Trader (Government Securities) jobs in New Jersey

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.

The position is responsible generally for the processing of corporate actions and income events including Splits, Spin-offs, Mergers, Rights distributions. Products supported included equity and fixed income securities settling at DTCC, Euroclear

Responsibilities include, but are not limited to:

• Responsible for corporate actions processing including interpreting events, electing at the depository and allocation of stock and cash payment
• Process income events such as Dividends and coupon payments
• Scrubbing of corporate action event data
• Assist with proxy and class action related functions
• Review, research, and resolve correspondent/customer complaints escalated from other departments
• Analyze current procedures and implements enhancements to continuously improve efficiency and productivity
• Perform other duties as required and assigned

• Bachelor's Degree from an accredited university required
• Minimum 1-year of experience in financial services operations
• Must have corporate actions experience
• Advanced knowledge and understanding of the abandoned property rules and regulations
• Experience with FIS Phase 3, BETA, DTC PBS/PTS a plus
• Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Excellent verbal and written communication skills, and strong analytical, problem-solving, and critical thinking skills
• Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Strong collaboration and team building skills
• Able to maintain a high degree of accuracy a fast-paced, deadline-driven environment
• Able to work independently as well as within a team and prioritize daily work flow with little direction
• Customer service orientated with strong interpersonal skills

What Wedbush Offers You

Wedbush Securities (WS) aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm provided equal opportunities to succeed. As part of the overall compensation package, WS offers a diverse array of benefits to our Colleagues.

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Time Off: Vacation, Sick Time, Holidays
• Charitable Donation Matching Contributions
• Paid Leave: Parental Bonding, Jury Duty, Volunteer Time Off, Military, Disability, etc.
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $60,000 to $75,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview

From: Wedbush Securities