What are the responsibilities and job description for the Senior Sales Trader position at William Blair?
Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.
Join William Blair, the Premier Global Partnership.
Apply advanced trading expertise and equity markets knowledge in the execution of equity trade orders generated by institutional clients. Collaborate with institutional salespeople and position traders to identify purchase and sale opportunities, cross-sell with existing institutional clients, and develop trade recommendations that benefit institutional clients and the firm. Monitor trading positions to ensure they are within established risk parameters. Develop and report findings on market sentiment, trading environment, trading volume, and price volatility. May provide informal oversight to less experienced traders.
This role is primarily responsible for Western Regional institutional coverage.
Responsibilities Include But May Not Be Limited To
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$170,000—$300,000 USD
About Our Firm
William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.
William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v
Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.
Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.
Download William Blair's Privacy Policies For Job Applicants
Join William Blair, the Premier Global Partnership.
Apply advanced trading expertise and equity markets knowledge in the execution of equity trade orders generated by institutional clients. Collaborate with institutional salespeople and position traders to identify purchase and sale opportunities, cross-sell with existing institutional clients, and develop trade recommendations that benefit institutional clients and the firm. Monitor trading positions to ensure they are within established risk parameters. Develop and report findings on market sentiment, trading environment, trading volume, and price volatility. May provide informal oversight to less experienced traders.
This role is primarily responsible for Western Regional institutional coverage.
Responsibilities Include But May Not Be Limited To
- Execute complex equity trade orders generated by institutional clients, utilizing advanced understanding of market factors to complete trades at optimal price points and within established risk parameters.
- Develop and maintain relationships with institutional salespeople, position traders, Research staff and institutional clients. Develop comprehensive knowledge of client trading positions to inform future trade opportunities.
- Collaborate with institutional salespeople and position traders to identify purchase and sale opportunities, cross-sell with existing institutional clients, and develop trade recommendations that benefit institutional clients and the firm.
- Synthesize and communicate information regarding market sentiment, trading environment, trading volume, price volatility, etc. into relevant, concise content for institutional sales staff.
- Monitor daily trading positions to achieve profit targets and minimize risk. Balance, reconcile and manage trading positions within risk policy limits.
- Assist in training less experienced traders on trading operations, systems and procedures.
- Oversee the prompt resolution of trading issues escalated by less experienced traders.
- Ensure all trading activities are in compliance with applicable rules, regulations, policies and procedures.
- Additional responsibilities as requested.
- Bachelor’s Degree required; MBA preferred
- 5 - 7 years of trading experience required, with meaningful levels of responsibility and demonstrated success, including experience with listed and OTC equities and derivatives
- Sell-side experience with strong institutional investor relationships preferred
- SIE Exam, Series 7, 63 and 57 (former Series 55) required (must be obtained within first 180 days) for US; applicable license requirements may be required for international roles
- Advanced understanding of fundamental financial, technical and economic factors driving security valuations
- Advanced understanding of equity trading regulations, market trends and risk management theory
- Strong knowledge of trading systems
- Ability to clearly communicate financial or trading concepts to various audiences
- Ability to effectively work in group environment
- Ability to multi-task and perform functions with high level of detail and attention
- Strong work ethic with demonstrated initiative and persistence
- Working knowledge of Microsoft Office Products
- Primary location: San Francisco, with consideration for candidates in New York or Chicago.
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$170,000—$300,000 USD
About Our Firm
William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.
William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v
Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.
Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.
Download William Blair's Privacy Policies For Job Applicants
- California Consumer Privacy Act Privacy Notice (CCPA)
- General Data Protection Regulation Privacy Notice (GDPR)
Salary : $170,000 - $300,000