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Options Trading Associate
New York, NY
Job Description
DescriptionQualifications
Education
Licenses & Certifications
Stifel is committed to providing equal employment opportunities (EEO) to all associates,
applicants for employment, and individuals providing services in the workplace without regard to
actual or perceived race, color, religion, creed, gender, pregnancy (including childbirth, lactation,
child-bearing capacity, sterilization, fertility, past pregnancy condition and the potential or intention
to become pregnant and related medical condition), sexual and reproductive health decisions, sexual
orientation, gender identity and gender expression (including transgender individuals who are
transitioning, have transitions, or are perceived to be transitioning to the gender with which they
identify), national origin, ancestry, age, disability, weight, genetic information, marital status,
citizenship status, familial status, homelessness (i.e., lack of a permanent mailing address or a
mailing address that is a shelter or social services provider), status as a covered veteran or any
other protected criteria in accordance with applicable federal, state and local laws. Stifel complies
with applicable state and local laws governing non-discrimination in employment applicable to
each location in which the Firm operates. Stifel strictly prohibits any form of unlawful
discrimination.
Equal opportunity extends to all aspects of the employment relationship, including hiring,
transfers, promotions, training, termination, working conditions, compensation, benefits, and other
terms and conditions of employment. All Stifel associates are responsible for implementing this
EEO policy in their daily actions, conduct and decisions. All associates are expected to treat each
other with respect and professionalism.
Stifel is an Equal Opportunity Employer.
The Options Trading Associate will assist the Options Trading desk with day-to-day operations in support of goals and objectives and will work closely with the Options Trading/Sales team.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Assists the Options Desk with processing daily trade executions.
- Performs trade settlement reconciliation daily and notifies management of any discrepancies.
- Will handle correcting any trade breaks and ensure databases have been updated to reflect the correction.
- Maintains trade databases and will prepare reports and analyses as requested.
- Forward billing details to the back office for each trade executed at EOD.
- E-mail confirmation statements to the clients each morning for the previous day's trades.
- Reviews all vendor bills for accuracy and works with the Equity Commissions Managment team to ensure timely billing and vendor payments are completed.
- Will work on various projects as assigned by management.
$70,000 to $90,000 base salary
QUALIFICATIONS
- General knowledge of FINRA and trading regulations, with preference given to Options and listed Equity Derivatives.
- Strong understanding, knowledge, and experience within the financial services industry.
- Ability to effectively communicate information to all levels of staff and management.
- Ability to ensure necessary and relevant information is passed on to others promptly.
- Skilled at developing, maintaining, and strengthening internal and external partnerships.
- Detail oriented.
- Able to perform in a fast-paced working environment.
- Interest in financial markets.
EDUCATION AND EXPERIENCE
- Minimum required: Bachelor's degree in finance, economics, business or equivalent.
- Minimum required: 2+ years of industry-related experience, preferably in Options Trading.
LICENSES AND CREDENTIALS
- Minimum required: none.
- FINRA Series 7 and 63 are preferred.
SYSTEMS AND TECHNOLOGY
- Experience with Microsoft Excel, Work, and PowerPoint.
- Experience with trading platforms such as Bloomberg and Fidessa.
-
Education
Bachelors of BUSINESS (required)
Licenses & Certifications
Series 7 (preferred)
Series 63 (preferred)
Series 63 (preferred)
Stifel is committed to providing equal employment opportunities (EEO) to all associates,
applicants for employment, and individuals providing services in the workplace without regard to
actual or perceived race, color, religion, creed, gender, pregnancy (including childbirth, lactation,
child-bearing capacity, sterilization, fertility, past pregnancy condition and the potential or intention
to become pregnant and related medical condition), sexual and reproductive health decisions, sexual
orientation, gender identity and gender expression (including transgender individuals who are
transitioning, have transitions, or are perceived to be transitioning to the gender with which they
identify), national origin, ancestry, age, disability, weight, genetic information, marital status,
citizenship status, familial status, homelessness (i.e., lack of a permanent mailing address or a
mailing address that is a shelter or social services provider), status as a covered veteran or any
other protected criteria in accordance with applicable federal, state and local laws. Stifel complies
with applicable state and local laws governing non-discrimination in employment applicable to
each location in which the Firm operates. Stifel strictly prohibits any form of unlawful
discrimination.
Equal opportunity extends to all aspects of the employment relationship, including hiring,
transfers, promotions, training, termination, working conditions, compensation, benefits, and other
terms and conditions of employment. All Stifel associates are responsible for implementing this
EEO policy in their daily actions, conduct and decisions. All associates are expected to treat each
other with respect and professionalism.
Stifel is an Equal Opportunity Employer.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
2+ years
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