US Equity Trader
About The Position
Wellington Management is seeking a US Equity Trader to execute orders for portfolio managers and analysts across their US book of business, including cash and derivatives in local and external markets. This role involves significant opportunity and expectation to add value to client portfolios through collaboration with portfolio managers and analysts. The position is based in Boston on the Trading Desk and will involve collaboration with global trading teams in Boston, London, Hong Kong, and Singapore. Wellington Management's trading philosophy is based on seeking best execution, contributing to portfolio alpha, and managing risks. The Trading Department employs over 60 traders globally, operating in specialized teams. Trading activities are conducted on an industry-leading internally developed technology platform, supported by an in-house team of managers and quantitative and business analysts.
Requirements
- A minimum of 3 years' relevant trading experience.
- Ability to work quickly and accurately in a fast-paced, dynamic environment.
- Demonstrate a high degree of accuracy in his/her work.
- Work well in a team oriented environment.
- Strong organizational and communication skills.
- Strong work ethic and attention to detail; a precision and risk management mindset that results in accurate and compliant work and manifests itself in double-checking work, stopping to question anything unusual, and frequent reconciliation of work throughout the day.
- Strong analytical skills and an ability to apply those skills in a highly practical fashion.
- An attitude and practice of proactive idea generation and continuous review and improvement of our processes.
- Impeccable integrity, fiduciary mindset, and ability to consistently place the interests of our clients as the number one priority.
- Strong quantitative skills.
- A pro-technology mindset and the ability to leverage technology to improve effectiveness and efficiency.
- Strong interpersonal skills and experience in a collaborative, team-based, results-oriented environment.
- Undergraduate degree is required.
Nice To Haves
- Experience trading a wide array of instruments would be additive.
- Programming experience would be additive.
- MBA/CFA would be viewed favorably.
Responsibilities
- Executing equity transactions, using a mixture of high-touch and low-touch execution methods, for all relevant accounts under management.
- Executing orders in a manner consistent with our best execution and risk management practices, as well as our policies and procedures.
- Gathering, analyzing, and disseminating market, sector and security information that identifies or creates actionable investment opportunities.
- Developing and enhancing over time an in-depth understanding of the investment philosophies and strategies of our portfolio managers, strategists, and analysts.
- Soliciting potential trade interest from portfolio managers and locating external supply/identifying internal demand for liquidity opportunities in the market.
- Remaining informed of new product developments.
- Fostering new trading relationships and leveraging existing relationships.
- Monitoring and improving efforts to enhance efficiency while mitigating risk.
Benefits
- retirement plan
- health and wellbeing
- dental coverage
- vision coverage
- pharmacy coverage
- health savings account
- flexible spending accounts
- commuter program
- employee assistance program
- life insurance
- disability insurance
- adoption assistance
- back-up childcare
- tuition reimbursement
- 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
Mid Level
