US Equity Trader

Not Interested
Bookmark
Report This Job

profile Job Location:

Boston, NH - USA

profile Monthly Salary: $ 120000 - 225000
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions tailored to the unique return and risk objectives of institutional clients in more than 60 countries draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

The Company

Tracing our roots to 1928 Wellington Management Company LLP is one of the worlds largest independent investment management firms. With US$1 trillion in assets under management we serve as a trusted adviser to institutional clients and financial intermediaries in over 50 countries. Our innovative investment solutions are built on the strength of proprietary independent research and span nearly all segments of the global capital markets including equity fixed income multi-asset and alternative strategies. As a private partnership whose sole business is investment management our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce and to fostering an open collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer we welcome people with diverse life experiences fresh ideas and specialized subject-matter expertise.

The Position

We are seeking to hire a US Equity Trader to execute orders from portfolio managers and analysts across our US book of business to include cash and derivatives across local and external markets. This is an execution role but there is significant opportunity and expectation to add value to client portfolios through collaboration with portfolio managers and analysts.

This position is based in Boston and will be situated on the Trading Desk at our offices which are located at 280 Congress trader will be working collaboratively with our global trading teams located in Boston London and Hong Kong and Singapore.

Wellington Managements trading philosophy and practices are based on the principles of seeking best execution contributing to portfolio alpha andmanaging regulatory operational liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies which emphasize the fair dissemination aggregation and allocation of investment opportunities across our investment platform and ultimately our clients.

Wellington Managements Trading Department employs over 60 traders globally and operates in specialized teams according to sectors and products. Our investment and trading activities are conducted on an industry-leading internally developed technology platform which we believe creates a meaningful competitive are also supported by an in-house team of managers and quantitative and business analysts who oversee the business of the department andprovide in-depth action-oriented insights into our trading capabilities and activities.

Responsibilities

Principal responsibilities will include but are not limited to:

  • Executing equity transactions using a mixture of high-touch and low-touch execution methods for all relevant accounts under management.
  • Executing orders in a manner consistent with our best execution and risk management practices as well as our policies and procedures.
  • Gathering analyzing and disseminating market sector and security information that identifies or creates actionable investment opportunities.
  • Developing and enhancing over time an in-depth understanding of the investment philosophies and strategies of our portfolio managers strategists and analysts.
  • Soliciting potential trade interest from portfolio managers and locating external supply/identifying internal demand for liquidity opportunities in the market.
  • Remaining informed of new product developments.
  • Fostering new trading relationships and leveraging existing relationships.
  • Monitoring and improving efforts to enhance efficiency while mitigating risk.

Qualifications

A successful candidate should have the following qualifications:

  • Have a minimum of 3 years relevant trading experience. Experience trading a wide array of instruments would be additive.
  • Ability to work quickly and accurately in a fast-paced dynamic environment.
  • Demonstrate a high degree of accuracy in his/her work.
  • Work well in a team oriented environment.
  • Strong organizational and communication skills.
  • Strong work ethic and attention to detail; a precision and risk management mindset that results in accurate and compliant work and manifests itself in double-checking work stopping to question anything unusual and frequent reconciliationof work throughout the day.
  • Strong analytical skills and an ability to apply those skills in a highly practical fashion.
  • An attitude and practice of proactive idea generation and continuous review and improvement of our processes.
  • Impeccable integrity fiduciary mindset and ability to consistently place the interests of our clients as the number one priority.
  • Strong quantitative skills programming experience would be additive.
  • A pro-technology mindset and the ability to leverage technology to improve effectiveness and efficiency.
  • Strong interpersonal skills and experience in a collaborative team-based results-oriented environment.
  • Strong academic credentials: Undergraduate degree is required; MBA/CFA would be viewed favorably.

JOB TITLE

US Equity Trader

JOB FAMILY

Trading

LOCATION

280 Congress

Not sure you meet 100% of our qualifications Thats ok. If you believe that you could excel in this role we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill workplace experiences and backgrounds.

As an equal opportunity employer Wellington Management considers all qualified applicants will receive consideration for employment without regard to race color sex sexual orientation gender identity gender expression religion creed national origin age ancestry disability (physical or mental) medical condition citizenship marital status pregnancy veteran or military status genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability or are assisting a candidate with a disability and require an accommodation to apply for one of our jobs please email us at .

At Wellington Management our approach to compensation is designed to help us attract inspire and retain the best talent in our strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary variable compensation and benefits. The base salary range for this position is:

USD 120000 - 225000

This range takes into account the wide range of factors that are considered when making compensation decisions including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salaryis only one component of Wellingtons total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives if addition we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan health and wellbeing dental vision and pharmacy coverage health savings account flexible spending accounts and commuter program employee assistance program life and disability insurance adoption assistance back-up childcare tuition/CFA reimbursement and paid time off (leave of absencepaid holidays volunteer sick and vacation time).

We believe that in person interactions inspire and energize our community and are essential to our support of this commitment our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

About UsWellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions tailored to the unique return and risk objectives of institutional clients in more than 60 countries draw on a robust body of pr...
View more view more

Key Skills

  • Automation Testing
  • Bid
  • Brand Marketing
  • Business Objects
  • Inventory Management

About Company

Company Logo

If Napoleon had met this Wellington, Waterloo would have taken on a whole new meaning: sound asset management. Wellington Management oversees investments for more than 2,000 institutional clients in some 50 countries. It has approximately $620 billion of assets under management. Clien ... View more

View Profile View Profile