Trade Coordination, Americas - Equity Co Op

Wellington ManagementBoston, MA
Hybrid

About The Position

The Equity Trading Co-op’s primary focus will be assisting the Equity Trading Desk with ensuring all domestic transactions are fully confirmed and affirmed by brokers each day. This role involves replying to trading-related inquiries, assisting with the research and resolution of trading discrepancies, and relaying broker’s trading activity calls and notifications to traders. The co-op will also obtain stock borrows from multiple securities lending desks for short-sell orders, oversee client-directed commission programs & broker network maintenance, and produce and analyze daily reports to help ensure best trading practices. Additionally, the individual will perform daily and monthly Research Commission reconciliation and analysis tasks. This individual would also serve as an assistant to the Manager of Trade Coordination.

Requirements

  • An intelligent, highly motivated and passionate professional committed to excellence
  • Ability to multi-task in a fast-paced environment under tight deadlines
  • Strong interpersonal communication skills
  • Familiarity and interest in the finance industry
  • Only Northeastern University students are eligible for this program.

Nice To Haves

  • Previous experience in a corporate environment a plus

Responsibilities

  • Ensuring all domestic transactions are fully confirmed and affirmed by brokers each day.
  • Replying to trading-related inquiries and assisting with the research and resolution of trading discrepancies.
  • Relaying broker’s trading activity calls and notifications to traders.
  • Obtaining stock borrows from multiple securities lending desks for short-sell orders.
  • Oversight of client directed commission programs & broker network maintenance.
  • Producing and analyzing daily reports to help ensure best trading practices.
  • Perform daily and monthly Research Commission reconciliation and analysis tasks.
  • Serve as an assistant to the Manager of Trade Coordination.

Benefits

  • retirement plan
  • health and wellbeing
  • dental
  • vision
  • pharmacy coverage
  • health savings account
  • flexible spending accounts
  • commuter program
  • employee assistance program
  • life and disability insurance
  • adoption assistance
  • back-up childcare
  • tuition/CFA reimbursement
  • paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
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