FI Trader I is responsible for assisting the Senior Traders, and the greater team, in the consistent generation of positive revenue by buying or selling debt products to ultimate institutional buy-side customers, in a manner compliant with all relevant regulations and firm policies. The FI Trader I assists Senior Traders in establishing the bid and offer prices for customer inquiry, managing the risk metrics and P/L associated with positions, and marking-to-market positions every day. The FI Trader I is knowledgeable about the greater market, macro trends, needs of target clients and the Firm’s products and services.

ESSENTIAL DUTIES AND RESPONISIBILITES

• Responsible for pre-trade checks, including confirmation of positions, pricing and offering.
• Collaborates with Senior Traders with establishing the bid and offer prices for customer inquiry by leveraging his/her knowledge of the prevailing market, including electronic price data and modeling software.
• Assess the risk associated with positions by utilizing intra-day and end-of-day reports from internal trade capture and books-and-records systems.
• Manages P/L and marking-to-market positions daily with the Senior team.
• Reviews all securities transactions to ensure accuracy of information, as well as compliance with all applicable governing trade regulations.
• Assists with middle and backoffice operations reconciliation.
• Continually cultivates relationships with clients and engages with sales and research personnel daily.

QUALIFICATIONS

• Ability to effectively communicate macro market information to all levels of staff.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems in a timely manner.
• Ability to ensure necessary and relevant information is passed on to others in a timely and articulate manner.
• Skilled at developing, maintaining and strengthening partnerships with others inside or outside the organization who can provide information, assistance and support.
• Knowledge of principles and processes for providing excellent customer service that meets needs assessment and quality standards.
• Ability to multi-task and successfully perform in a fast-paced environment.

EDUCATION AND EXPERIENCE

• Minimum Required: Bachelors’ degree or equivalent in related
• Minimum Required: 3-5 years of Industry experience such as internships, financial services related experience
• Experience with loans and agent securities required.

LICENSES AND CREDENTIALS

• Minimum Required: SIE, Series 7 & 63 required within 6 months of hire.

SYSTEMS AND TECHNOLOGY

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook.
• Industry standard trade capture and risk management systems.
• Proficient in Bloomberg TOMS trade capture and position management system.
• Proficient in In-house data distribution and archiving systems.

Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success – and 26 years of continual growth – is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.