Trade Coordination, Americas - Equity Co Op
About The Position
Wellington Management Company, LLP (WMC) is a large independent investment management firm with over $1 trillion in assets under management, serving institutional clients in over 60 countries. The Equity Trading Co-op will primarily assist the Equity Trading Desk with daily operations, including transaction confirmation, resolving discrepancies, obtaining stock borrows, managing client directed commission programs, and analyzing trading reports. The role also involves performing research commission reconciliation and analysis, and assisting 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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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
