Brokerage Trader
MassMutual
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 manner
- Reviews trade execution reports on a daily basis
- Stays abreast of changes in the industry and shares knowledge with the field and the department
- Assists with audit reviews and completes complex projects as assigned
- Oversees the processing of daily functions and completes departmental reports
- Performs other duties as required or assigned
The Minimum Qualifications
- Bachelor’s degree
- 2+ years of financial services experience
- 1+ year of experience working with excel
- FINRA Series 7 at time of application
- FINRA Series 63 at time of application or ability to obtain within 90 days of hire
The Ideal Qualifications
- 2+ years of trading desk experience
- Detailed product/trading knowledge of Mutual Funds, Equities and Options
- A 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
Salary Range:
$74,300.00-$97,500.00At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
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.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.