Trader Assistant Associate
Trader Assistant Associate
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Join the Stock Borrow Loan team to support trade structures and enhance operational efficiency.
As a Trader Assistant in our Stock Borrow Loan (SBL) team you will play a crucial role in supporting our trading desk ensuring seamless trade execution and driving process improvements. You will act as a key liaison between the trading desk and support teams translating desk strategies into actionable operations. Your role will involve governance of trade fail activity oversight of regulatory compliance and collaboration with various infrastructure groups to support a unified team approach.
Job Responsibilities
- Provides close support to the trading desk continuously seeking ways to enhance operational support
- Develops a comprehensive understanding of trading structures from both financial and operational perspectives
- Executes trade bookings accurately and timely manages recalls corporate actions and trade lifecycle events
- Oversees SBL fail activity conducting root cause analysis to improve outcomes
- Ensures compliance with SBL regulatory requirements through precise trade bookings
- Manages PB rehypothecations and short cover processes
- Maximizes the use of vendor services and drive performance improvements
- Collaborates with operations and infrastructure groups to foster a one team approach
- Performs and sign off on all controls diligently and timely
- Communicates clearly with support teams to resolve queries efficiently
- Contributes to strategic initiatives driving process improvements and innovation
Required Qualifications Capabilities and Skills
- In-depth understanding of the SBL product and trading structures
- Experience with front-to-back operations processes including confirmations settlements and regulatory reporting
- Knowledge of infrastructure groups (Finance Market Risk Credit Risk etc.) and their interaction with the Trader Assistant team
- Strong communication skills for collaborative work and effective stakeholder management
- Attention to detail and a strong sense of ownership
- Ability to work effectively in a pressurized and changing environment
- Strong organizational skills to prioritize tasks and balance speed with accuracy
- Analytical and numerical proficiency
- Problem-solving control and project management skills
Preferred Qualifications Capabilities and Skills
- Experience in a similar role within a financial institution
- Familiarity with innovative tools and vendor solutions in trade operations
- Technical skills particularly in Excel; experience with Alteryx/Tableau is a plus
Required Experience:
IC
Employment Type
Full-Time
