Assistant Risk Trader

Stifel; New York (NY); On-site; USD 71,000 - 107,000; Full time

Job summary

An established industry player is seeking a Structured Investments Desk Assistant Risk Trader to join a dynamic team. This role involves supporting trading functions, assisting with product origination, and ensuring compliance with industry regulations. You'll collaborate with financial advisors, manage transaction records, and utilize your analytical skills to streamline operations. If you thrive in a fast-paced environment and have a passion for the financial sector, this is an exciting opportunity to contribute to a company that values innovation and client success. Join a firm that offers a comprehensive benefits package and a supportive culture where your contributions are recognized.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Tuition Assistance

Discretionary Bonuses

Flexible Spending Accounts

Wellness Initiatives

Life Insurance

Qualifications

• 0-3 years of experience in financial services industry required.
• Strong technical skills with experience in VBA, SQL, and Python.

Responsibilities

• Assist in product origination and trading responsibilities.
• Maintain transaction records and update marketing materials.

Skills

Attention to Detail

Problem Solving

Communication Skills

Proficiency in Microsoft Excel

Knowledge of Financial Industry

Experience with Equity Options

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Business

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Bloomberg

VBA

SQL

Python

MarketAxes

TradeWeb/BondDesk

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing

The Structured Investments Desk Assistant Risk Trader will work closely with the Structured Investments Product Desk by supporting and facilitating origination, trading and product support functions.

What We're Looking For

• Assist in product origination efforts by working with issuing counterparties on pricing and origination of calendar and custom structured offerings.
• Act as a backup trader to assist with trading responsibilities and secondary market execution in order to provide liquidity for investors, as needed.
• Reconciling deal terms and trade information, setting up offerings in the system, updating offerings sheets and internal database with deal records, working on ad hoc queries with operations, compliance, legal and other infrastructure partners.
• Assist in communications with financial advisors, helping with product education, trade related inquiries and ad hoc requests.
• Abide by all the Policies and Procedures of Stifel and should be completely aware of and in compliance with all FINRA, TRACE, SEC, and state and federal laws as they relate to the securities industry and the products they work in.
• Assist in maintaining transactions records, work with internal partners to update/develop marketing materials, consistent with current regulations.

What You'll Bring

• Strong level of detail is required in framework of working with complex instruments and time sensitive transactions.
• Some understanding and experience with equity options and knowledge of financial industry and capital markets.
• Proven experience coordinating and completing assigned tasks, independently, accurately and on a timely basis.
• Results oriented individual, with a proactive and creative approach to problem solving.
• Strong verbal and written communications skills, team oriented approach.
• Proficient in Microsoft Excel, Word, PowerPoint, Outlook, Bloomberg.
• Preferred familiarity with trading platforms - MarketAxes, TradeWeb/BondDesk, IPREO.

Education & Experience

• Minimum Required: Bachelor’s degree in Finance, Economics, or Business related or equivalent combination of education and experience.
• Minimum Required: 0-3 years of experience in the financial services industry.

Licenses & Credentials

• Minimum Required: Obtain series 7 and 63 licenses within 3-6 months of start date.

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook.
• Strong technical skills with experience in VBA, SQL, Python, and task streamlining tools to support data-driven sales processes.

Compensation Range

Salary: USD $71,300.00/Yr. - USD $107,000.00/Yr. Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more!

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.