Job Description

Equity Sales Trader | Institutional Coverage, US Equity Markets

Coda Search | New York, NY

Coda Search is proud to partner with a global financial services firm in their search for an Equity Sales Trader to lead institutional client coverage across US equity markets. This role suits a trader who has built a durable network of institutional relationships and desires a respected platform to continue expanding their book.

Location: New York, NY (Hybrid)

Compensation: $175k-$250k

Bonus: Discretionary annual bonus tied to individual and firm performance

Benefits: Comprehensive medical, dental, and vision coverage; retirement plan with employer contribution; paid parental leave; wellness and employee assistance programs

Schedule: Periodic travel for client engagement

What's in it for you?

• Built-in platform: Step into an established institutional client base and a research and execution infrastructure built to support it, rather than starting from zero.
• Revenue upside: Compensation scales with the flow and relationships you generate, with a bonus structure tied directly to performance.
• Cross-functional visibility: Work alongside research, capital markets, and execution teams, giving you a broader seat at the table than a coverage-only mandate.
• Stability with growth: Join a firm with a long-standing presence actively investing in expanding their research coverage.
• Autonomy: Prioritize your own book, resource allocation, and client strategy with meaningful independence.

What will your day look like?

• Client relationship management: Maintain and deepen relationships with institutional clients, delivering market insight that shapes their trading strategy.
• New business development: Identify and onboard new institutional clients, expanding the firm's footprint in US equity markets.
• Order flow generation: Drive secondary and primary market flow, including block trading opportunities sourced through client relationships.
• Market commentary: Serve as a go-to resource on US equity market dynamics, translating complex conditions into actionable guidance for clients.
• Cross-team collaboration: Partner with research, sales, and execution colleagues to deliver a consistent, high-value client experience.
• Account prioritization: Allocate time and resources across accounts and products to maximize revenue generation.
• Full client lifecycle ownership: Manage relationships from initial outreach through onboarding, first trade, and ongoing account management.
• Regulatory compliance: Operate within applicable conduct rules, internal policies, and regulatory frameworks at all times.

Who are you?

• You have deep market expertise. You understand US equity market dynamics, trading strategies, and regulatory frameworks well enough to guide client decision-making in real time.
• You've built a real network. You bring an established, portable book of institutional relationships and a track record of converting them into flow.
• You perform under pressure. You've operated in fast-paced, high-stakes trading environments and make sound decisions when conditions move quickly.
• You communicate with credibility. You build trust easily with both clients and internal stakeholders, and you can hold your own in a room of sophisticated investors.
• You're commercially minded. You think in terms of revenue generation and resource prioritization, not just relationship maintenance.
• You hold the right licenses. You carry the required industry licenses and credentials for institutional equity sales trading.

Application & Contact Information To apply, please apply directly here on LinkedIn.

Related Terms: equity sales trader, institutional equity sales, cash equity trading, US equity markets, block trading, secondary market flow, primary market flow, institutional client coverage, sales trading, equity capital markets, order flow generation, hedge fund coverage, market structure, trading desk, client relationship management, New York equity trading jobs

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