Equity Trader / Specialist
Company: Atria Wealth Solutions
Location: Syracuse
Posted on: March 20, 2023
Job Description:
Atria Wealth Solutions, Inc. (Atria) is a wealth management
solution holding company focused on delivering a clear path to the
future of financial advice for financial professionals, financial
institutions, and their clients. Headquartered in New York City,
Atria's broker-dealer and investment adviser subsidiaries empower
financial institutions and independent financial professionals with
a sophisticated set of tools, services, and capabilities that
deepen client relationships and maximize efficiencies in their
practices.
We are looking for an Equity Trader / Specialist to responsible for
the placing of all stock orders received from the representatives.
The position is responsible for providing representatives with
market information such as stock quotes, volume information, and
symbols.
Location: This position may be done HYBRID out of one the following
home office locations:
- Houston, TX: 11740 Katy Freeway, Energy Tower III Ste 600,
Houston, TX 77079
- San Diego, CA: 10150 Meanley Drive, San Diego 92131
- Syracuse, NY: 100 Madison Street, Syracuse 13202
The anticipated annual base salary range for this position is
$40,000 to $60,000. Exact compensation may vary based on skills,
experience, and location.
What you will do:
- Take stock trades in a professional and helpful manner.
- Provide current market information, and stock quotes to
advisors.
- Review intraday trading notifications for possible trade
problems such as wrong commission amount, dropped orders,
duplicated orders.
- Check firm accounts at the end of the day, and ensure each
account is flat.
- Assist advisors with historical pricing of equity
securities.
- Request pricing on un-priced securities.
- Correct equity and corporate action trade errors, and complete
error report.
- Investigate short positions.
- Notify advisors of expiring GTC orders.
- Review daily option contract adjustments and notify
clients/advisors contract adjustments.
- Send letters to advisors and their clients when adjustments
have been made to open GTC orders due to corporate actions.
- Run concentration report monthly, and forward to Compliance
Manager.
- Complete the time & sales portion of the OATS report on a daily
basis.
- Compile a daily equity trade blotter.
- Back-up UIT and Fixed Income Traders.
What you will process
- Execute Pershing equity trades on the Pershing system or with
appropriate Pershing trader.
- Review and process all brokerage equity and option trade
approvals.
- Process equity cancel rebills.
- Process Pershing short rebate report.
- Process all equity corporate actions instructions.
- Process cashless exercises for employee stock options.
- Processing request to link annuities to Pershing accounts.
- Contact advisors on option assignments to determine commission,
and if applicable update the trade.
- Process Portfolio Evaluation System (PES) and Special Product
Inclusion Accounts (SPIA) set up and updates.
- Process Cost Basis Adjustments requests.
What you bring:Must Haves+++
- FINRA Series 7
- Strong computer skills including Microsoft Office (Excel, Word,
Outlook) are a must as well as strong multi-tasking skills.
- Quick problem solving and prioritizing is essential.
- Strong oral and written communication skills. Ability to
communicate, both written and orally, clearly with reps, customers,
and other staff.
- Strong attention to detail, including the ability to identify
risk and when existing controls are not sufficient.
- Ability to adapt and work well within a fast-paced
environment.
- Self-motivated, with the ability to multi-task on a variety of
projects
Preferred+++
- Bachelor's degree in business, finance, or related field
preferred.
- Two years' experience on a trading deskWhy work at Atria?In
addition to a competitive salary, we provide a full benefits
package that includes:
- Medical insurance
- Dental insurance
- Prescription drug benefits
- Vision insurance
- Retirement savings 401(k) plan with matching
- Paid time off
- Paid holidays
- Critical illness insurance
- Veterinary pet insurance
- Employee assistance program
- Life insurance
- Short & long-term disability insurance
- Legal planAtria Wealth Solutions, Inc. (Atria) is a wealth
management solutions holding company focused on delivering a clear
path to the future of financial advice for financial professionals,
financial institutions and their clients. Headquartered in New York
City, Atria's broker-dealer subsidiaries empower financial
institutions and independent financial professionals with a
sophisticated set of tools, services, and capabilities that deepen
client relationships and maximize efficiencies in their
practices.Atria's broker-dealer subsidiaries include CUSO Financial
Services, L.P., Sorrento Pacific Financial, LLC, Cadaret Grant &
Co., Inc., NEXT Financial Group, Inc., Western International
Securities, Inc., and SCF Securities, Inc. Atria's subsidiaries
together support nearly 2,500 financial professionals and over 200
financial institutions with over $100 billion of assets under
administration. For more information, please visit
www.atriawealth.com.Atria Wealth Solutions and its affiliated
entities are equal opportunity employers that are committed to
diversity and inclusion in the workplace. We prohibit
discrimination and harassment of any kind based on race, color,
sex, religion, sexual orientation, national origin, disability,
genetic information, pregnancy, or any other protected
characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our
organization, including hiring, recruiting, promotion, termination,
layoff, recall, leave of absence, compensation, benefits, training,
and apprenticeship. Atria Wealth Solutions and its affiliated
entities make hiring decisions based solely on qualifications,
merit, and business needs at the time.It's time for the next step
in your career. Apply now.e9kF5XrGIP
Keywords: Atria Wealth Solutions, Syracuse , Equity Trader / Specialist, Accounting, Auditing , Syracuse, New York
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