Junior Sales Trader at SpiderRock Technology Solutions LLC

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Full Time

Start Date

Immediate

Expiry Date

24 Sep, 26

Salary

0.0

Posted On

26 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Order Handling, Trade Execution, Client Relationship Management, Trade Reconciliation, Settlement Process, Options Trading, Equity Derivatives, Bloomberg, Ice Chat, Trafix OMS, Microsoft Excel, Time Management, Interpersonal Skills, Risk Management, Technical Triage, Client Training

Industry

Financial Services

Description

We are looking for a Junior Sales Trader to assist the derivatives sales and trading team and will play a crucial role in supporting our Concierge Desk and electronic Equity Options ATS trading platform. This role will ensure the smooth execution and settlement of trades and provide exceptional client service. This role will work in our New York office located in the financial district. WHAT YOU WILL DO Assist SpiderRock’s NY Sales and Trading team with order handling and execution of client equity orders. Work closely with our sales teams to support overall client coverage both on our ATS and NY Concierge Desk with multiple Client Access points. Establish strong relationships with current and prospective clients. Manage order flow across multiple execution paths both high and low-touch. Support the ATS Trouble Desk – Middle office concentrating on Customer Breaks, Affirmation, and Settlement issues on a timely basis in both US Stock and Options. Facilitate client ATS training, feedback, and routing orders. Reconciling trade flow from initiation through clearing, including internal components and back to the fully disclosed clearing banks and brokers. Perform triage and escalate technical issues to appropriate teams. Act as a liaison between Trading and SpiderRock’s operations, quality assurance, and development teams. Investigate and address settlement and trading failures to minimize all market and operational risk. WHAT WE ARE LOOKING FOR Bachelor degree in finance, economics, business, math, or equivalent professional work experience 1 – 5 years’ experience in the financial services industry, preferably in derivatives trading or middle office role Deep knowledge of options and listed equity derivatives Understanding of US listed Equity Options Market structure, exchange clearing, and settlement process Series 7, 63, and 57 are required or expected to attain within 6 months of hiring Experience of Microsoft applications (Word, Excel, PowerPoint) Demonstrable experience with sales and trading tools (i.e. Bloomberg) and other communication tools (i.e. Ice Chat), Order Management and Trading Systems (i.e. Trafix OMS) Strong work ethic and attention to detail Independent project and time management Professional, motivated attitude Strong interpersonal skills WHAT TO EXPECT Learn while doing Highly competitive pay, benefits, and bonus structure Health insurance (medical, dental, vision) Voluntary ancillary plans (Life & AD&D, Short-Term Disability, Long-Term Disability, Critical Accident and Critical Illness) Discounted pet insurance Progressive time off benefits (unlimited PTO, maternity leave, paternal leave) Wellness programs Zen Den for meditation, naps, nursing, or just to decompress Work with high-caliber and innovative professionals Access to unlimited snacks and beverages in our lounge area Monthly, quarterly, and semi-annual company sponsored events 401K Safe Harbor Plan and Match Onsite gym membership Divvy bike access A fun and collaborative environment SpiderRock is an Equal Opportunity Employer

Responsibilities

Assist the sales and trading team with order execution and client coverage for the Concierge Desk and electronic Equity Options ATS. Manage trade flow reconciliation, address settlement failures, and act as a liaison between trading and operations teams.