Senior Trader
New York City, NY - USA
Job Summary
Position Overview
Neuberger is seeking an experienced Senior Trader to join its Trading team in New York with dedicated coverage of European equity markets. Reporting directly to the Global Head of Trading this individual will be responsible for executing equity trades across European markets with a focus on best execution transaction cost management and strong broker relationships. The Senior Trader will serve as a key partner to portfolio managers and will play an active role in shaping trading strategies for the European equity coverage universe. This role operates on European market hours from our New York office.
Key Responsibilities
Trade Execution & Coverage
Execute equity orders across European developed markets ensuring best execution on behalf of portfolios
Manage complex orders including large illiquid and time-sensitive positions with sound judgment and precision
Monitor intraday market conditions news flow and liquidity dynamics to inform execution strategy
Oversee the full trade lifecycle from order receipt through settlement in coordination with operations
Broker & Market Participant Relations
Maintain and develop relationships with sell-side brokers electronic trading venues and market makers across European markets
Evaluate broker performance and contribute to broker review and commission management processes
Stay current on European market microstructure venue landscape and evolving best execution frameworks (including MiFID II/MiFIR requirements)
Portfolio Manager Partnership
Collaborate closely with portfolio managers to understand portfolio objectives and translate investment decisions into effective execution strategies
Provide real-time color on market conditions liquidity and trading dynamics relevant to European equity portfolios
Support portfolio rebalancing index events and corporate action-related trading activity
Risk Compliance & Analytics
Execute all trading activity in adherence to internal risk parameters compliance policies and applicable regulatory requirements
Conduct and review Transaction Cost Analysis (TCA) to monitor and continuously improve execution quality
Identify and escalate risk issues appropriately to the Head of Trading
Technology & Process Improvement
Utilize and optimize Order Management System (OMS) and execution management tools (e.g. Charles River FlexTrade)
Contribute to the development of trading workflows tools and infrastructure enhancements
Support the evaluation and onboarding of new trading technologies and platforms
Qualifications
Required
Minimum 10 years of buy-side or sell-side equity trading experience with direct exposure to European equity markets
Strong understanding of European market microstructure trading venues and regulatory environment (MiFID II/MiFIR)
Proficiency with OMS/EMS platforms and electronic trading tools
Bachelors degree in Finance Economics Mathematics or a related quantitative discipline
Active FINRA Series 7 and Series 63 licenses
Ability and willingness to work European market hours from the New York office
Preferred
CFA charterholder or active candidacy
Prior experience in a New York-based role with European market hours coverage
Familiarity with transaction cost analysis (TCA) tools and methodologies
Programming skills (Python SQL or VBA) a plus
Competencies
Strong analytical mindset with the ability to make sound time-pressured decisions
Excellent interpersonal and communication skills; able to engage effectively with portfolio managers brokers and internal stakeholders
High attention to detail and rigorous approach to risk management
Collaborative team player with a proactive solutions-oriented attitude
Demonstrated integrity and accountability in a fast-paced high-stakes environment
#LI-GC1 #LI-Hybrid
Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.Compensation Details
The salary range for this role is $175000-$215000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employees pay position within the salary range will be based on several factors including but limited to relevant education qualifications certifications experience skills seniority geographic location business sector performance shift travel requirements sales or revenue-based metrics market benchmarking data any collective bargaining agreements and business or organizational needs. This job is also eligible for a discretionary bonus which along with base salary and retirement contributions is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance retirement life insurance and other benefits to eligible employees.Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race creed national origin religion age color sex marital status sexual orientation gender identity disability citizenship status or protected veteran status or any other characteristic protected by local state or federal laws rules or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact .
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Required Experience:
Senior IC