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Securities Lending Trader in New York, NY at TradeStation

Date Posted: 1/19/2019

Job Snapshot

Job Description

Securities Lending Trader
New York, NY
 
At TradeStation Securities Inc. we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. Over 500 employees working in various offices around the world are dedicated to servicing investment solutions for our clients. For over 20 years, our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team. 
 
As a Securities Lending Conduit Trader, you will help drive the sales of our diverse array of product offerings and investment solutions.  You will be expected to deliver exceptional service by exploiting unique market opportunities within the guidelines of the firm’s risk parameters   If you have a passion for trading, specifically securities lending and want to deepen your understanding of the capital markets, this is the perfect opportunity for you. 
 
We are currently seeking a Securities Lending Conduit Trader to join our New York office. In this role, you will be responsible for securities lending conduit trading across multiple domestic asset classes. This is an excellent opportunity to join a high-energy, entrepreneurial culture that values individuals who exhibit a strong work ethic, a willingness to learn and desire to achieve. You will be responsible for any financing functions and managing the general collateral trading book.
 
ESSENTIAL JOB FUNCTIONS:  
  • Capitalize on market anomalies to maximize P/L for the firm within the risk guidelines and parameters
  • Cultivate tier 1 counterparty relationships with a focus on enhancing trading relationships
  • Ensure tight controls and governance of the trading limits and risk exposures
  • Work closely with other Securities Lending flow traders and help drive revenue, trading commissions, financing revenues and short balances
  • Work closely with Business Management and Technology teams on platform building and ensuring STP on the overall trade flow
  • Liaise with back and middle office teams on issues such as settlement, control, P&L, and regulatory, etc.
  • Identify market trends with a focus on capitalizing on market events

KNOWLEDGE, SKILLS & ABILITIES:
  • Experience in the equity markets and associated financing needs
  • Excellent communication and negotiation skills
  • Able to work efficiently under pressure
  • Knowledge of daily trading, client contact and client entertainment
  • Exceptional thought provoking team player
  • Building up new item, business schemes and new flow of business

EDUCATION & EXPERIENCE:
  • Bachelor’s Degree
  • Financial Industry- 5+ years’ experience
  • FINRA Licenses: Series 4, 7, 63 and 24 within 1 year of service