Associate, Equity Assistant Trader & Operations Administrator

Functional Title:                       Equity Assistant Trader & Operations Administrator 

Corporate Title:                        Associate 

Department:                             Equity

Reports To:                               Head of Trading (to Head of Equity)

Overtime Eligible (Y/N):          N (Exempt)

Position Summary:

Manage trade execution, performance measurement, database management and portfolio attribution analysis for Equity team. Collaborate and liaise with Operations Analyst, Back-Office, Compliance, and other relevant parties for business planning, automation projects and client communications (Nippon Life Group). Provide administrative support to the equity research analysts and operations analyst to ensure accurate trading activity, analysis and reporting. 
 

Essential Duties/Function:

• Manage the processing and settlement of trades according to trading & operations guidelines and standards. Assess, interpret, and report on market practices and developments as they pertain to trading. Recommend and advise on any changes or improvements necessary. 


• Responsible for fund performance measurement & allocation. Monitor and track portfolio cash positions. Maintain up-to-date performance and ratings data.
  


• Execute trades within guidelines with focus on quality of trade execution in compliance with legal and regulatory requirements. Complete all trades in a timely manner – in collaboration with Operations, broker/dealers and Back-Office. Ensure compliance with Tokyo’s zero-tolerance policy for trade errors. 


• Communicate and collaborate with the operations analyst, other front, middle and back-office teams to ensure accuracy and completeness of trades, reporting, adherence to compliance requirements etc.


• Fulfill daily, weekly and monthly reporting requirements. 


• Collaborate with operations analyst and IT to develop and implement automation projects.


• Miscellaneous duties as assigned.

Experience/Qualifications:

• Bachelor’s degree in Finance, Economics, a related field or equivalent work 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. A solid understanding of equity and financial markets is required. Prior experience in the oversight of databases is desirable. Long-term interest in operations or trading is welcome.
  


• Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated research tools required. Familiarity with AIM a plus; VBA skills are desirable, along with experience with SQL, BQant, etc.
  


• Ability to effectively prioritize work in a real-time environment with strong risk management and compliance awareness.
  


• Strong interpersonal skills to develop and maintain relationships with business units and other operational groups; a flexible team player able to adapt to change and prioritize multiple tasks; happy to step in to support team where/when required.


• Extremely detail-oriented, analytical, highly organized team player with strong communication skills and able to quickly identify and resolve discrepancies. Ability to work independently as needed. 


• Individual must possess sound problem solving and assessment capabilities.


• Ability to work 8:30am – 5:00PM, with flexibility to work additional hours as needed.

The expected annual base salary for this position ranges from $100,000.00-$110,000.00. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus based on qualitative and quantitative performance factors.

In addition to a competitive base salary and discretionary bonus eligibility, we offer a generous benefits package* which includes the following:

• Medical, Dental, and Vision Insurance – Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company


• 401k match and Money Purchase Plan (fully company-funded)


• Life Insurance – fully employer-paid premiums for Basic Life Coverage


• Health Savings Account (HSA) for HDHP participants with annual employer contribution


• Short-Term (including Salary Continuation) and Long-Term Disability Benefits


• Pre-tax Commuter Benefits


• Up to 6 weeks of fully-paid Parental Leave


• Tuition/Education Reimbursement up to $5,250 per year


• Current Hybrid Work Arrangements (3 days in-office)


• 11 Paid Holidays in addition to vacation days, floating days and paid sick time


• Employee Assistance Program


• Paid Volunteer Day and group volunteer opportunities


• Matching Gift Donation Program


• Company-sponsored events and weekly lunches


• Free onsite beverages and snacks


• 
  *The benefits and programs described above are subject to change at any time and may vary based on role, tenure, or other business considerations.

Disclaimer: 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position.  This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice.  All employees may be required to perform duties outside of their normal responsibilities at any time at the Company’s sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

During the application process and, if hired, during employment, I agree to participate (if so requested by the Company and as not prohibited by applicable law) in testing to determine whether employees are under the influence of controlled drugs or illegal substances. Such tests or examinations will be performed by qualified professionals selected by the Company.

This submission of my application attests to the fact that the information that I have provided on my application, resume, given verbally, or provided on any other materials, is true and complete to the best of my knowledge and also constitutes authority to verify any and all information submitted on this application. I understand that any misrepresentation or omission of any fact in my application, resume or any other materials, or during any interviews, can be justification for refusal of employment, or, if employed, termination from the Company’s employ. The Company or its agents may seek to verify the information on this application. As such, I hereby authorize the Company or its agents to contact any former employer or any representative of any other organization to which I have made reference in this application, and I hereby authorize said employer and/or representative to provide information to the Company on my behalf. I also affirm that I have not signed any kind of restrictive document creating any obligation to any former employer that would restrict my acceptance of employment with the Company in the position I am seeking. I understand that this application is not an employment contract for any specific length of time between the Company and me, and that in the event I am hired, my employment will be “at will” and either the Company or I can terminate my employment with or without cause and with or without notice at any time. The Company may, at its sole discretion, hold in abeyance or revoke, amend or modify, abridge or change any benefit, policy practice, condition or process affecting its employees.

I acknowledge that I have read all of the above statements, and that I understand them.