Brokerage Associate Job Description
Brokerage associate
provides advice on regulatory interpretation and compliance issues for Equities with specific focus on brokerage business including QFII/RQFII trading, electronic trading and other types of client.
Brokerage Associate Duties & Responsibilities
To write an effective brokerage associate job description, begin by listing detailed duties, responsibilities and expectations. We have included brokerage associate job description templates that you can modify and use.
Sample responsibilities for this position include:
The team also provides other services to the Hedge Fund clients in the areas of due diligence, ad-hoc projects in analysis of data, loading data and testing portfolio for new clients
Review and recommend leverage for prospective clients
Deliver on the Prime Brokerage asset servicing objectives which includes the full integration of capabilities across different product sets for clients and assisting in delivering the internal service workstation tools to deliver a best in class service model
In conjunction with other project teams and business units, conduct analysis to plan, scope and define projects
Develop project plans and manage implementation, including milestones, issues / risk tracking and communications throughout the project life-cycle
Set and manage realistic expectations for successful delivery among stakeholders in Business and Operations project teams
Assure quality of deliverables throughout the project
Monitor the progress of ongoing development work and understand how that fits into the firm’s strategic plans
Draft requirements documents and develop consensus around deliverables
Develop testing and implementation approaches and manage user acceptance tests
Brokerage Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Brokerage Associate
List any licenses or certifications required by the position: CPA, MBA, CASS
Education for Brokerage Associate
Typically a job would require a certain level of education.
Employers hiring for the brokerage associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Business, Real Estate, Accounting, Economics, Education, Associates, MBA, Financial Services, Management
Skills for Brokerage Associate
Desired skills for brokerage associate include:
Brokerage products
Investment instruments and trading procedures
Securities
Services
Are invested
BCP
Broad understanding of capital markets
Equities
NX360
Oracle
Desired experience for brokerage associate includes:
Client-facing calculations-Execute bespoke client billing calculations
MIS reporting-Perform daily, monthly and ad-hoc Management reporting (Excel-based)
Client interaction-SME in resolving financing related issues with PB account managers/clients
Operations support-Liaise with CIB Treasury, Operations, Technology, Tax, Financial Control, Margin Department, Collateral Management, & Equity Finance Pricing and Stock Borrow/Loan desks
Some experience in either Controllers, Middle Office, Operations, Treasury, or support for Cash Margin Financing/Equity Finance /Stock Borrow Loan products
Understanding of accounting and regulatory principles and their application in practice also advantageous
Brokerage Associate Examples
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Brokerage Associate Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of brokerage associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for brokerage associate
- Be the sole point of contact and escalation point for all product, technology, and operational inquiries across cash equity, fixed income and synthetic prime brokerage
- Actively engage clients with respect to existing business, new products, new technology and new regulatory issues
- Identify revenue increasing opportunities within the client's current book of business
- Cross sell other areas of the firm
- Actively engage in department initiatives to improve the prime brokerage product
- Manage all marketing for Prime Brokerage business in the region
- Consult with Product and Segment Executives to understand business goals and develop communication and collateral strategies that meet business needs
- Build marketing and/or communications plans to execute on marketing strategies, including developing appropriate value propositions and key messaging to be incorporated in all marketing activities
- Design and execute marketing tactics, including sales collateral, thought leadership, promotions/campaigns, web and client communications related to new product and service launches, business as usual marketing needs
- Partner effectively with Media, Internal Communications and other staff in the development and execution of all programs
Qualifications for brokerage associate
- Ability to use innovative solutions to solve immediate needs, and manage delivery of industrial strength solutions to these needs on a longer term basis
- Deep and broad knowledge of prime brokerage, equity finance, hedge funds and alternative asset management, and equity derivatives
- Appreciation of global regulatory initiatives, and how these affect the ongoing operations of derivatives and financing businesses
- Client facing skills, especially in sales, marketing, consultancy, support and/or trading
- Ability to interface with internal and external operations groups
- Ability to react quickly to meet intra-day deadlines
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Brokerage Associate Job Description
Job Description Example
Our innovative and growing company is hiring for a brokerage associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for brokerage associate
- Oversee projects/initiatives from beginning to end
- Review of cash flows and P/L for swaps, CDS, Repo and other OTC products
- Monitoring, summarizing and disseminating to clients key market policy and regulatory developments relevant to hedge funds across Asia
- Event planning and coordination including coordinating speakers and invitees
- Researching and summarizing for internal and client use, key regulatory and legal matters relevant to Asian hedge funds and markets - particularly as relevant to HK, PRC and other Greater China markets
- Generally support the Asia Consulting team for day to day client needs
- Monitor and input money market fund transactions in an efficient and timely manner for Prime Brokerage, third party broker-dealer correspondent, and Bank Custody clients
- Review money market transactions that result in systemic trade blocks and action appropriately with Product and Money Market Operations
- Monitor incoming wires from money market mutual fund companies and clients
- Review, analyze and assist in modifying order processing and trading methodology and procedures
Qualifications for brokerage associate
- Strong ability to multi-task and self starter
- Operations, Legal, Hedge fund (buy side) or prime brokerage (sell side) experience
- Strong commercial acumen and ability to develop into client facing role
- Mandarin and/ or Cantonese preferred but not essential
- Extensive dealings with many departments within the Federation
- Minimum 4 years of professional Project Management experience in both business process and technology implementations
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Brokerage Associate Job Description
Job Description Example
Our growing company is looking to fill the role of brokerage associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for brokerage associate
- Perform administrative duties such as maintain file records, draft letters to fund companies to amend client account registrations or other account information, update and manage authorized persons documentation, and complete money market fund applications and obtain appropriate sign-off
- Ensure compliance with firm and desk policies, rules and regulations
- Facilitating the interaction between US hedge funds/European investors and US investors/European hedge funds
- Assisting with the origination of new Hedge Fund launches to our PB sales team
- Assisting with PB sales process to discuss Cap Intro product
- Creation of Hedge Fund landscape and content presentations to be presented to investors and managers
- Provision of consulting service to new launches and advising them on the build out of their new fund/firm
- Managing ongoing Hedge Fund client relationships
- Management of the day to day FINRA OATS reporting requirements and exception management
- Obligations (Dodd-Frank Trade Reporting & External Business Conduct, Stock Record, etc)
Qualifications for brokerage associate
- Experience in dealing with production issues, risks, support and troubleshooting an advantage
- Design reporting components of the existing Portfolio Swap application
- Participation in design sessions working through the implementation details of various application modules to be developed to meet the requirements of PBBR
- Code and implement the modules assigned to him including Unit testing to ensure the build is as per specifications
- Maintain accurate statuses of assigned tasks in JIRA
- Participate in team meetings and provide necessary updates on progress made
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Brokerage Associate Job Description
Job Description Example
Our company is hiring for a brokerage associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for brokerage associate
- Submit all data required for the call reports, marketing reports, prospect and target marketing reports, commission memos
- Work with senior Brokers to effectively market designated properties and distinguish projects from competition
- Managing flow of information to clients in response to their requests across all consulting areas
- Liaising with clients and candidates to manage introduction of suitable talent to clients looking to hire
- Assistance with event coordination – client invitations, securing venues, securing speakers and planning content for relevant events
- Managing relationships with some core HR, real estate and other vendors
- Preparing alerts for client base on topics and developments of interest in the market place
- Support strategic planning activities by providing financial analysis, marketing reports for listing assignments, marketing strategy for new business development, tactical implementation of active client projects and special projects as assigned in order to support the decision making by clients and brokerage team
- Produce financial models and other analyses for transactions of varying complexity to support the negotiation of lease and ownership teams with third parties
- Design and implement marketing campaigns for new business development
Qualifications for brokerage associate
- A proactive self-starter, able to manage own time, prioritise and independently identify and complete implied tasks
- Work on enhancements and bug fixes as the project matures
- Deep understanding of Java, web-based request handling, servlets and filters in J2EE
- Hands-on programming experience with Web UI development (Ext.js, HTML, Javascript, Jquery)
- Ability to build strong relationships with clients, through daily interactions and office meetings
- MBA or equivalent in Finance and Econometrics
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Brokerage Associate Job Description
Job Description Example
Our company is looking for a brokerage associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for brokerage associate
- Assess clients’ risk return profiles
- Work with internal teams like PB Risk, Credit Risk, Market Risk and QR to calibrate margin methodologies
- Assist in the negotiations of Legal Documentation
- Participate in PB marketing efforts by taking part in client pitches
- Daily calls to update information, track details progress of tenant’s process, provide brokers with floorplans and other marketing materials for Team spaces that fit up with tenant requirements
- Conduct research to support pitch materials, publications, reports and deliverables to the for the brokerage team
- Collaborate with Research & Marketing teams on business development opportunities and market research
- Assist with the preparation, production and distribution of presentation and pitch materials and other marketing materials/packages for new business pursuits
- Prepare market surveys, tour books, proposals, summaries, abstracts and other relevant documents
- Develop and maintain target lists for new business development
Qualifications for brokerage associate
- Relevant industry knowledge of Investment Banking
- Postgraduate degree or equivalent in computer science and engineering
- Programming experience using large data sets
- Experience in Equity Structuring and strategies
- Demonstrated experience with statistical modelling
- Very strong interpersonal and collaboration skills