Wealth Management, Equity Trading, VP
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Job Location:
New York City, NY - USA
Yearly Salary:
$ 110000 - 185000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Description
The MSWM Equity Trading desk oversees all brokerage and branch advisory (PM & CGA) equity trading domestically and internationally. The desk is available to advisors for all equity trading related issues including guidance on trade details understanding the complexity of the equity markets and working larger orders to obtain best execution.
Responsibilities
- The primary function is to act as an Associate responsible for engaging with Financial Advisors and Portfolio Managers in the execution of their orders.
- Responsible for giving market color and guidance while implementing different trading strategies to execute trades.
- Be able to negotiate and execute at the best price for the client. Have knowledge about all asset classes within Equity trading.
- Have a deep understanding of trading algorithms and how to apply them to execution.
- Will represent the client and protect trade orders for the customer during the entire trade cycle.
Experience
- Bachelors degree or equivalent
- Licenses: Series 7 66 and 57 within three months of hire
- 3-5 years of experience on a trading desk preferred with an interest in equity markets
Skills/Abilities
- Strong verbal communication skills - Must be client service oriented with the ability to provide active dialogue with FAs and PMs as well as sales traders who are using the products.
- Confidence to have constant dialogue with internal and external clients; as well as to communicate with senior management
- Ability to manage a fast-paced environment and multi-tasking execution trading requires diligence and quick effective decision-making skills.
- Strong organizational skills including the ability to coordinate prioritize and manage multiple tasks/activities
- An entrepreneurial spirit centered around growth
- Fundamental and Technical understanding of market dynamics
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Expected base pay rates for the role will be between $110000 and $185000 per year at the commencement of employment. However base pay if hired will be determined on an individualized basis and is only part of the total compensation package which depending on the position may also include commission earnings incentive compensation discretionary bonuses other short and long-term incentive packages and other Morgan Stanley sponsored benefit programs.
Morgan Stanleys goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race color religion creed age sex sex stereotype gender gender identity or expression transgender sexual orientation national origin citizenship disability marital and civil partnership/union status pregnancy veteran or military service status genetic information or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Required Experience:
Exec
Key Skills
- Business Development
- Estate Law
- Sales Experience
- Trusts
- Wealth Management
- Financial Services
- Organizational skills
- Investment Experience
- Banking
- Securities Law
- Financial Planning
- Wills
About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more
