What are the responsibilities and job description for the Trading Assistant position at Augment Jobs?
Job Title: Trading Assistant
Job Summary
The Trading Assistant supports the trading desk by managing and executing administrative tasks, facilitating trade settlements, and providing real-time market data analysis. This role involves assisting traders with trade execution, maintaining accurate trade records, and ensuring compliance with regulatory requirements. The Trading Assistant is a key player in ensuring the smooth operation of trading activities and requires strong analytical, organizational, and communication skills.
Responsibilities
Job Summary
The Trading Assistant supports the trading desk by managing and executing administrative tasks, facilitating trade settlements, and providing real-time market data analysis. This role involves assisting traders with trade execution, maintaining accurate trade records, and ensuring compliance with regulatory requirements. The Trading Assistant is a key player in ensuring the smooth operation of trading activities and requires strong analytical, organizational, and communication skills.
Responsibilities
- Assist traders in the execution of trades, including order entry, confirmation, and settlement processes.
- Monitor and analyze real-time market data to support trading decisions.
- Reconcile daily trades, ensuring accuracy in trade records and resolving any discrepancies.
- Manage administrative tasks such as preparing trade documentation, maintaining trading systems, and updating internal databases.
- Ensure all trading activities comply with regulatory requirements and internal policies.
- Coordinate with brokers, counterparties, and other stakeholders to facilitate smooth trade execution.
- Prepare daily, weekly, and monthly reports on trading activities and market conditions.
- Monitor risk exposure and assist in implementing risk management strategies.
- Support the trading desk's technology needs, including troubleshooting systems and software.
- Assist with special projects and initiatives as assigned by senior traders and management.
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Previous experience in trading, finance, or a similar role is preferred.
- Proficiency in trading platforms, financial software, and Microsoft Office Suite (especially Excel).
- Strong analytical and quantitative skills, with the ability to analyze market data and trends.
- High level of accuracy and attention to detail in trade execution and record-keeping.
- Excellent written and verbal communication skills, with the ability to interact effectively with traders and external partners.
- Strong organizational and time-management skills, with the ability to multitask and prioritize in a fast-paced environment.
- Ability to work collaboratively in a team setting.
- Flexibility and willingness to work in a dynamic and sometimes high-pressure environment.
- Strong sense of ethics and professionalism in handling sensitive financial information.
