Talent.com
Trade Support Specialist

Trade Support Specialist

Ameriprise FinancialCharlotte, NC, US
14 hours ago
Job type
  • Full-time
Job description

Senior Trade Specialist

As a Senior Trade Specialist, you will manage, prioritize, and perform complex fixed-income trading operations. This includes operational support to the wealth management products group in the setup and trading of new issue structured products. The senior specialist will also execute fixed-income agency orders.

Key Responsibilities

  • Manage, prioritize, and perform complex trading operations in support of the fixed income trading desk including : generating reports, billing trades, processing trade requests received from business partners, monitoring and triaging rejected trades, and testing or analyzing technology problems and updates. Accuracy, efficiency, and timeliness are critical to managing the desk's workflow.
  • Monitor daily reporting submissions to external regulatory agencies (MSRB and TRACE).
  • Provide new issue operational support (offering setup and trading) to Products team for structured products, working cross organizationally and with outside business partners.
  • Execute fixed-income orders timely, accurately, and within all industry and firm rules and regulations. Analyze current market volatility, market structures, and other relevant characteristics and variables to optimize the client execution price.

Required Qualifications

  • 3+ years of relevant experience
  • Bachelor's degree or equivalent experience
  • Active Series 7 or the ability to obtain within 120 days

    • Preferred Qualifications

  • Experience with various systems, including BETA, Tradeweb, SIMON, and ThomsonONE
  • Sound understanding of the financial markets. Ability to perform in a highly stressful, time sensitive, and regulated environment
  • Strong understanding of the differing market structures and variables which impact pricing for each
  • Interest in obtaining Series 57 license
  • Experience with regulatory websites preferred
  • Awareness / understanding of process procedure review and development
  • Basic understanding of structured products
  • Basic understanding of fixed income securities
  • Strong attention to detail, including demonstrated ability to meet accuracy standards in a high-volume situation
  • Ability to manage multiple priorities in a fast-paced, results-driven environment
  • Ability to effectively prioritize time-sensitive workflow
  • Ability to work efficiently with multiple business partners
  • Strong communication skills, comfortable working with various levels of the organization
  • Basic understanding and proficiency in Microsoft office software including Onenote

    • About Our Company We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

    The estimated base salary for this role is $65,400 - $88,200 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and / or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

    Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

    Full time

    Exempt

    Business Support & Operations

    CLEAR Clearing

    Create a job alert for this search

    Trade Specialist • Charlotte, NC, US