NLGIA-posted 10 months ago
$80,000 - $90,000/Yr
Full-time • Entry Level
Manhattan, NY

The Equity Assistant Trader & Administrator will manage trade execution, performance measurement, database management, and portfolio attribution analysis for the Equity team. This role involves collaboration with Operations Analysts, Back-Office, Compliance, and other relevant parties for business planning, automation projects, and client communications, particularly with Nippon Life Group. The position also provides administrative support to ensure accurate trading activity, analysis, and reporting.

  • Manage the processing and settlement of trades according to guidelines and standards.
  • Assess, interpret, and report on market practices and developments as they pertain to trading.
  • Recommend and advise on any changes or improvements necessary.
  • Responsible for performance measurement & allocation.
  • Monitor and track portfolio cash positions.
  • Maintain up-to-date performance and ratings data.
  • Execute trades within guidelines with a focus on quality of trade execution in compliance with legal and regulatory requirements.
  • Complete all trades in a timely manner in collaboration with broker/dealers and Back-Office.
  • Ensure compliance with Tokyo’s zero-tolerance policy for trade errors.
  • Communicate and collaborate with the operations analyst and other teams to ensure accuracy and completeness of trades and reporting.
  • Fulfill daily, weekly, and monthly reporting requirements.
  • Collaborate with operations analyst and IT to develop and implement automation projects.
  • Perform miscellaneous duties as assigned.
  • Bachelor’s degree in Finance, Economics, a related field or equivalent work experience.
  • At least 3-4 years of experience in financial services, including at least 1-2 years within a trading environment.
  • Prior experience in equities, market analysis, equity trading, fund management, or portfolio administration.
  • A solid understanding of equity and financial markets.
  • Prior experience in the oversight of databases is desirable.
  • Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated research tools required.
  • Familiarity with AIM is a plus; VBA skills are desirable, along with experience with SQL, BQant, etc.
  • Ability to effectively prioritize work in a real-time environment with strong risk management and compliance awareness.
  • Strong interpersonal skills to develop and maintain relationships with business units and other operational groups.
  • Extremely detail-oriented, analytical, highly organized team player with strong communication skills.
  • Ability to work independently as needed.
  • Sound problem solving and assessment capabilities.
  • Long-term interest in operations, trading, or analysis.
  • Medical, Dental, and Vision Insurance – Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company.
  • 401k match and Money Purchase Plan (fully company-funded).
  • Life Insurance and Disability Insurance.
  • Pre-tax Commuter Benefits.
  • Up to 6 weeks of Paid Parental Leave.
  • Tuition Reimbursement.
  • Current Hybrid Work Arrangements.
  • Paid Holidays in addition to vacation days, floating days, and paid sick time.
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