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Trading Assistant Jobs in Michigan (NOW HIRING)

... * Assist in the development of mortgage trading strategies meant to maximize profits while reducing risk * Identify and share process improvements for pipeline management and trade execution ...

Site Manager

Ann Arbor, MI · On-site

$90K - $110K/yr

Serves as a technical point of contact for customers and trades * Assist with prioritizing and assigning installation tasks to the trades * Participate in commissioning meetings * Develop customer ...

Site Manager

Ann Arbor, MI · On-site

$90K - $110K/yr

Serves as a technical point of contact for customers and trades * Assist with prioritizing and assigning installation tasks to the trades * Participate in commissioning meetings * Develop customer ...

Intern - Spring 2027 (Detroit)

Detroit, MI · On-site

$14.75 - $19.75/hr

... trades. * Assist with communication to Trades and subcontractors to understand and track job schedules. * Assist with monitoring contractor compliance with Turner's safety program, as directed ...

Intern - Summer 2027 (Detroit)

Detroit, MI · On-site

$14.75 - $19.75/hr

... trades. * Assist with communication to Trades and subcontractors to understand and track job schedules. * Assist with monitoring contractor compliance with Turner's safety program, as directed ...

Intern - Fall 2026 (Detroit)

Detroit, MI · On-site

$14.75 - $19.75/hr

... trades. * Assist with communication to Trades and subcontractors to understand and track job schedules. * Assist with monitoring contractor compliance with Turner's safety program, as directed ...

Intern - Summer 2027 (Detroit)

Detroit, MI · On-site

$14.75 - $19.75/hr

... trades. * Assist with communication to Trades and subcontractors to understand and track job schedules. * Assist with monitoring contractor compliance with Turner's safety program, as directed ...

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Showing results 1-20

Trading Assistant information

See Michigan salary details

$12

$31

$43

How much do trading assistant jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for trading assistant in Michigan is $31.85, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $40.24 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Trading Assistant, and why are they important?

To thrive as a Trading Assistant, you need strong analytical abilities, attention to detail, and a background in finance, mathematics, or economics, often supported by a relevant degree. Familiarity with trading platforms, market data systems (like Bloomberg or Reuters), and proficiency in Excel or programming languages such as Python is highly valued. Exceptional communication skills, adaptability, and the ability to work well under pressure help individuals excel in this fast-paced role. These skills and qualities are crucial for supporting traders effectively, ensuring accurate trade execution, and minimizing operational risks in dynamic financial markets.

What Does a Trading Assistant Do?

A trading assistant is similar to an apprentice. Their primary duties include working closely with a certified trader to learn how to sell financial products on behalf of their clients, manage risks, and provide general assistance to the trader. Trading assistants also run errands for traders, such as getting lunch or coffee. Typically, a trading assistant works for a period of up to two years with a trader to amass the knowledge and skills necessary to become a full-time trader. Once they are ready to become a full-time trader, they need to take the Series 7 and Series 63 exams to become licensed.

What are Trading Assistants?

Trading Assistants are professionals who support traders in financial firms by handling administrative tasks, monitoring market data, executing trades as directed, and ensuring that transactions are properly recorded. They often serve as the link between traders, clients, and back-office teams to facilitate smooth trading operations. Their work is crucial for maintaining efficient workflow, managing risk, and ensuring regulatory compliance in fast-paced trading environments.

What are some common challenges Trading Assistants face when supporting traders, and how can these be managed effectively?

Trading Assistants often need to manage high-pressure situations, such as rapidly changing market conditions and urgent requests from traders. Balancing multiple tasks—like trade booking, reconciliations, and data entry—requires excellent organizational skills and attention to detail. Effective communication with traders, compliance teams, and operations is key to preventing errors and ensuring smooth trade execution. Proactively learning trading systems and keeping up-to-date with market protocols can help Trading Assistants navigate challenges more efficiently.
What are the most commonly searched types of Trading jobs in Michigan? The most popular types of Trading jobs in Michigan are:
What are popular job titles related to Trading Assistant jobs in Michigan? For Trading Assistant jobs in Michigan, the most frequently searched job titles are:
What cities in Michigan are hiring for Trading Assistant jobs? Cities in Michigan with the most Trading Assistant job openings:
What are popular job titles related to Trading Assistant jobs in MI? For Trading Assistant jobs in MI, the most frequently searched job titles are:
Infographic showing various Trading Assistant job openings in Michigan as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, 1% Temporary, and 3% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $66,245 per year, or $31.8 per hour.
Capital Markets Trader

Capital Markets Trader

Rocket Mortgage, LLC

Detroit, MI • On-site

Full-time

Posted 29 days ago


Rocket Mortgage rating

8.4

Company rating: 8.4 out of 10

Based on 59 frontline employees who took The Breakroom Quiz

33rd of 148 rated financial services


Job description

As the Trader II, you'll exhibit elevated proficiency in mortgage trading, with a specialization in whole loan trading. This role is responsible for supporting the execution and optimization of trading strategies, assisting with loan aggregation, pool formation, price discovery, and proactively identifying market opportunities. You'll serve as a vital knowledge resource for more junior team members and collaborate closely with internal stakeholders to enhance team performance and execution quality.
About the role
  • Execute sales of mortgage loan pools using established mortgage trading strategies meant to maximize profits while reducing risk
  • Monitor and manage our pipeline of loans not yet sold
  • Create, maintain, and deepen relationships with buyers, investors, and trading counterparties, escalating complex issues as needed
  • Prepare reports detailing profits and losses of executed trades
  • Assist in the development of mortgage trading strategies meant to maximize profits while reducing risk
  • Identify and share process improvements for pipeline management and trade execution efficiency
  • Explore new mortgage loan sale opportunities
  • Support the development and launch of new mortgage products
  • Regularly communicate emerging market dynamics and valuation trends to team members and other business areas
  • Represent the trading team in projects and meetings and provide subject matter input on whole loan product structure and execution issues to trading and cross-functional teams
  • Mentor and coach other team members on core trading tasks, whole loan concepts, and operational best practices

About you
Minimum Qualifications
  • 3 years of experience in financial services, capital markets, or mortgage trading, with hands-on exposure to mortgage-backed securities and/or whole loan transactions
  • Bachelor's degree in finance, economics, business management, or equivalent experience
  • Advanced analytical and logical reasoning skills, especially as applied to trading and asset valuation
  • Proficiency in spreadsheet software, financial modeling, and basic data visualization
  • Demonstrated knowledge of structuring, pooling, and whole loan pricing conventions
  • Experience collaborating cross-functionally with business partners

Preferred Qualifications
  • Experience in executing trading strategies for mortgage whole loans including servicing released/retained, bulks, forward, flow, and private-label securitization
  • In-depth understanding of mortgage loan pricing, bond pricing, and fixed income market dynamics
  • Deep familiarity with mortgage product types, investor guidelines, and whole loan sale execution processes
  • Understanding of primary and secondary mortgage market dynamics, as well as key regulatory considerations impacting mortgage trading
  • Capacity to coach and mentor other team members

What you'll get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We've got your back. Check out our full list of Benefits and Perks.
About us
Rocket Mortgage® was founded in 1985. Today, we're a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We're known as experts in the mortgage industry, but we're also innovators - we strive to create the best experiences for our clients from beginning to end. And we're not your typical employer. We're insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com.

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