Trading Desk Assistant Jobs (NOW HIRING)

EQUITY OPTION MIDDLE OFFICE / TRADE DESK SPECIALIST

Location: This is a remote position.

Job Description: Support the firm’s equity & option outsourced trading desk to ensure compliance with applicable regulatory and risk management. This position reports directly to the Head of Trading. The firm  has 3 Clearing firms and offers its Customers DMA via multiple Order management systems. Candidate should understand the workflow between these systems including the ability to troubleshoot issues when they arise.

This list represents some of the duties to be performed by candidate

·         Daily Middle Office review- Trade settlement and Reconciliation for client and firm accounts. Review of pending fails/unaffirmed trades.  Review of clearing firm Margin or Risk calls.

·         Real-time review of OMS trade blotters and post trade analysis with regards to risk management.

·         Liaison between trade desk and clearing firm operational units including  P&S, Settlements, Risk

·         Research, document and process post trade corrections, report issues to management that involve market risk.

·         Basic knowledge of Finra CAT/CAIS portal, including the ability to review, effectively communicate with third party vendors, and resolve any opened issues.

·         Work collaboratively with cross-functional teams as needed (e.g., Legal, Compliance, Operations, Finance and third-party vendors.

·         Perform various administrative and research tasks as directed by the Head of Trading.

Job Requirements: The successful candidate will have the following attributes:

·         Minimum 3 years of relevant broker-dealer experience on an equity and option agency trading desk.

·         Able to perform tasks in a fast-paced environment with minimal supervision. Strong Computer and Excel skills.

·         Active Series 7 registration. Must be willing to take Series 56 and 24.

·         Strong and effective communication skills via (Phone, Email, and Messenger) in addition to organizational skills as this position demands attention to detail.

Compensation: Commensurate with Experience.

Available Benefits

Medical, Dental and Vision insurance available. Self-Directed 401K Plan

How to contact us. Please email a cover letter with salary requirements and your resume.

No Calls, Please. All Inquiries Kept Strictly Confidential.

About Celadon. Our clients include broker-dealers and other financial institutions, hedge funds, investment advisors, pension plans, family offices, professional traders, high-net-worth investors, public and private companies and charitable organizations.

•           Agency Trade Execution. Our core mission is to act as an “outsourced” trading desk and facilitate agency transactions for institutional clients.

•           Listed Options. While our traders have substantial experience with every asset class, we have particular expertise in Options. The desk is available to execute, or assist with, complex options strategies.

•           Prime Brokerage. We offer custodial, RVP and DVP accounts.

•           Direct Market Access. Celadon provides qualified clients with broker-neutral execution platforms from Refinitiv and Sterling coupled with a complete suite of next generation algorithms and trading tools.

•           Fixed Income. Celadon’s fixed income division executes orders in Corporates, Agencies, Treasuries, Municipals, and Asset-Backed Securities for our institutional and high net-worth clients, as well as for other broker-dealers.

•           Municipal Underwriting. Celadon is a member of the municipal underwriting syndicate managed by Robert W. Baird & Co., one of the largest municipal underwriters in the U.S. As a co-underwriter, Celadon has full participation rights to a highly sought-after inventory of new municipal issues.

•           Capital Markets. Celadon has developed a negotiated project finance placement business that sources, structures, originates and places Bond Anticipation Notes in the infrastructure sector such as solid waste, energy, dock and wharf, and other project finance transactions that ultimately are refinanced as tax-free municipal securities. Our institutional underwriting and sales team works with institutional clients including insurance companies, mutual funds, investment advisors, banks, and trust companies.

•           Private Securities Transactions. Celadon specializes in matching buyers and sellers of non-exchange traded products, usually warrants but can include restricted shares, contingent value rights, convertibles, and shares in private (pre-IPO) companies.

•           Futures Trading. Celadon offers futures trading utilizing a variety of EMS platforms.