Assistant Risk Trader

Stifel Financial; New York (NY); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Structured Investments Desk Assistant Risk Trader to support origination, trading, and product functions. This role involves assisting with pricing, trade execution, and ensuring compliance with regulations. The ideal candidate will have a strong attention to detail, a proactive approach to problem-solving, and proficiency in financial tools. Join a dynamic team at a firm that values innovation and offers a comprehensive benefits package, including health care and 401k. If you're looking to build a successful career in finance, this opportunity is perfect for you.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Wellness Initiatives

Life Insurance

Qualifications

• Strong attention to detail required for complex instruments and transactions.
• Experience in financial services and understanding of equity options preferred.

Responsibilities

• Assist in product origination and trading responsibilities.
• Reconcile deal terms and maintain transaction records.

Skills

Attention to Detail

Problem Solving

Communication Skills

Teamwork

Understanding of Equity Options

Proficiency in Microsoft Excel

Proficiency in Microsoft Word

Proficiency in Microsoft PowerPoint

Proficiency in Microsoft Outlook

Proficiency in Bloomberg

Education

Bachelor's degree in Finance

Bachelor's degree in Economics

Bachelor's degree in Business

Tools

VBA

SQL

Python

MarketAxes

TradeWeb/BondDesk

IPREO

Job description

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 transaction.
• 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, and 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.

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

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.