Job Summary
- The Position Holder is responsible for handling both proprietary, and clients’ equity trading transactions with the aim of profitably building the company’s market share of equity trading transactions in the market, whilst maintaining excellent service levels in trade execution.
Key Responsibilities
- Develop Proprietary Models: Build equity model portfolios, including proprietary models, and regularly develop investment strategies based on capital market expectations as well as current trends/themes.
- Execute Clients’ Mandates: Execute client instructions with respect to either buying new stock or selling existing stock.
- Proprietary Trading: Profitably manage firm’s proprietary equities trading book.
- Regulatory Environment: Should have deep understanding and continuous development of rules and regulations of the NSE, SEC, NASD and operations of market infrastructure.
- Support Business Development: Development and review of business development proposals for quoted equities mandates for both current and prospective customers.
- The Position Holder is also responsible for preparing sales pitches and provide investment advisory & timely information, in general, to clients.
- Market Presentations: Preparing and making regular presentations on the economy, industry trends, portfolio performance and market outlook to Management, Investment Management Committee, institutional clients etc.
- Market Intelligence: Undertakes intelligence gathering on quoted equities for viable trade ideas for clients. Produces useful reports for both investment activities and investment advisory services.
- The Position Holder is also responsible for assisting with packaging economic and stock research for dissemination via Bloomberg and other portals.
- Portfolio Monitoring: Constant reviewing of the asset allocation of assigned HNI equity accounts.
Requirements
- Bachelor’s degree from an accredited university.
- Relevant professional qualification e.g. Chartered Institute of Stockbrokers
- Minimum of 6 years of cognate experience.
- Prior experience in equity sales, trading, or a related field, such as investment banking or research
- In-depth understanding of equity markets, trading strategies, and market dynamics.
