Director of Trading

Company: First Republic Bank
Location: New York
Posted on: February 26, 2021

Job Description:

Trading Associate - Sell Side Execution Trader At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You'll always feel empowered and valued here.
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Incredible teams doing exceptional work, every day
The Director, Trader will work alongside a growing boutique trading desk, for the primary role of controlling risk and responsibility for order handling and execution of equity, options and mutual funds.
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The trader will work alongside the VP Traders in the servicing of three core business lines:
- Internal Wealth Managers located in field offices across the nation
- External RIA trading desks
- Internal RIA trading desk of First Republic Investment Management
- Internal Self-Directed client service desk Duties and Responsibilities Common goals, uncommon potential
The desk primarily executes with multiple external counterparties for both equities & options, in both high touch and low touch capacity, as well as their custodian Pershing LLC.
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The Trader may liaise with middle and back office support groups in various locations and will be proactive within the entire investment community to be a reliable source of information for the Wealth Managers & Client Service Associates.
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We are looking for someone with a strong work ethic, high integrity and deep knowledge of sell side trading; this includes applicable regulations, requirements, an analytical and meticulous mindset, and an ability to thrive in a collaborative work environment.
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What you will do as Director - Trading:
- Daily order handling and execution in Equities, (domestic, international, preferred stocks, ETFs, penny stocks, warrants, etc.) Options (single leg, combinations, complex orders).
- Monitoring the markets and communicating in real-time, market color to the field of internal Wealth Management teams. Proactive communication to the Wealth Manager teams with regard to current orders, strategy, and future
- Great communication and servicing skills are required for each of the lines of
- The role will require the candidate to successfully balance incoming phone calls, email correspondence, instant messaging as well as verbal communication with colleagues and internal
- Participate in the daily management & execution of any 10b5-1 insider trading
- Creative ability to manage projects & support managerial efforts including preparation & presentation of data - as needed by
- Lead and manage special projects as they arise on behalf of the manager. Qualifications You could be a great fit if you have:
- BA/BS in Finance or related field recommended, plus 3-5-years of equity & option trading experience.
- Fluent in both Equity and Option
- Comfortable with Equity algo trading
- Comfortable with use of Bloomberg or TRAFiX
- Strong communication skills, organizational skills, and ability to
- Proficient in Microsoft Office including Word, Outlook, and Excel
- Series 7, 63 required & 4 recommended
Own your work and your career - apply now
Are you willing to take initiative and make decisions? Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.
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We want hard working team players. You'll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability-that's the First Republic way. Come join us!
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This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization. The Company is an equal opportunity employer. In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.
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First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA. To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws. We're always on the lookout for top talent and are adding new jobs every week. First Republic Bank is committed to a policy of equal employment opportunity for all employees and applicants for employment, without regard to race, color, religion, sex, pregnancy, childbirth, sexual orientation, gender identification, national origin, ancestry, age, marital status, physical or mental disability, medical condition, genetic information, citizenship status, veteran status or any other legally protected category, in accordance with applicable federal, state and local law. Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender Investment Advisory services are provided by First Republic Investment Management, Inc. Trust services are provided by First Republic Trust Company and First Republic Trust Company of Delaware LLC. Brokerage services are offered through First Republic Securities Company, LLC, Member FINRA / SIPC . Insurance services are provided through First Republic Securities Company, DBA Grand Eagle Insurance Services, LLC, CA Insurance License # 0I13184, and First Republic Investment Management, DBA Eagle Private Insurance Services, CA Insurance License # 0K93728. Investment, Insurance and Advisory Products and Services, and Foreign Exchange Transactions, are Not FDIC Insured or Insured by Any Federal Government Agency, Not a Deposit, Not Bank Guaranteed and May Lose Value.

Keywords: First Republic Bank, New York , Director of Trading, Executive , New York, New York