Sales Trader Job Description
Sales trader
provides backup to the Team by executing derivatives trades (ie futures, swaps & options) on behalf of the Global Products Trading teams in coordination of the global risk management strategy.
Sales Trader Duties & Responsibilities
To write an effective sales trader job description, begin by listing detailed duties, responsibilities and expectations. We have included sales trader job description templates that you can modify and use.
Sample responsibilities for this position include:
Coverage of European and US markets
Execution of stock & listed cash equity orders for clients
Understand market dynamics in stock execution
Assist in supporting other product execution, including FX, Commodities & fixed income
Contributing to the growth of the business via the identification of new trade opportunities and counterparties
Provide seamless execution across FICC asset classes, including bonds, FX, interest rates, and credit products
Educate PWM Advisors and their clients about FICC products and investment opportunities
Work closely with trading, capital markets, research, economics, and market strategy professionals within FICC to respond to client needs
Provide market commentary and consolidate GS research views for both internal and external distribution
Recommend investment ideas based upon client’s investment objectives, overall portfolios, relevant market exposures and relative value considerations
Sales Trader Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Sales Trader
Typically a job would require a certain level of education.
Employers hiring for the sales trader job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Education, Economics, Business, Management, Business/Administration, Trades, Accounting, Financial Services, Engineering
Skills for Sales Trader
Desired skills for sales trader include:
Bloomberg would be highly-regarded
Foodservice segments
PACA Law
Retail
Risk management
Technical and operational procedures in a global institutional equity trading environment
Wholesale
Aspects of equity sales/compliance
Futures & options market
Retail and business partner pricing competitive
Desired experience for sales trader includes:
A good team player, able to manage cross-functional teams
Suitable backgrounds include professionals who have experience in executing stock orders in a brokerage or financial institutions
The successful candidate will be an ambitious and dynamic individual with a natural sales ability, possess excellent communication/interpersonal skills and have a proactive working style
Ideal candidates will have Capital Markets experience in a sales or trading capacity
Equities experience is required
Strong numerical, verbal and written communication skills excellent computer literacy
Sales Trader Examples
1
Sales Trader Job Description
Job Description Example
Our innovative and growing company is hiring for a sales trader. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for sales trader
- Execute equity products including cash and algorithmic trading
- Planning and executing the marketing strategy for cash equities
- Identifying and maintaining key client relationships
- Daily outbound/inbound sales calls to clients
- Organising and presenting to both investors and brokers
- Maintaining the website and daily newsletter
- Communicating with traders/sales/management teams in the region
- He manages the risks of each transaction for clients and counterparties, but also for the Bank (checking of client identification, banking account control …)
- He guarantees the good transactions execution (negotiation with clients and counterparties, execution on the markets and pricing) while respecting process within MFS Luxembourg
- Greeting guests, determining needs, sharing product knowledge, adding on to sales and taking customer special orders
Qualifications for sales trader
- Interest in capital markets, prior experience preferable but not required
- Ability to interact with and build relationships with people of diverse backgrounds
- 3 -5 years sales trading experience covering Canadian institutional and hedge fund clients from an equity platform
- Experience in transacting in cash and derivative markets
- Experience with OTC transactions, Swaps and ISDA documentation a plus
- Toronto based relationships required
2
Sales Trader Job Description
Job Description Example
Our company is growing rapidly and is looking for a sales trader. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for sales trader
- Opening and closing of register, ringing sales, processing coupons, discounts, gift wrapping
- Maintaining records of promotions and damages incurred during shift
- Participating in preparation for annual inventory
- Restocking merchandise and cleaning of store
- Assisting in maintenance of store displays as directed by management
- Native English and native Mandarin
- Stock markets knowledge is preferred
- Prospecting via phone, e-mail and other medium
- Coverage of the Japan flow and financing business and Japanese and international clients coverage
- P&L profitability management
Qualifications for sales trader
- Proactive personality with ability to learn quickly
- Keeping abreast of market developments and product innovations
- Comprehensive understanding of the US markets
- A relevant university degree, in addition to CSC, CPH, Series 7 and 63
- 4+ years in industry experience
- Proficient in other NTSI products and
3
Sales Trader Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of sales trader. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for sales trader
- Demonstrates a deep understanding of risk management with brokers to limit bad debt exposure
- Trade HK listed high touch flow
- Provide market insight and colour
- Take sensible discretion on overnight trades
- The successful candidate will have a strong trading ability, market knowledge and will engage with the Sales traders, providing content and trading suggestions
- She or he should be able to take discretion on overnight trades, working on behalf of clients not looking at the market live
- Trading and execution of the ETF product across different asset classes
- Originate, develop, and maintain client relationships resulting in client satisfaction and increased revenues
- Work closely with the Trading desks/partners on risk
- Agency trade execution and market color
Qualifications for sales trader
- Communication skills (fluent in English, Mandarin, Cantonese)
- Quick-minded and detail-oriented
- Completion of CSC, CPH, and Traders Training Course
- Possess strong numerical, verbal and written communication skills excellent computer literacy
- Minimum 3 year Japanese Equity Sales Trader experience in Investment bank based in Japan
- Execution experience across high touch and Electronic business
4
Sales Trader Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of sales trader. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for sales trader
- Work with other members of the sales trading and research teams to generate ETF trading ideas
- Create and maintain customer account information
- Increase trading/visibility with the portions of the market that are currently not covered by desk
- Work closely with Support functions such as ITEC, OPER, Compliance, etc
- Responsible for developing and managing Asian Program Trading offerings with institutional & hedge fund clients
- Management of strategic relationships with external / Internal brokers and Customers
- Coordinate & manage the pre and post sales service to customers
- Develop relationships with existing and new clients
- Develop deep knowledge of client’s needs and requirements
- Work closely with clients Investment team, presenting Execution Service and advise clients on Trading strategies, transaction opportunities
Qualifications for sales trader
- Good revenue analysis
- Manage daily relationships with clients to ensure all Prime Brokerage, Matched Book & Event Driven and other client demand is satisfied
- Promote and conduct any other appropriate financing business with clients, such as distribution of assets and structured financing solutions
- Enjoy working with all types of people
- Covering Banks institutional clients – options / volatility trading pricing
- Marketing Equity / Option trading ideas to clients
5
Sales Trader Job Description
Job Description Example
Our innovative and growing company is looking for a sales trader. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for sales trader
- An outgoing and energetic personality with a “can do” attitude
- Participate in intra- and inter- departmental working groups, missions, and other initiatives aiming to structure and deliver financing and debt management solutions to Bank borrowers
- Develop and maintain relationships with banks, swap counterparties, sovereign and sovereign-guaranteed borrowers, including debt management offices of borrowing member countries
- VBA development for several projects for the QES Group
- Development of Transaction Cost Analysis (TCA) reporting tools for QES client base
- General assistant to QES London Team
- Cover domestic clients (HF, AM, Bank, Insurance Company)
- Execute multi product including cash equity, ETF (equity, credit, loan, commodity), option, future, swap, structured fund (yen & non-yen)
- Drives and negotiates broker sales and inventory purchases
- Manages inventory channels and allocates product to deals all in alignment with inventory goals
Qualifications for sales trader
- Analysis and spreadsheet manipulation to enhance automation and efficiencies
- Ideally candidate would have 2-3years experience in options markets, or cash equity markets
- Must have excellent communication and excel skills, and be keen to learn all aspects of our Australian derivative and cash equity franchise, from servicing clients to booking trades, executing listed options on ASX
- Great role for a motivated hard worker to quickly establish themselves as a crucial member of the Australian Equities/Derivatives business
- Client marketing experience
- Must be fully bilingual in Portuguese and English