Institutional Cash Equity Sales Trader

Macquarie Global Services; New York (NY); Hybrid; USD 130,000 - 200,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Insurance plans

401(k) plan

Hybrid work

Remote work equipment reimbursement

Learning and development reimbursement

Job summary

Macquarie is hiring an Equity Cash Sales Trader in New York to grow our U.S. equity execution platform and deepen client partnerships with institutional clients.

The role involves marketing our platform across the U.S., building relationships with hedge funds, and managing the full client lifecycle from outreach to first trade. Strong collaboration with global teams is required.

Qualifications

• 5 years of experience in sales trading, including client coverage and new business development.
• Proven ability to build and manage institutional client relationships, with hedge fund focus.
• Strong account management skills in a global, team‑oriented environment.
• Solid understanding of risk management and trading operations in institutional equity markets.
• Licenses: Series 7, 63, and 55, with quantitative/tech-focused credentials recommended.

Responsibilities

• Market and sell our equity execution platform across the U.S.
• Build and expand relationships with institutional clients, especially hedge funds.
• Manage the full client lifecycle from outreach and onboarding to first trade and ongoing development.
• Partner with colleagues globally to position our capabilities and deliver a consistent client experience.
• Maintain strong account management practices in a fast-paced, global environment.

Skills

Institutional client relationships

Business development

Account management

Risk management

Education

Series 7, 63, 55 licenses

Job description

Overview

Our team delivers global equity execution solutions by combining market insight, research, and risk management to support institutional clients. We are hiring an Equity Cash Sales Trader in New York to grow our U.S. execution platform and deepen client partnerships.

Responsibilities

In this role, you will market and sell our equity execution platform across the U.S. and align closely with our research and research sales teams. You will build and expand relationships with institutional clients, with a focus on hedge funds, and bring new clients onto the platform. You will partner with colleagues globally to position our capabilities and deliver a consistent client experience. You will manage the full client lifecycle from initial outreach and onboarding to first trade and ongoing business development. You will also maintain strong account management practices and contribute to team outcomes in a fast‑paced, global environment.

Salary range: $130,000 – $200,000 per year. Actual base salary may vary based on experience, time in role, market data, performance, and location. You may also be eligible for an annual discretionary incentive compensation award.

Qualifications

• 5 years’ of experience in sales trading, including client coverage and new business development
• Proven ability to build and manage institutional client relationships, with interest in the hedge fund segment
• Strong account management skills and experience working in a global, team‑oriented environment
• Solid understanding of risk management and trading operations in institutional equity markets
• Series 7, 63, and 55 licenses, with strong academic credentials, ideally in a quantitative or technology field

Benefits

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave
• 20 weeks of paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• 2 days of paid volunteer leave and donation matching
• Benefits and initiatives to support physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day‑care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long‑term disability
• Employee Assistance Program with a robust behavioural health network, including counselling and coaching services
• Learning and development opportunities, including reimbursement for professional membership or subscription
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work‑from‑home equipment

Equal Opportunity Employer

We are committed to providing an inclusive environment that values and respects different experiences, skillsets, and perspectives. Macquarie provides access to opportunities for all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity, or any other characteristic or circumstance. We provide reasonable accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.