Manager, Equity Trading

Fidelity Investments•Boston, MA

1d•$80,000 - $120,000•Onsite

About The Position

We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity Capital Markets. The team performs block trades, portfolio trades, and corporate buybacks. This person will have the opportunity to help manage order flow with our existing roster of clients as well as help uncover new opportunities to increase revenue. This will include providing the best execution to our clients by effectively managing equity order flow and providing outstanding client service and market expertise. The role will also help to implement new capabilities, workflow tools, and consistent trade implementation strategies to drive competitive positioning, execution quality, client happiness, and operational excellence. Knowledge of equity execution to help support both external and internal clients. Executing block orders in accordance with regulatory standards and client best execution Projecting confidence when speaking with clients as you are the product expert Representing Fidelity with utmost integrity toward clients and street facing counterparties

Requirements

BA or BS degree required.
1-5 years experience in financial services with emphasis on execution trading/sales-trading, trading technologies, or technology support/operations.
Strong relationship management skills and ability to develop new business for the desk.
FINRA security licenses: series 7, 63, 57 (or equivalent compliance alternatives required to trade) or ability to obtain within 3 months.
Basic understanding of trading strategies, algorithms and market structure.
Apply analytical discipline in algo selection, execution, and risk management by using understanding of client’s investment process.
Coding proficiency in SQL and/or Python preferred.
Collaborative team approach and willingness to improve operational efficiency by serving on ad-hoc projects.
Demonstrate attention to detail and ability to escalate and explain issues quickly and clearly.
Familiarity with Bloomberg, Newport (or other trading systems), pre- and post-trade analytics.

Nice To Haves

Coding proficiency in SQL and/or Python

Responsibilities

Manage order flow with existing clients and uncover new opportunities to increase revenue.
Provide best execution to clients by effectively managing equity order flow.
Provide outstanding client service and market expertise.
Implement new capabilities, workflow tools, and consistent trade implementation strategies.
Support both external and internal clients with knowledge of equity execution.
Execute block orders in accordance with regulatory standards and client best execution.
Project confidence when speaking with clients as the product expert.
Represent Fidelity with utmost integrity toward clients and street-facing counterparties.