Associate, Equity Assistant Trader & Administrator

Actus Consulting Group, Inc.; New York (NY); Hybrid; USD 80,000 - 90,000; Full time

Job summary

An innovative asset management company is seeking an Associate, Equity Assistant Trader & Administrator to join their dynamic team. This role involves managing trade execution, performance measurement, and database management while collaborating with various departments. The ideal candidate will have a strong background in financial services, particularly in trading environments, and possess excellent analytical and interpersonal skills. With a competitive salary and a generous benefits package, this position offers a unique opportunity to contribute to a forward-thinking firm in the heart of Manhattan. If you are detail-oriented and passionate about finance, this role is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Match

Life Insurance

Disability Insurance

Paid Parental Leave

Tuition Reimbursement

Paid Holidays

Flexible Work Arrangements

Qualifications

• 3-4 years in financial services with 1-2 years in trading.
• Strong command of MS Office and advanced Excel skills.

Responsibilities

• Manage trade execution and performance measurement for the Equity team.
• Collaborate with various teams to ensure accurate trading activity.

Skills

Financial Analysis

Risk Management

Problem Solving

Interpersonal Skills

Detail Orientation

Education

Bachelor's degree in Finance or Economics

Tools

MS Office

Excel

Bloomberg

SQL

VBA

Job description

Associate, Equity Assistant Trader & Administrator

Japanese International Asset management company seeks an Associate, Equity Assistant Trader & Administrator.

Job Title: Equity Assistant Trader & Administrator

Department: Equity

Reports To: Sr. Analyst & Trader (to Head of Equity)

Location: Manhattan, New York (Hybrid)

Employment Type: Local Full-Time

Salary: $80,000-$90,000 (DOE)

Position Summary:

Manage trade execution, performance measurement, database management and portfolio attribution analysis for Equity team. Collaborate and liaise with Operations Analyst, Back-Office, Compliance, and other relevant parties for business planning, automation projects and client communications. Provide administrative support to the Equity team to ensure accurate trading activity, analysis and reporting.

Essential Duties/Functions:

1. Manage the processing and settlement of trades according to guidelines and standards. Assess, interpret, and report on market practices and developments as they pertain to trading. Recommend and advise on any changes or improvements necessary.
2. Responsible for performance measurement & allocation. Monitor and track portfolio cash positions. Maintain up-to-date performance and ratings data.
3. Execute trades within guidelines with focus on quality of trade execution in compliance with legal and regulatory requirements. Complete all trades in a timely manner – in collaboration with broker/dealers and Back-Office. Ensure compliance with Tokyo’s zero-tolerance policy for trade errors.
4. Communicate and collaborate with the operations analyst, other front, middle and back-office teams to ensure accuracy and completeness of trades, reporting, adherence to compliance requirements etc.
5. Fulfill daily, weekly and monthly reporting requirements.
6. Collaborate with operations analyst and IT to develop and implement automation projects.
7. Miscellaneous duties as assigned.

Experience/Qualifications:

1. Bachelor’s degree in Finance, Economics, a related field or equivalent work experience.
2. At least 3-4 years of experience in financial services, including at least 1-2 years within a trading environment.
3. Prior experience in equities, market analysis, equity trading, fund management or portfolio administration. A solid understanding of equity and financial markets is required. Prior experience in the oversight of databases is desirable. Long-term interest in operations, trading or analysis is welcome.
4. Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated research tools required. Familiarity with AIM a plus; VBA skills are desirable, along with experience with SQL, BQant, etc.
5. Ability to effectively prioritize work in a real-time environment with strong risk management and compliance awareness.
6. Strong interpersonal skills to develop and maintain relationships with business units and other operational groups; a flexible team player able to adapt to change and prioritize multiple tasks; happy to step in to support team where/when required.
7. Extremely detail-oriented, analytical, highly organized team player with strong communication skills and able to quickly identify and resolve discrepancies. Ability to work independently as needed.
8. Individual must possess sound problem solving and assessment capabilities.

In addition to a competitive base salary and discretionary bonus eligibility, we offer a generous benefits package which consists of the following:

1. Medical, Dental, and Vision Insurance – Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company
2. 401k match and Money Purchase Plan (fully company-funded)
3. Life Insurance and Disability Insurance
4. Up to 6 weeks of Paid Parental Leave
5. Tuition Reimbursement
6. Current Hybrid Work Arrangements
7. Paid Holidays in addition to vacation days, floating days and paid sick time

＊Prior to an extension of an offer of employment, candidates will be subject to pre-hire background screening that consists of verification of their employment history, educational background, and professional references. Provided all aspects of the pre-employment screening is satisfactorily completed, any subsequent offer of employment will be contingent upon successful completion of a criminal background check in accordance with the terms and conditions of our recruitment agreement.

Seniority level: Associate

Employment type: Full-time

Job function: Finance

Industries: Financial Services, Investment Management, and Investment Banking