Equity Assistant Trader & Operations Administrator – Equity Trading Operations

Job Description

Equity Assistant Trader & Operations Administrator | Pivotal Solutions

The Tone:
This is a full-time role at Pivotal Solutions, located in New York, NY. The company operates within the financial services sector, focusing on equity trading and investment management. This position is vital for managing trade execution, ensuring accurate performance measurement, and providing essential operational support for the Equity team, thereby contributing to the team’s efficiency and regulatory compliance.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY

• Team: Equity Department; reports to Head of Trading
• Mission: Manage trade execution, performance measurement, database management, and portfolio attribution analysis for the Equity team, collaborating with relevant parties and providing administrative support.
• Tech Stack: MS Office, Advanced Excel, Bloomberg, AIM, VBA, SQL, BQant

What You’ll Actually Do
• Trade Management: Oversee the processing and settlement of trades according to operations guidelines and standards, assessing market practices for improvements.
• Performance & Allocation: Conduct fund performance measurement and allocation, monitoring portfolio cash positions and maintaining performance and ratings data.
• Trade Execution: Execute equity trades within established guidelines, ensuring quality of execution in compliance with all legal and regulatory requirements.
• Operational Collaboration: Communicate and collaborate with operations, back-office, and IT teams to ensure trade accuracy, compliance, and to develop automation projects.
• Administrative Support: Provide administrative assistance to equity research analysts and operations analysts, ensuring accurate trading activity, analysis, and fulfilling reporting requirements.

The Must-Haves
• Background: Bachelor’s degree in Finance, Economics, a related field or equivalent work experience; a solid understanding of equity and financial markets is required.
• Experience: At least 3-4 years of experience in financial services, including at least 1-2 years within a trading environment; prior experience in equities, market analysis, equity trading, fund management or portfolio administration.
• Skills: Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated research tools; ability to prioritize work with strong risk management and compliance awareness; extremely detail-oriented, analytical, highly organized with strong communication and interpersonal skills.
• Bonus: Prior experience in the oversight of databases; familiarity with AIM; VBA skills; experience with SQL, BQant.