Senior Sales Trader

William Blair • Chicago, IL

1d

About The Position

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.
Join William Blair, the Premier Global Partnership.
Apply advanced trading expertise and equity markets knowledge in the execution of equity trade orders generated by institutional clients. Collaborate with institutional salespeople and position traders to identify purchase and sale opportunities, cross-sell with existing institutional clients, and develop trade recommendations that benefit institutional clients and the firm. Monitor trading positions to ensure they are within established risk parameters. Develop and report findings on market sentiment, trading environment, trading volume, and price volatility. May provide informal oversight to less experienced traders.
This role is primarily responsible for Western Regional institutional coverage.

Requirements

• Bachelor’s Degree required; MBA preferred
• 5 - 7 years of trading experience required, with meaningful levels of responsibility and demonstrated success, including experience with listed and OTC equities and derivatives
• Sell-side experience with strong institutional investor relationships preferred
• SIE Exam, Series 7, 63 and 57 (former Series 55) required (must be obtained within first 180 days) for US; applicable license requirements may be required for international roles
• Advanced understanding of fundamental financial, technical and economic factors driving security valuations
• Advanced understanding of equity trading regulations, market trends and risk management theory
• Strong knowledge of trading systems
• Ability to clearly communicate financial or trading concepts to various audiences
• Ability to effectively work in group environment
• Ability to multi-task and perform functions with high level of detail and attention
• Strong work ethic with demonstrated initiative and persistence
• Working knowledge of Microsoft Office Products

Responsibilities

• Execute complex equity trade orders generated by institutional clients, utilizing advanced understanding of market factors to complete trades at optimal price points and within established risk parameters.
• Develop and maintain relationships with institutional salespeople, position traders, Research staff and institutional clients. Develop comprehensive knowledge of client trading positions to inform future trade opportunities.
• Collaborate with institutional salespeople and position traders to identify purchase and sale opportunities, cross-sell with existing institutional clients, and develop trade recommendations that benefit institutional clients and the firm.
• Synthesize and communicate information regarding market sentiment, trading environment, trading volume, price volatility, etc. into relevant, concise content for institutional sales staff.
• Monitor daily trading positions to achieve profit targets and minimize risk. Balance, reconcile and manage trading positions within risk policy limits.
• Assist in training less experienced traders on trading operations, systems and procedures.
• Oversee the prompt resolution of trading issues escalated by less experienced traders.
• Ensure all trading activities are in compliance with applicable rules, regulations, policies and procedures.
• Additional responsibilities as requested.

Benefits

• medical
• dental
• vision coverage
• employer paid short & long-term disability and life insurance
• 401(k)
• profit sharing
• paid time off
• Maven family & fertility benefit
• parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits

What This Job Offers

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