Fixed Income Front Office Trading Assistant

Job Title: Front Office Trading Assistant

Location: New York, NY (& occasional Darien, CT)

Firm Overview:

Cantor Fitzgerald L.P., with over 12,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm’s financial acumen and technology prowess, Cantor’s portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. For 79 years, Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world. As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed.

Responsibilities:

• In this front office role, you’ll interact with senior members of the trading team.
• As you work alongside more experienced team members, you’ll learn the flow of the trading and settlement cycle, and the regulatory and operational considerations of each step.
• With experience of the daily operations of the desk, you’ll dedicate increasing amounts of time to programming, assisting traders more directly, and automating tasks.
• You’ll work with accounts by corresponding with new and existing clients
• You’ll work with internal groups for credit and risk management when onboarding new clients
• You will have your own Bloomberg terminal where you will book trades, run portfolio reports, and use Bloomberg analytics that organize strategies for the traders
• You’ll be guided by the team to increase your responsibilities, handling both immediate, time-sensitive tasks and thinking about longer term strategic project work.

Qualifications:

• Highly detail-oriented
• A critical thinker with a solid quantitative foundation and an interest in expanding your technical skills
• A good problem solver that can balance competing priorities in a fast-paced environment
• Proactive, reliable, and courteous with strong organizational and communication skill
• Eager to ask questions, admit mistakes, learn new things, and continuously improve
• Fluent in English
• Series 7 certified, or prepared to pass it within a few months
• Knowledgeable of U.S. Treasury markets: bills, bonds, and futures
• Knowledgeable of Excel spreadsheets and VBA scripting
• Willing to learn the basics of Python and SQL to automate reporting for the trading desk

Educational Qualifications:

• Bachelor’s Degree required

Hybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review. Hybrid for Cantor Fitzgerald & its affiliates across the working week, means three days office based and two days remote.

Salary: $ 70,000 - $ 80,000

The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).