Trader (Block) jobs in New York

Trader (Block) is responsible for the timely buying and selling of block orders. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (Block) evaluates market volatility and ensures clients receive the best rate available. Executes stock orders that consist of at least 10,000 shares or that have a value of $200,000 or more. Additionally, Trader (Block) requires a bachelor's degree in area of specialty and may require state licensure. Typically reports to a manager. To be a Trader (Block) typically requires 0-2 years of related experience. Works on projects/matters of limited complexity in a support role. Work is closely managed. (Copyright 2024 Salary.com)

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Trader
  • HSBC
  • New York, NY FULL_TIME
  • Job description

    HSBC is looking for a highly experienced individual to join its New York based Equities Sales Trading team within the Global banking & Markets division.

    In this client facing role the candidate will be expected to push the firm's global strategy with our US client base while working with a highly dynamic team of experienced professionals.

    The role will include the execution of US-based Hedge Funds with equities mandates, advising clients on market news and events and liaising with our local offices across our global footprint.

    It would be expected that candidates for this role would come with strong relationships with head traders of institutional and hedge fund clients in both the US and Asia.

    The successful candidate will join a growing execution team providing execution advice and expertise to our existing and expanding client base.

    The role requires a strong understanding of equity execution across the entire product class including ECM, Risk Trading, High Touch, Program Trading and Electronic Trading.

    The candidate will need to articulate changes in market structure, product enhancements and inform clients how best to navigate the changing market structure

    The job may include helping to shape external marketing initiatives to increase the HSBC profile in the Execution space including conferences, media and marketing collateral.

    Operational Effectiveness & Control

    The job-holder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes / procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators

    Management of Risk

    • The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organization
    • This will be achieved by consistently displaying the behaviors that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and / or external regulators
    • The jobholder is responsible for managing and mitigating operational and conduct risk in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structures referred to as the 'Three Lines of Defense'.

    The job holder should understand their position within Three Lines of Defense and operate within operational risk policy, escalating in a timely manner where they are unsure

    Observation of Internal Controls

    • Display an understanding of and adherence to internal controls, as well as relevant regulatory guidelines and controls, and promote the awareness of the same.
    • Maintain awareness of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations.
    • Ensure compliance with operational risk controls in accordance with internal and / or regulatory standards and policies;

    optimize relations with regulators by addressing inquiries.

    For this role, the targeted fixed pay is $250,000.

    At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits.

    Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

    Requirements

    In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.

    S. as HSBC will not engage in immigration sponsorship for this position.

    Responsibilities & Knowledge / Experience

    • Market HSBC's US High Touch execution services to predominately US clients.
    • Strong account management skills and cross product knowledge.
    • Introduce new Hedge Fund clients to the cash and prime business.
    • Strong interest and understanding of global financial markets
    • A working understanding of equity capital markets and managing the IPO process.
    • Adhere to HSBC policy, procedures and control requirements applicable to day-to-day working,
    • The candidate will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
    • Suggest ideas and contribute to implementing actions that will improve customer service.

    Skills Competencies

    • US Licences, Series 7, 57, 63, an absolute requirement.
    • 10 years' experience in Equities.
    • Excellent communication skills - both written and verbal.
    • A strong team player willing to work across asset classes and geographies.
    • Highly organized, detail oriented and proactive.
    • Strong interpersonal skills, intellectual curiosity and judgement.
    • Ability to work in a high-paced and dynamic environment.
    • Willingness to explore new skills to enhance cross-selling outside of cash-equity.
    • Ability to build effective external client relationships.

    As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow.

    We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment.

    You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.

    We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

    All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

    Last updated : 2024-03-03

  • 23 Days Ago

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Trader
  • Marathon Asset Management, LP
  • New York, NY FULL_TIME
  • Overview Marathon Asset Management is a global credit manager with approximately $22 billion in assets under management. Our Structured Credit platform is well-established with a 20 year track record ...
  • 24 Days Ago

S
Trader
  • Sherwood Lumber Corporation
  • Melville, NY FULL_TIME
  • We are hiring for our Lake Oswego, Melville and Tampa locations as well as home office set ups across the country. SUMMARY: This position is responsible for strengthening mill footprints, achieving cu...
  • 1 Day Ago

C
Trader
  • Citi
  • NEW YORK, NY OTHER
  • Citibank, N.A. seeks a Trader for its New York, New York location.Duties: Financing and hedging, including raising financing, hedging/monetizing stock positions. Providing market risk hedging and stak...
  • 5 Days Ago

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Bitcoin Platform Eng Lead, Block
  • Block
  • New York, NY FULL_TIME
  • Company DescriptionFounded in July 2021, TBD is one of Block's four business units, alongside Square, Cash App, and Tidal. At TBD, we believe in a decentralized future that returns ownership and contr...
  • 13 Days Ago

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Block Advisors Receptionist
  • H&R Block
  • Rochester, NY FULL_TIME
  • At H&R Block, we believe in the power of people helping people. Our defining Purpose is to provide help and inspire confidence in our clients, associates, and communities everywhere. We also believe i...
  • 19 Days Ago

A
Equity Trader / Specialist
  • Atria Wealth Solutions
  • San Diego, CA
  • Atria Wealth Solutions, Inc. (Atria) is a wealth management solution holding company focused on delivering a clear path ...
  • 3/28/2024 12:00:00 AM

A
Equity Trader / Specialist
  • Atria Wealth Solutions
  • Syracuse, NY
  • Atria Wealth Solutions, Inc. (Atria) is a wealth management solution holding company focused on delivering a clear path ...
  • 3/28/2024 12:00:00 AM

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Programmatic Trader
  • MiQ Digital
  • New York, NY
  • Role: Trader Location: New York City, NY What you'll do We're MiQ, a global programmatic media partner for marketers and...
  • 3/28/2024 12:00:00 AM

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Quantitative Trader
  • MA CAPITAL U.S. LLC
  • Chicago, IL
  • Job brief We are a nimble trading firm focused on maximizing the opportunities of alpha generation through innovation in...
  • 3/27/2024 12:00:00 AM

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Trader
  • Vident Asset Management
  • Atlanta, GA
  • Job Description Job Description Vident Asset Management is a specialized exposure and solutions provider partnering with...
  • 3/26/2024 12:00:00 AM

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Equity Trader / Specialist
  • Blaylock Van, LLC
  • New York, NY
  • Blaylock Van, LLC, an established Minority Owned Business Enterprise broker-dealer specializing in banking and underwrit...
  • 3/25/2024 12:00:00 AM

A
Trader
  • Ascendo Resources
  • One of our well-established clients is seeking a Trader to join their team in the Miami/Fort Lauderdale area. As a Trade...
  • 3/24/2024 12:00:00 AM

A
Trader
  • Albert Bow
  • Chicago, IL
  • TRADERS | HYBRID | UP TO 75% PnL split - depending on capital allocation We are working with an established firm in Chic...
  • 3/24/2024 12:00:00 AM

New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean. In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Trader (Block) jobs
$73,395 to $81,354

Trader (Block) in Wichita, KS
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds.
January 11, 2020
Trader (Block) in Newark, NJ
You just will! There is no need to drive, and you are never more than a block from someplace to find food.
February 09, 2020
Trader (Block) in Huntsville, AL
In securities markets increasingly dominated by institutions, the big block trading firms like Salomon, Goldman Sachs, and Merrill Lynch, Pierce, Fenner & Smith play a pivotal role.
December 24, 2019