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Job Title: TRADER
Job Location: NJ: Jersey City
Pay Rate: Open
Job Length: full time
Start Date: 2008-09-19
Company Name: RBC Financial Group
Contact: Recruiter
Phone: email only please
Fax: email only please
Description: TRADER
Posting Start Date: July 2 2008 Job Category: Trading
Job Type: Full-Time
Employment Type: Regular - U.S.
Pay Type: Commissioned Sales /tr Exempt/ Non-Exempt: N/A
Work Schedule:
Work Hours/ Week: na
People Manager: No
Posting End Date: September 19 2008 Legal Entity: RBC Capital Markets Corp.
Work Environment: Office
Location: New Jersey
City: Jersey City Office/ Branch Address: 15 Exchange Plaza Relocation Provided: No
Travel Percentage: 0
Fluent In: English
Req ID#: 92852
Position Purpose: PURPOSE: . Act on behalf of the firm as a Proprietary position Trader and Market Maker . Maintain responsibility of assigned trading account on a daily Basis . Maintain Integrity and reputation of the Firm while interacting with clients, staff and vendors . Uphold standards of company in all actions and transactions Key Accountabilities: KEY RESULT AREAS: . Maintaining responsibility of a Firm Trading Account on a daily basis . Represent the Firm as a Market Maker in a list of securities/instruments in various marketplaces . Directly responsible for consistently producing revenue/profits under all market conditions . Responsible for watching/following each security/instrument in their prospective accounts while supervising assigned assistant(s) . Risking firm capital on a daily basis in order to facilitate the trading of a firm trading account. . Interacting with competition in a savvy, professional manner . Facilitating firm customer/client order flow on a continual basis . Handling customer inquiries, concerns trade problems and potential errors on a real-time basis . Following all firm procedures and regulations; moreover, reporting any violations of such procedures and/or regulations to management . Filing timely reports to Management whenever necessary or otherwise required . Remaining prudent and professional when conducting themselves with firm personnel . Maintain time-sensitive with regard to news in the marketplace . Always remain fully compliant with all industry rules and regulations . Mentor, train and report progress of Assistant to Management on regular basis Job Requirements: (Knowledge/ Experience): . Strong in business and computational skills . Series 7, 63, 55 required 24 a strong plus . Strong in all skills required of Assistant Trader . Ability to Multi-Task . Ability to assess and prioritize risk . Interpret and apply news, reports, filings and events on a constant basis . Ability to react efficiently and immediately to fluctuations in market conditions . Able to comprehend information with purity and diligence . Able to constantly re-invent themselves due to market trends and or changes . Must represent themselves, their peers, their assistant(s) the firms customers/clients and the firm with the utmost pride, professionalism, courtesy and respect in all dealings
KEY LATERAL RELATIONSHIPS: . Assistants and Equity Traders . Customers-other Broker/Dealers . Competitors as facilitating trades . Vendors on an as needed basis . Compliance/Back Office/other internal departments UNITS SUPPORTED/KEY STATISTICS: . Equity Trading . Compliance . Back Office Required Skills/ Competencies/ Attributes: Education: BA/BS Required Accreditation(s): Special Conditions: na Diversity: Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best - put clients first. EOE/M/F/D/V About RBC: Interested in finding out more? Clickhere.
Please refer to Job code rbc-243854 when responding to this ad.
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