Options Trading Associate Job Listing at Stifel in New York, NY (Job ID 922493e5-f235-46ab-9d80-36c8d61f868b)

Description

The Options Trading Associate will assist the Options Trading desk with day-to-day operations in support of goals and objectives and will work closely with the Options Trading/Sales team.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assists the Options Desk with processing daily trade executions.
• Performs trade settlement reconciliation daily and notifies management of any discrepancies.
• Will handle correcting any trade breaks and ensure databases have been updated to reflect the correction.
• Maintains trade databases and will prepare reports and analyses as requested.
• Forward billing details to the back office for each trade executed at EOD.
• E-mail confirmation statements to the clients each morning for the previous day's trades.
• Reviews all vendor bills for accuracy and works with the Equity Commissions Managment team to ensure timely billing and vendor payments are completed.
• Will work on various projects as assigned by management.

$70,000 to $90,000 base salary

QUALIFICATIONS

• General knowledge of FINRA and trading regulations, with preference given to Options and listed Equity Derivatives.
• Strong understanding, knowledge, and experience within the financial services industry.
• Ability to effectively communicate information to all levels of staff and management.
• Ability to ensure necessary and relevant information is passed on to others promptly.
• Skilled at developing, maintaining, and strengthening internal and external partnerships.
• Detail oriented.
• Able to perform in a fast-paced working environment.
• Interest in financial markets.

EDUCATION AND EXPERIENCE

• Minimum required: Bachelor's degree in finance, economics, business or equivalent.
• Minimum required: 2+ years of industry-related experience, preferably in Options Trading.

LICENSES AND CREDENTIALS

• Minimum required: none.
• FINRA Series 7 and 63 are preferred.

SYSTEMS AND TECHNOLOGY

• Experience with Microsoft Excel, Work, and PowerPoint.
• Experience with trading platforms such as Bloomberg and Fidessa.