Sales Trading Job Description
Sales trading
provides guidance and advice to the Sales and Trading, Investment Banking, Global Capital Markets and Investment Management Business units on regulatory requirements and internal policies and procedures.
Sales Trading Duties & Responsibilities
To write an effective sales trading job description, begin by listing detailed duties, responsibilities and expectations. We have included sales trading job description templates that you can modify and use.
Sample responsibilities for this position include:
Helping pitch potential clients with solid knowledge of the industry
Providing customers with market color, news, flow information, and trading ideas
Provide customers with market color, news, flow information, and trading ideas
The opportunity to be selected to join our Commodities and Financial Markets group for a two week placement this summer, where you'll gain first hand experience working on the trading floor
Collate and market order flow
Responsible for maintaining an effective trading compliance program through monitoring and surveillance sales and trading activities (reviews consist of best execution, short sale, trade reporting, TRF reporting, 605/606, REG NMS)
Respond to real-time inquiries from traders, sales persons, technology personnel and trading management
Work closely with heads of the Equity Trading Desk group acting as a resource for education and training purposes on various topics
Respond to trading and regulatory inquiries from FINRA and other regulatory bodies
Conduct testing and verification to ensure trading systems are in compliance with regulatory requirements
Sales Trading Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Sales Trading
List any licenses or certifications required by the position: CMFAS, CRISC, CISA
Education for Sales Trading
Typically a job would require a certain level of education.
Employers hiring for the sales trading job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Business, Education, Accounting, MBA, Graduate, Engineering, Computer Science, Mathematics
Skills for Sales Trading
Desired skills for sales trading include:
Market
Equities markets
Understanding of applicable regulatory rules and regulations
Industry
Products
Financial products
Investment banking
Industry sector
Trade booking and settlements
Financial markets
Desired experience for sales trading includes:
Proactively keep Sales and Trading Departments ahead of the changing regulatory environment
Assist in preparation of policies, procedures, guidelines, and training materials on all of the above issues
Coordinate Compliances efforts for Equity Capital Markets and the Research Department
Interns rotating through sales desks will be expected to work side-by-side with sales people, traders, and research analysts, to gain a comprehensive understanding of credit fundamentals, relative-value analysis, and macro strategy
On Trading/Research desks, associates will be expected to analyze risk reports, review credits with Desk Analysts, shadow Salespeople and interact with clients
Interns rotating through Structuring & Trading will work on pitches and live transactions, which may include modeling, portfolio analysis, investor analysis, preparing presentations and reviewing legal documentation
Sales Trading Examples
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Sales Trading Job Description
Job Description Example
Our growing company is hiring for a sales trading. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for sales trading
- Generate daily market and pricing data analytics to the client base
- Interns will work directly with Sales & Trading professionals to develop an understanding of the firm’s fixed-income products, institutional customer base, and markets
- Providing best execution on client orders, working with clients and traders to find a best strategy for the order
- Executing agency orders directly on the exchange and provide liquidity to customers by finding crosses
- Working with ECM to build IPOs and placement deals in China A shares
- Execute orders directly on the exchange where appropriate and provide liquidity to customers by finding crosses and capital facilitation
- Extensive overseas travel management
- Assisting and supporting visitors to the London Plan and organise the provision of an office / desk for the visitor
- Providing general administrative support for the organisation of meetings, workshops, conferences, team meetings
- Building on your analytical and problem solving skills by taking part in our online trading experience
Qualifications for sales trading
- 3-4 years of Equities Trading Compliance experience
- Working knowledge of USTP Fidessa, Bloomberg, and Microsoft applications
- Strong preference for applicants to speak Mandarin and/or Cantonese in addition to English
- As the ideal candidate you should have at least 3+ years of experience, either in recruiting for a financial services company or in a division of an investment bank with a demonstrated understanding of the campus recruiting process
- Comfortable in the fast-paced nature of the business - requiring a candidate who has strong interpersonal skills
- An ability to multi-task efficiently and can manage multiple constituents under significant time pressure
2
Sales Trading Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of sales trading. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for sales trading
- Participate in industry initiatives relevant to Derivatives Transactions, including internal and external legal, regulatory and market standards working groups and committees
- Interact with vendors to evaluate new products and services
- Networking opportunities with our current Graduates and senior business representatives
- Tips for success" sessions including CV clinics and interview advice
- Touring the trading floor
- Respond to all client inquiries throughout the trading day
- Execute client orders
- Participate in the idea generation for client trades/investments
- Coordinate with teams across Asia
- Distribute news content both internally and externally
Qualifications for sales trading
- You possess strong MS Office skills with remarkable attention to detail
- Fluency in Cantonese/Mandarin preferred
- Ability to handle pressure and think quickly on your feet
- Providing advice to all Sales and Trading areas within BarCap
- Contribute to related policy drafting and surveillance initiatives
- Provide Business subject matter expertise for Volcker and other various business projects with Compliance implications
3
Sales Trading Job Description
Job Description Example
Our innovative and growing company is hiring for a sales trading. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for sales trading
- Process all derivative notation requests
- Assist salespersons in onboarding new accounts, monitoring credit lines and seeking credit line increases
- Assist salespersons with orders and executes transactions as needed
- Assist with all administrative tasks of desk including answering phones and relaying client messages
- Adhere strictly to compliance and operational risk controls in accordance with regulatory standards, policies and practices
- Booking trades and events in FO books
- Handling of novations
- Is fluent in business English (French will be considered an asset)
- Gain experience in a variety of technologies, including the GS platform SecDB, Java, web technologies (javascript, angular ), real-time cluster technologies like SPARK and NoSQl data stores like MongoDB
- Maintain account contact management and calendars for sales and trading personnel
Qualifications for sales trading
- Displaying willingness to network, developing links with stakeholders and relevant areas
- Assisting in the Global co-operation effort in respect of Sales and Trading Compliance coverage
- Development and the roll-out of bespoke Compliance training programs
- Demonstrating ability to work as part of a team while demonstrating proactivity & drive to be a self-starter and driver of enhanced processes in the firm
- Working closely with supervisory team to ensure proper supervisory controls are in place
- Native level Mandarin and fluent oral and written English
4
Sales Trading Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of sales trading. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for sales trading
- Coordinate business meetings, conferences and presentations
- Prepare PowerPoint presentations, reports and spreadsheets as required
- Process and help draft agreements and business correspondence and review documents for completeness and accuracy
- Coordinate complex travel arrangements and record expense accounts for senior partners
- Answer multi-line phone and greet clients
- Perform general administrative duties as required
- Supports the Municipal Sales and Trading departments involving Compliance matters
- Communicate regulatory changes to the Municipal Sales and Trading departments and is responsible for implementing the necessary system enhancements to support these changes
- Update the Firm’s Written Supervisory Procedures (WSPs) related to Municipal Sales and Trading based on new rules and regulations and/or process enhancements
- Respondto regulatory inquiries and exams related to Municipal Sales and Trading
Qualifications for sales trading
- 5 years of relevant experience, know the working process for QFII/RQFII business
- A willingness to commit to the full 12-14 week program June – August
- Preferred candidates should have a desire to obtain full time employment beginning summer 2016
- Knowledge of Bloomberg and advanced Excel
- Minimum of Bachelors’ degree in Economics or Finance
- Minimum of 4 years’ experience within Equities at a global investment bank with a focus on CEEMEA region (Central and Eastern Europe, Middle East and Africa)
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Sales Trading Job Description
Job Description Example
Our company is growing rapidly and is hiring for a sales trading. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for sales trading
- Provide legal advice, support and risk management to the Company on derivatives, repo, securities lending, clearing execution, cash securities and brokerage arrangements (“Sales & Trading Transactions”)
- Prepare and negotiate trading agreements and other documentation between the Company and its counterparties across all counterparty sectors and jurisdictions and relating to Sales & Trading Transactions
- Ensure that all legal and documentation requirements for Sales & Trading Transactions are dealt with and met in an efficient and timely manner
- Conduct legal diligence on new counterparties and jurisdictions for Sales & Trading Transactions
- Provide advice and support relating to netting and collateral, and management of netting and collateral enforceability opinions and risk positions in connection with Sales & Trading Transactions
- Maintain databases and records of all documentation connected to Sales & Trading Transactions
- Provide advice and documentation support on trade confirmations for Sales & Trading Transactions
- Assist in the maintenance and development of document templates and standards, know-how and procedures in connection with Sales & Trading Transactions
- Assist in the maintenance and interpretation of the Company’s default management policies and procedures
- Review and advise on new business and new product requests relevant to Sales & Trading Transactions
Qualifications for sales trading
- Ability to demonstrate a commercial understanding of the Equities business
- High degree of client service through previous experience
- Russian language skills preferable
- Understanding of a client's workflow and the foreign exchange process specifically for Real Money
- Solid work ethics and high level of motivation
- Strong academic record with minimum Master’s degree in Economics, Finance or a related discipline required