Equity And Options Trader

The Equity & Options Agency Trader will play a key role in ensuring that all client and block trade orders are executed efficiently, accurately and in compliance with all industry and company regulations. The ideal candidate will have experience determining best execution prices, providing guidance to financial advisors and helping to ensure successful completion of team projects.

Key Responsibilities

• Responsible for the effective execution of Institutional Block & Retail Equity/ETF/Option order flow across Ameriprise Brokerage and Advisory platforms

• Leverage knowledge of equity & option market structure, security products, SEC & FINRA Regulations, execution analytics, complex trading strategies and risk management techniques when handling order flow

• Quickly assess differing order characteristics and financial risk profiles against current market dynamics, achieving Best Execution objectives

• Proactively provide market color and liquidity sourcing strategies to advisors and institutional customers that enhance opportunities to achieve best execution

• Provide direction and oversight to resolve complex trading and settlement issues

• Assist with direction and support of Trading Assistants as needed

• Participate in ad-hoc and ongoing projects as needed

Required Qualifications

• Bachelor's degree or equivalent experience

• 3+ years of relevant experience, including at least 1 year of Equity Trading experience, on a trading desk.

• Thorough understanding of the financial markets with emphasis on Equity, ETF and Option Trading

• Thorough understanding of Institutional/Block trading with large portfolio rebalancing including handling ETF Risk Creation & Redemption/Basket transactions. Experience trading Stocks, Exchange Traded Funds & Notes, Options, Preferreds, Rights and Warrants

• Ability to perform in a highly stressful, time sensitive, and regulated environment

• Experience working with trading/order management systems and applications

• Ability to understand and follow regulatory and internal compliance guidelines

• Strong understanding of the differing market structures and variables which impact pricing for each

• Ability to work with limited direction and make quick decisions

• Ability to handle difficult communications with advisors and provide effective issue resolution

• Ability to build and maintain strong, positive relationships and influence others without having direct leadership accountability

• Active Series 7

• Active Series 63/66

• Active Series 55 or 57

Preferred Qualifications

• Knowledgeable of the Beta Host, ThomsonOne, FactSet, TradeWeb, Bloomberg, and Valdi NGO applications

• Strong Excel, macro creation/utilization, and overall analytic abilities

About Our Company

We're a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Business Support & Operations

Line of Business

CLEAR Clearing