Equity Trader / Specialist

Company: Atria Wealth Solutions, Inc.
Location: San Diego
Posted on: May 28, 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 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 desk Why work at Atria? In addition to a competitive salary, we provide a full benefits package that includes:
          • Medical insurance
          • 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 plan Atria 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. Are you willing to undergo a background check, fingerprinting and credit check, in accordance with local law/regulations?* Yes No Yes, and will need to provide additional information. Are you legally authorized to work in the United States?* Yes No Will you now, or in the future, require sponsorship for employment visa Status (e.g. H-1B visa status)?* Yes No What is the minimum salary you would require to accept a new position?* Do you hold a Series 7 license?* What Platforms have you used within the financial industry?* The following questions are entirely optional. To comply with government Equal Employment Opportunity and/or Affirmative Action reporting regulations, we are requesting (but NOT requiring) that you enter this personal data. This information will not be used in connection with any employment decisions, and will be used solely as permitted by state and federal law. Your voluntary cooperation would be appreciated. Learn more .

Keywords: Atria Wealth Solutions, Inc., San Diego , Equity Trader / Specialist, Accounting, Auditing , San Diego, California