Job Title: Trader

Job Location: San Antonio, Texas

Job Description:

The Equity Trader plays an integral role and works closely with the Chief Equity Trader and Fixed Income Trader. This role is responsible for executing trades for the firm across multiple custodians and for all accounts under STMMs management. Transactions will consist of equity purchases and sales, including option trading and fixed income trading. This is an exempt position and reports to the Chief Equity Trader.

The general duties for this job consist of:

  • Handle all aspects of trade placement for equity securities including common stocks, mutual funds, exchange traded funds, options and fixed income by utilizing multiple execution platforms while ensuring best execution practices; This includes monitoring and processing trades, i.e.: trade input, trade execution and allocation process post execution
  • Book trades and maintain restrictions as required on trade order management system, Charles River Development (CRD)
  • Mediate and resolve trade related/settlement issues, pre/post trade instructions and communication with broker dealers, custodian banks and Client Operations
  • Provide detailed information regarding trade errors; actions taken to prevent issues from re-occurring and financial impact to the firm
  • Interface with various internal and external parties related to trade execution or securities monitoring
  • Communicate market conditions to Chief Executive Officer/Chief Investment Officer, Director of Equity Research and other members of the investment team
  • Ensure the receipt of accurate soft dollar trade commissions from all participating broker-dealers
  • Ad-hoc reporting and special projects
  • Establish and maintain procedures
  • Administrative duties of the Trading Department (scanning, filing, etc.)
  • Other tasks as requested by the Chief Equity Trader, CEO/CIO or COO

Required Skills:

  • Manage competing priorities in a timely fashion with strong attention to detail and accuracy with limited direction
  • Display independent judgment
  • Take initiative and accept ownership of responsibilities
  • Demonstrate mental discipline and the ability to react calmly and quickly in a fast-paced trading environment while maintaining accuracy and integrity at all times
  • Values teamwork, but can think and work independently
  • Excellent organization and multi-tasking skills
  • Strong interpersonal and communicative skills
  • Self-motivated with initiative to accept new and additional responsibilities

Education, Experience and Other Requirements:

  • Minimum 3-5 years trading and/or work experience, preferably at Investment Advisory firm.
  • Bachelor degree in business, finance or accounting preferred.
  • Knowledge of the investment industry and financial markets.
  • Ability to use MS Office including MS Word, Excel and Outlook.
  • Knowledge of Bloomberg and Charles River are considered plus.