The Opportunity
We’re looking to hire a Brokerage Trader for the Trading team at MassMutual. You’ll be responsible for executing trades, while minimizing the company’s financial exposure. You’ll ensure trading procedures are properly executed and that compliance policies are followed. You’ll respond to complex questions from management, clients, sales representatives and firm personnel regarding trades, securities and administrative procedures.
The Team
The MMLIS Trading team is collaborative, well-synched and communicates closely to support each other. There is rapport, efficiency and humor embedded in the team with a diverse group of individuals that provide mentorship and collaboration across all levels. The team excels in agility, business acumen, communication, and leadership.
The Impact:
As a Brokerage Trader your responsibilities will included, but not limited to the following:
Accepts large and complex trades from sales personnel and executes and reports trades in a timely mannerReviews trade execution reports on a daily basisStays abreast of changes in the industry and shares knowledge with the field and the departmentAssists with audit reviews and completes complex projects as assignedOversees the processing of daily functions and completes departmental reportsPerforms other duties as required or assignedThe Minimum Qualifications
Bachelor’s degree2+ years of financial services experience1+ year of experience working with excelFINRA Series 7 at time of applicationFINRA Series 63 at time of application or ability to obtain within 90 days of hireThe Ideal Qualifications
2+ years of trading desk experienceDetailed product/trading knowledge of Mutual Funds, Equities and OptionsA demonstrated understanding of regulatory requirements and standards as relates to trade reporting across regulatory agencies: FINRA, MSRB, SEC.Excellent written and oral communication, with strong presentation and interpersonal skills to effectively work with internal and external partners.What to Expect as Part of MassMutual and the Team
Regular meetings with the Trading team Focused one-on-one meetings with your manager Access to mentorship opportunities Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups Access to learning content on Degreed and other informational platforms Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits#LI-BC1
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. EEO Statement (Opens in new window)
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $74,300.00-$97,500.00