STATE CLASSIFICATION JOB DESCRIPTION


Salary Group B28

Class No. 1162

TRADER II

GENERAL DESCRIPTION

Performs advanced (senior-level) securities transaction work.  Work involves buying and selling securities, following market activities, determining time frames and brokers, and negotiating rates.  May supervise the work of others.  Works under limited supervision, with considerable latitude for the use of initiative and independent judgment.

EXAMPLES OF WORK PERFORMED

Conducts analyses on trading activities to determine best timing and broker, and negotiates rates to get best prices and efficiency.

Identifies and tracks market trends and advises management.

Searches the market(s) for the best opportunities for the fund.

Completes securities purchases and sales to achieve the best possible price, commission, and time frame.

Maintains records of all transactions.

May supervise the work of others.

Performs related work as assigned.

GENERAL QUALIFICATION GUIDELINES

Experience and Education

Experience in the institutional trading of securities.  Graduation from an accredited four-year college or university with major coursework in finance, business administration, economics, or a related field is generally preferred.  Education and experience may be substituted for one another.

Knowledge, Skills, and Abilities

Knowledge of market terminology and procedures, of trading approaches and techniques, and of factors affecting price trends.

Skill in statistical concepts, methods, and mathematics; in working accurately with numerical detail; and in the use of computer systems and associated applications.

Ability to assess market conditions, to comply with ethical standards and professional codes of conduct, to prepare concise reports, to communicate effectively, and to supervise the work of others.


State Auditor’s Office

Revised 9-1-17