Trader - Investment Companies - Associate / Vice President - London

  • Competitive Base & Bonus
  • London, England, United Kingdom
  • Permanent, Full time
  • Jefferies
  • 30 Nov 17 2017-11-30

Jefferies investment companies is one of the leading corporate advisory, primary issuance and secondary trading platforms in London. The Team benefits from a strong balance sheet evidenced by our #1 ranked trading market share across many listed investment companies. The team currently consists of 13 professionals dedicated to Investment companies including Traders, Sales Traders, Salesman, Corporate Finance. Market Maker in Investment Company stocks – making/quoting prices & managing risk effectively.

Company

Jefferies, the global investment banking firm, has served companies and investors for over 50 years. Headquartered in New York with its European head office in London and staff in over 30 global cities, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, and wealth and asset management. Jefferies provides research and execution services in equity, fixed income, foreign exchange, futures and commodities markets, and a full range of investment banking services including underwriting, merger and acquisition, restructuring and recapitalisation.

Team

Jefferies investment companies is one of the leading corporate advisory, primary issuance and secondary trading platforms in London. The Team benefits from a strong balance sheet evidenced by our #1 ranked trading market share across many listed investment companies.

The team currently consists of 13 professionals dedicated to Investment companies including Traders, Sales Traders, Salesman, Corporate Finance

Role

Market Maker in Investment Company stocks – making/quoting prices & managing risk effectively.

Key Responsibilities

The key responsibilities are:

  • Execution of institutional clients’, retail brokers’ and wealth management clients’ orders
  • Negotiation of trades with clients via telephone, Bloomberg chat, e-mail or a combination
  • Monitoring of live orders and fills to ensure best execution for clients
  • Use of RSPs, dark pools and IOIs
  • Compliant use of the firm’s Capital
  • Liaising with sales, research and market makers of the Investment Companies Team
  • Interaction with large and mid-cap equity sales traders
  • Liaising with middle and back office
  • Assisting with preparation of daily bid/offer list and distribution to clients
  • Communication of flow business to clients via voice broking and electronic systems to match buyers and sellers.
  • Participation in daily and weekly team meetings and discussions as required
  • Client (broker dealer) entertainment as required to strengthen relationships with dealers at member firms and other buy side clients


Person Specification

The following skills and experience are required for this role:

Qualifications & skills

  • FSA CF30 or equivalent
  • Authorised to deal in Equities
  • Ability to comply fully with Jefferies compliance and risk policies
  • Advanced Skills in Excel

Experience

  • Previous experience in equity trading/market making role
  • Knowledge and experience of closed end funds
  • Existing relationships with the broker dealers of member firms and dealers at private wealth firms