Assistant Trader

Stifel Financial • Saint Louis, MO

304d

About The Position

The Assistant Risk Trader works closely with the Risk Trader and Head Trader by supporting and promoting trading services. This position is responsible for aiding the Head Traders and Risk Traders in their work to provide trading services. The Assistant Trader will not be allowed to risk capital for the firm or to determine which securities can be offered for sale. This role serves as a stepping stone for a future position as a Risk Trader, requiring more in-depth knowledge of the product area they are working in. Responsibilities include answering phones, setting up offering sheets, updating inventory pages, sending out information requested by financial advisors, and assisting Head Traders or Risk Traders as needed. The Assistant Trader must abide by all Policies and Procedures of Stifel and comply with all relevant laws and regulations in the securities industry. They are also responsible for reporting suspicious trading activity and ensuring the accuracy of every trade they assist with. Additionally, they may assist in preparing marketing materials, which must be reviewed before distribution.

Requirements

• Complete understanding of the capital markets and products being traded.
• Ability to communicate intelligently with industry professionals.
• Strong numerical and computer skills.
• Ability to work in a hectic environment.

Nice To Haves

• Minimum 4-year degree in Finance, Economics, or Business related field.
• At least 4 years of industry experience in back office or operations.

Responsibilities

• Aid the Head Traders and Risk Traders in providing trading services.
• Answer phones and assist with administrative tasks.
• Set up offering sheets and update inventory pages.
• Send out information requested by financial advisors.
• Report suspicious trading activity to the Head Trader.
• Ensure the accuracy of trades and make corrections as necessary.
• Assist in preparing marketing materials for review.

Benefits

• Health, dental, and vision care.
• 401k plan.
• Wellness initiatives.
• Life insurance.
• Paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree