What are the responsibilities and job description for the Equity Sales Trader position at Wedbush Securities?
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
Our Equity Sales Trading group is seeking an experienced and highly successful Sales Trader. The position is responsible for the management and execution of client equity trades with a focus on delivering a high level of service.
Responsibilities include but are not limited to:
Seek liquidity through marketing order flow to buy side client base and internal sales traders- Provide current information flow on what is moving stocks within sector
- Generate investment ideas through daily/weekly notes, as well as Bloomberg client chats
- Assist in back-office responsibilities ranging from booking trades/correcting breaks
- Perform other duties as required and assigned
Required Experience:
Bachelor's Degree from an accredited University required, preferably in Business or Finance, or other related fields- 5-7 years of successful sell-side experience as an Equity Sales Trader
- Active Series 7, 63 and 55 licenses
- Advanced financial literacy with ability to analyze financial reports and communicate analysis to clients
- Advanced knowledge and understanding of industry terminology and communication
- Ability to manage risk positions and assess market liquidity
- Must have existing roster of robust buy-side clients/traders
- Proficient in Microsoft Office (Outlook, Word, PowerPoint) with advanced Excel skills
- Highly organized with the ability to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
- Strong attention to detail
- Excellent verbal and written communication skills
- Ability to make quick decisions that are time sensitive
From: Wedbush Securities
