Equity Trading Director

Truist • New York, NY

1d

About The Position

The Equity Trading Director is part of a team that includes Equity, Event-Driven, and Convertible Sales professionals who work closely with Research and Trading to deliver the firm's platform to a broad institutional client base. The role builds and manages client relationships, identifies investment opportunities, markets research and trade ideas, and drives revenue growth through differentiated client coverage and execution services.

The position manages equity traders, oversees risk and revenue, ensures appropriate staffing, and helps maintain a pipeline of talent. It also involves delivering Truist research to clients, executing client orders, managing client relationships with buy-side head traders, reconciling profit and loss reports, reviewing trade blotters and approvals, and monitoring advertising reports. Level-specific duties include developing client and sector knowledge, learning to recognize capital deployment, and maintaining senior traders' positions and market-making activity in their absence.

Requirements

• BS, BA, MBA, or CFA.
• 5–10 years of trading experience.

Nice To Haves

• MBA or CFA.
• 10+ years of trading experience with deep client relationships.

Responsibilities

• Manage equity traders and maximize revenues while managing risk and loss ratios.
• Continuously evaluate teammate performance and ensure staffing levels are appropriate for market conditions.
• Stay informed about talent in the marketplace and maintain a pipeline of talent to replace departing teammates.
• Deliver Truist research to clients on a daily basis.
• Execute client orders and manage risk in alignment with Truist’s purpose and goals.
• Manage and build relationships with buy-side head traders.
• Reconcile daily profit and loss reports.
• Review daily trade blotters and approvals and resolve outstanding items.
• Monitor and approve daily advertising reports.
• Deliver Truist research to a senior trader on a daily basis.
• Develop client relationships.
• Develop knowledge and understanding of a covered sector by working with a research analyst.
• Develop the ability to recognize and understand deploying capital.
• Maintain and monitor senior traders’ positions and perform market making in their absence.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
• 10 sick days, prorated
• Paid holidays
• May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division

What This Job Offers

• Job Type: Full-time
• Career Level: Director