Senior Trader

Job description

Tasks and responsibilities

• Receiving and processing buy orders from registered representatives of the broker-dealer, clients, and/or their third-party providers, as well as verifying the accuracy of the information in the orders.
• Daily review of trade execution reports.
• Ensuring that trading procedures are carried out properly and that compliance guidelines are followed.
• Processing a high volume of complex trades while minimizing the company's financial risk.
• Monitoring the relationship between the trading desk and our clearing broker to ensure that we receive "best execution" for all trades.
• All transactions are processed through our clearing broker's system.
• Providing market information to our internal and external clients, tailored to their needs.
• Responsibility for post-trade procedures, including entering transactions into the system and assisting the securities processing unit as needed to ensure efficient trade settlement.
• Providing customers with information about investments, securities, and other financial services.
• Answering complex questions about trades from management, customers, sales representatives, and company employees.
• Stay up to date on changes in the industry and share your knowledge with the team and department.
• Compliance with anti-money laundering and bank secrecy laws, as well as Itaú’s relevant policies and procedures.
• Proactively develop business opportunities during all customer interactions to deliver an exceptional customer experience.
• Performing other tasks that are necessary or assigned.

Requirements

• Academic degree in business or a related field (MBA preferred)
• Licenses: Series 7 is required; Series 57 is preferred
• At least 5 years of experience in the securities industry
• Systems/Applications: MS Office, Bloomberg, Olympic, NETX360
• Skills: Effective communication, customer focus, organizational skills, technical and functional expertise, sound business judgment, keyboard and data entry skills, attention to detail, ability to multitask, and a team player.
• Senior-level experience: Brokerage and banking products (fixed income, equities, options, mutual funds, derivatives, foreign exchange, futures, and structured products)
• A strong understanding of current regulatory requirements for broker-dealers and banking regulations.
• A self-motivated team player with strong communication skills.
• Fluency in English and Spanish is required.
• Fluency in Portuguese is a plus.