Trade Support Analyst information
$14.90 - $18.66
9% of jobs
$22.19 is the 25th percentile. Wages below this are outliers.
$18.66 - $22.42
17% of jobs
$22.42 - $26.18
17% of jobs
The median wage is $27.64 / hr.
$26.18 - $29.94
19% of jobs
$29.94 - $33.70
11% of jobs
$34.95 is the 75th percentile. Wages above this are outliers.
$33.70 - $37.46
6% of jobs
$37.46 - $41.22
8% of jobs
$41.22 - $44.97
5% of jobs
$44.97 - $48.73
4% of jobs
$48.73 - $52.49
2% of jobs
$52.49 - $56.25
1% of jobs
Trade Support Analysts are professionals who ensure the smooth processing and settlement of financial trades within investment banks, asset management firms, or trading companies. They act as a vital link between traders, operations, and technology teams, handling trade confirmations, resolving discrepancies, and ensuring regulatory compliance. Their responsibilities also include managing trade breaks, monitoring trade flows, and providing timely support for trade-related queries. This role requires strong analytical skills, attention to detail, and a solid understanding of financial products and markets.
To thrive as a Trade Support Analyst, you need a solid understanding of financial markets, trade lifecycle management, and strong analytical skills, often backed by a degree in finance, economics, or related fields. Familiarity with trading platforms, order management systems (OMS), and proficiency in tools like Excel, Bloomberg, or FIX protocol is typically required. Attention to detail, effective communication, and the ability to work under pressure are crucial soft skills for this role. These skills ensure accurate trade processing, timely issue resolution, and seamless coordination between trading, operations, and technology teams.
Trade Support Analysts often face challenges such as resolving trade discrepancies under tight deadlines, managing high transaction volumes, and communicating effectively with multiple stakeholders, including traders, operations, and IT teams. Developing strong attention to detail, staying organized, and proactively prioritizing tasks are key to managing these pressures. Building strong relationships with front office and back office teams also helps in quickly resolving issues and ensuring smooth trade settlement.
Trade support analysts typically earn between $50,000 and $80,000 annually, depending on experience, location, and the complexity of the financial instruments they support. Entry-level positions may start around $45,000, while experienced analysts with specialized skills can earn over $90,000. Compensation often includes bonuses and benefits related to the financial industry environment.
A trade support analyst in New York City typically earns between $60,000 and $90,000 annually, depending on experience, certifications, and the employer. The role often requires strong knowledge of financial markets, trading platforms, and risk management tools. Salaries can vary based on the size of the firm and the complexity of the trading environment.
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