFICATIONS

• Knowledge of equity markets and trade processing.
• Ability to multi-task effectively in a fast-paced, high-stress environment.
• Ability to follow a technical, “data driven” approach as part of day-to-day duties.
• Ability to network and quickly develop working relationships with internal stakeholders and external clients.
• Ability to understand technical concepts and quickly gain proficiency.
• Strong teamwork, written and verbal communication skills.

SYSTEMS AND TECHNOLOGY

• Fidessa Order Management System
• Microsoft Excel

EDUCATION AND/OR EXPERIENCE

• Minimum Required: BS or BA.
• Minimum Required: 5+ years trading or supporting US equity trading desk.

LICENSES

• Series 7