Equity Trader

Russell Investments Group, LLC; City of Westminster; On-site; GBP 90,000 - 130,000; Full time

Job summary

Russell Investments Group, LLC is seeking an experienced trader for EMEA and international equity transactions. You will execute a wide range of strategies, support best execution through pre-trade and post-trade analysis, and collaborate with Investment Managers and clients to drive reliable outcomes.

The role involves interfacing with trading systems, risk procedures, and global revenue goals, while contributing to product development and market practices within a leading investment platform.

Qualifications

• Bachelor's degree in finance or a related area is required.
• Postgraduate qualification is preferred.
• General Securities Licences are required; CFA certification is preferred.
• Expected to study and receive SIE and Series 7, 55, 66 licenses.
• Previous equity/fixed income trading experience in brokerage/trading is desirable.
• Proficiency with securities-related applications, including OMS, trade order management systems, trading platforms and FIX connectivity.

Responsibilities

• Internal Relationship Management: communicate effectively with clients and colleagues to support efficient delivery and outcomes.
• Trade Execution & Best Execution: execute program and single-stock equity transactions with pre-trade and post-trade analysis.
• Trading Systems & Operational Scale: interface with OMS and trade platforms; support straight-through processing and scale.
• Global Trading, Revenue & Client Retention: support Russell Trading globally and align with revenue and client-retention goals.
• Strategy & Product Development: participate in strategic discussions and contribute product ideas.
• Risk Management & Best Practices: implement best-practice procedures and ensure compliance with guidelines.
• Regulatory & Business conduct: execute transactions and maintain high-quality execution procedures.

Skills

Communication

Client relationship management

Problem solving

Attention to detail

Education

Bachelor's degree in finance or related area

Postgraduate qualification preferred

General Securities Licences required

CFA certification preferred

SIE and Series 7, 55, 66 licenses expected

Tools

Portfolio OMS

Trade order management systems

FIX connectivity

Job description

Responsible for executing orders and trading in EMEA for established clients, while developing and supporting new client relationships across investment management firms, plan sponsors and other financial intermediaries. The role executes EMEA and international equity transactions for Investment Managers, Transition Events and Execution Services clients; implements advanced trading strategies in line with Russell's best execution guidelines; and operates with a high degree of autonomy in support of global execution and trading. It also contributes to the continued development of best execution through pre-trade and post-trade analysis, trading systems, execution venues and the overall product offering to clients. The responsibilities of the individual in this position include:

Internal Relationship Management

• Communicate effectively with Investment Managers, Portfolio Managers, clients, Russell Implementation Services, external Investment Managers, market participants and client-service colleagues to support efficient delivery and strong client outcomes.

Trade Execution & Best Execution

• Execute program and/or single-stock equity transactions and contribute to the continued development of best execution through demonstrable pre-trade and post-trade analysis and effective use of execution venues.
• Act as a member of the EMEA trading team executing a broad array of trading strategies, from global trading mandates to more focused mandates. Key to this will be familiarity with algorithmic trading and execution, Direct to Market execution, etc.

Trading Systems & Operational Scale

• Interface with Portfolio Accounting Systems and Order Management Systems and operate advanced trade order management systems and market-facing execution platforms.
• Create informational efficiencies around straight-through-processing requirements and develop practices that support operational and trading scale.

Global Trading, Revenue & Client Retention

• Support Russell Trading globally, including revenue and client-retention objectives, quarterly objectives and resource planning.
• Work effectively with client relationship management, customer service coordinators and administrative support to deliver agreed objectives.

Strategy & Product Development

• Participate in Russell Trading strategic discussions and planning
• Contribute product-development ideas and take an active role in marketplace and promotional marketing activity.

Risk Management & Best Practices

• Interact with numerous clients, investment managers/portfolio managers and execute program and/or single line transactions, specifically focused in the equity trading markets.
• Continue to learn and implement the established best practice procedures to ensure trading strategies conform to Russell's best execution guidelines.
• Interface with various systems and operate multiple market facing execution technologies.

Regulatory & Business conduct

• Execute EMEA and international equity transactions and implement advanced trading strategies in line with Russell's best execution guidelines.
• Establish and maintain best-practice procedures supporting consistent, high-quality execution.

The successful candidate will have extensive demonstrable skills and experiences including the following:

• Bachelor's degree in finance or a related area.
• Postgraduate qualification preferred.
• General Securities Licences required; trading licences preferred; CFA certification preferred.
• Expected to study and receive SIE and Series 7, 55, 66 licenses.
• Previous equity/fixed income trading experience in the brokerage/trading industry.
• Proficiency with securities-related applications, including portfolio OMS, trade order management systems, trading platforms and FIX connectivity.