Trade Coordination, Americas - Equity Co Op
About The Position
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. 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, 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, and producing and analyzing daily reports to help ensure best trading practices. In addition, this individual would serve as an assistant to the Manager of Trade Coordination. This co-op position entails cross-training to ensure optimal performance across functions.
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
Career Level
Intern
Education Level
No Education Listed
