Securities Trader

Job description / Role

Purpose of role

The purpose of the securities trader role is to transact all of the securities trades with our client's counterparts for the Private Banking Clients (and the consumer bank on a SLA basis)

Key Responsibilities

Main responsibilities include:
1. Transact all deals with appropriate counterpart, including equities, bonds, funds, options, structured products.
2. Work closely with back office and mid office to see that all trades are settled on time.
3. Book all trades to customer accounts on a timely basis (same day, systems permitting)
4. Work with approved active trading clients to facilitate US and Europe market trading. (In accordance with the Bank's views)
5. Active calling on approved clients to keep them updated with market movements and news.
6. Actively transmitted bank's views to clients on timely manner.

Relationships (including nature of interaction)

Internal
Private Bankers, Account Managers, Mid Office, Back Office

External
SAGE (Chicago), Bloomberg/Reuters, JPM, DB, BNP, UBS, ML, Calyon, Soc Gen, + other counterpart banks

Requirements

Competencies

Essential

Thorough understanding of how different securities trade.

Must be fully competent with our systems

Very strong attention to detail to avoid errors

Full compliance and understanding of the banks policies and corporate values.

Thorough understanding of equity market fundamentals

Specific knowledge & skills
Significant job related experience with Privet Banking products.

Education requirements
University level related degree and previous banking experience in the securities trading / settlements/ booking area of the bank.

About the Company

Part of the MRL Group, MRL Financial works in partnership with leading global finance-based organisations to provide a complete recruitment service. Primary divisions comprise technology and operations, risk management, audit and compliance.