Trader Associate

PNC; Philadelphia (Philadelphia County); On-site; USD 70,000 - 90,000; Full time

Job summary

PNC is seeking a Trader Associate in Philadelphia, PA, to support trading activities within their Municipal Fixed Income organization. The role involves collaborating with trading teams, conducting analyses, and ensuring effective communication with clients. Candidates should possess strong analytical skills and relevant experience in trading and finance.

Qualifications

• 2+ years of relevant professional experience or equivalent education.
• Experience in financial analysis and trading.

Responsibilities

• Support the trade process and settlement of transactions.
• Assist in performing risk analyses and portfolio management.
• Research industry and regulatory issues.

Skills

Python

Trading experience

Strong communication abilities

High level math and data collection / analytic skills

Education

University / College degree

Job description

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As a [position title] within PNC's [name of division] organization, you will be based in [city / state location of position].

Job Profile

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As a Trader Associate within PNC's Municipal Fixed Income organization, you will be based in Philadelphia, PA.

Preferred skills for this position include :

• Python – programming / coding
• Trading experience
• Fixed income / municipal investment experience
• Strong communication abilities
• High level math and data collection / analytic skills

Job Description

• Partners with trading team members to support the trade process and settlement of transactions.
• Coordinates with trading team. Assists with trading strategy by making effective, generally accepted recommendations. Assists in data collection, research and coordination among operations, portfolio manager and trading desk. Assists in settlement of securities.
• Assists in performing risk analyses and portfolio / position management, market analysis, financial analyses and / or due diligence on key indicators. Produces reports related to trade position and activity.
• Works with internal partners in developing reports. Draws independent conclusions and makes generally accepted recommendations based on data, to provide client relationship support.
• Researches industry, client, product, market and regulatory issues. Gains proficiency with all tools, systems and other resources.

Employee Expectations

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be :

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
• Accuracy and Attention to Detail – Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.
• Analytical Thinking – Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.
• Decision Making and Critical Thinking – Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.
• Effective Communications – Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
• Financial Analysis – Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material.
• Financial Services Industry – Knowledge of financial services industry trends, directions, major issues, regulatory considerations and trendsetters; ability to provide specific financial knowledge and experience to help organizational development.
• Managing Multiple Priorities – Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
• Problem Solving – Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply this knowledge appropriately to diverse situations.
• Trading – Knowledge of and ability to engage in the transfer of financial assets in any financial market on behalf of an investor in order to capitalize on short-term trends.

Work Experience

Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Education

Disability Accommodations Statement :

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4 : Recruiting or contact us via email at [emailprotected] .

The Human Resources Service Center hours of operation are Monday - Friday 9 : 00 AM to 5 : 00 PM ET.

Equal Employment Opportunity (EEO) :

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.