Assistant Risk Trader

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

Job summary

An established industry player is seeking an Assistant Risk Trader to join their Structured Investments Desk. In this dynamic role, you will support trading functions, assist in product origination, and ensure compliance with industry regulations. The ideal candidate will have a strong attention to detail, a foundational understanding of equity options, and excellent communication skills. This position offers a unique opportunity to grow within a global wealth management firm known for its commitment to innovation and client success. If you're results-oriented and eager to contribute to a collaborative team, this role is perfect for you.

Benefits

Bonuses

Insurance

Wellness Programs

Tuition Assistance

Paid Time Off

Qualifications

• Strong attention to detail and ability to work with complex instruments.
• Proven ability to complete tasks independently and timely.

Responsibilities

• Assist in product origination and trading responsibilities.
• Maintain transaction records and assist with product education.

Skills

Attention to Detail

Understanding of Equity Options

Communication Skills

Problem Solving

Proactive Approach

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

VBA

SQL

Python

MarketAxes

TradeWeb/BondDesk

IPREO

Job description

Join to apply for the Assistant Risk Trader role at Stifel Financial Corp.

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.

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 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 Policies and Procedures of Stifel and ensure compliance with all FINRA, TRACE, SEC, and federal laws related to securities industry and products.
• Assist in maintaining transaction records, work with internal partners to update/develop marketing materials, in line with current regulations.

What You'll Bring

• Strong attention to detail in working with complex instruments and time-sensitive transactions.
• Some understanding and experience with equity options and knowledge of financial industry and capital markets.
• Proven ability to coordinate and complete tasks independently, accurately, and timely.
• Results-oriented individual with a proactive and creative approach to problem solving.
• Strong verbal and written communication skills, team-oriented approach.
• Proficient in Microsoft Excel, Word, PowerPoint, Outlook.
• Preferred familiarity with trading platforms such as MarketAxes, TradeWeb/BondDesk, IPREO.

Education & Experience

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

Licenses & Credentials

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

Systems & Technology

• Proficient in Microsoft Office Suite; strong technical skills with VBA, SQL, Python, and data support tools are preferred.

Compensation Range

Salary: USD $71,300 - USD $107,000 per year. Actual salaries vary based on qualifications, skills, and competencies. Benefits include bonuses, insurance, wellness programs, tuition & certification assistance, paid time off, and more. For details, visit Stifel Benefits.

About Stifel

With over 130 years of history, Stifel is a global wealth management and investment banking firm committed to innovation. Headquartered in St. Louis with offices worldwide, we employ approximately 9,000 professionals dedicated to client success. We offer an entrepreneurial environment and comprehensive benefits. We are an Equal Opportunity Employer.