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Even in the fast-paced world of traders, it’s understood that taking the time to do some research is part of doing the job well. The same is true when it comes to writing or rewriting your resume. By taking the time to review a few current trader resume samples, you’ll be able to identify the kind of information included in a trader’s resume and the format options used to present it.The guide that follows will present and explain the importance of the most often used resume sections, the order in which they should appear, and examples of unfamiliar concepts.
What to Include in a Trader Resume
Every trader resume will be different by virtue of the variations in education, experience, and overall career path. A financial analyst hoping to move into an equity trader position will present transferable, skills while a day trader looking to make a lateral move will likely focus on their career accomplishments.By reviewing trader resume samples, you’ll note that the content varies significantly while the three most often used format options, which are chronological, functional, and combination, share a basic framework that includes the following sections:
- Contact info (name/phone/email)
- Resume summary
- Work experience
How to Write the Trader Resume Summary Statement
Traders live in a world of snap decisions, and so do potential employers. Your resume summary statement, as the first element of your resume the employer reads, could be a make-it or break-it section. If they’re not compelled to read further, they won’t.Let the job description be your guide as you mirror the employer’s job requirements in your resume summary. You want them to feel like they’ve found the ideal candidate to meet their needs.In your fast-paced world, taking the time to craft a summary statement that speaks to the employer is worth it. Following are a few guidelines to keep in mind:
- Avoid first-person pronouns in your summary statement or anywhere in your resume
- Incomplete sentences are preferred over conversational, complete sentences
- Keep your resume summary to 2-3 statements
- Your accomplishments should be presented as skills that would add value to the employer
- Experienced equity trader who consistently developed trading strategies to make transactions that maximized profits for banking industry clients. Diligently watched the market, identified trends, and evaluated financial risks. All transactions were made in compliance with SEC laws and regulations. Followed markets in different time zones. Portfolio has shown a sizable year-end profit each year for the last decade, resulting in consistent six-figure bonuses.
- Current intern at a top-50 hedge fund conducting research and other supportive activities. Immersed in the environment by working onsite. Developed a mentor relationship with a senior director of the firm. Fulfilled internship responsibilities requiring 10-15 hours per week while working full-time in another position. Developed in-depth understanding as an emerging markets analyst and acquired high-quality name recognition in the industry.
How to Write the Trader Work Experience Section
If you haven’t yet decided which resume format you’re going to use, now is the time to go back to the trader resume samples for help in deciding. Depending on your choice, the following are guidelines for writing the next section for each format:If you’re writing a chronological style resume, the work experience section will follow your resume summary and will focus on your work history. This style works best for those with no employment gaps, and previous jobs should be listed in reverse chronological order, including the following information: job title, employer and location, period of employment, and 2-3 accomplishments performed for that employer.A typical job listing might look like this:Trader Anderson and Hill Securities February 2011 to February 2016
- Developed specialization in equity option bonds that provided a consistent advantage against less specialized traders
- Leveraged purchases to the client’s advantage
- Enlarged client base through referrals and networking events
Action Verbs to Include in Your Trader Work Experience Section
It’s easy to look back on your often hectic day and see how much you actually do, but when you talk about your responsibilities and accomplishments, it’s best to create an image of you doing the job the employer is looking to fill. This is best done by using action verbs like the ones listed below:
How to Write the Trader Skills Section
By referring to the job description, you can determine which skills are most important to the employer and present those that you have in their order of importance. As an example, the skills of a trader can probably fall into three categories: technical, industry knowledge, interpersonal/personal.If you believe your skills should be classified differently, use your best judgment. Don’t feel constrained by the following example:Technical skills:
- Bloomberg Professional
- BondDesk Group Trader
- Meta Trader 5 Trading Platform
- Company Name Access
- Chart analysis
- Ability to determine where high-odds trade entry locations exist
- Based on logic and reason, able to hold stop-loss orders to contain risk at predetermined levels
- Able to read market action
- Able to deal with stressful interactions related to individual stock sales or mergers under often strict time constraints
- Continual growth of client base through referrals, cold calls, and networking
- Persuasive and able to make clients feel comfortable with recommendations
- Determination and stamina
- Patience and discipline
How to Write the Trader Education Section
The education section is your opportunity to break away from the crowd, so be sure to list your highest level of education first, no matter what the qualifications are.While requirements vary, a bachelor’s degree is often the minimum requirement for a trader position. Studies in business, finance, accounting, and economics are important to large firms, and often, a master’s degree (MBA) is preferred and is rewarded with better compensation and other perks.Another sub-heading in the education section would be licenses/certifications. There are different licenses that enable the holder to sell various investment products. Some requirements vary by firm, and agents registered with the Financial Industry Regulatory Authority (FINRA) must attend continuing education courses in legal requirements or new financial products to keep their licenses, so be sure to list the courses that fulfill those requirements.There are extensive qualifications in order to earn the Chartered Financial Analyst certification (CFA) from the CFA Institute, but while the demands of this certification are many, it enhances professional standing.If you’re a member of an industry organization, consider a memberships sub-heading, and if you’re not already a member, you might want to consider membership in one of the following or similar organizations:
- National Association of Stockbrokers (NAS)
- National Association of Securities Dealers (NASD)
- Security Traders Association (STA)
Should I Include References in my Trader Resume?
It’s important to keep your resume within the 1-2 page length, and adding your references will make it longer than it needs to be and take up valuable resume space that can be put to better use highlighting your skills and qualifications.Your references should be a separate document that is available upon request. As you’re writing your resume, you’re sure to be reminded of former managers or directors with whom you’ve developed a good relationship that you can use as a reference. If you’re lucky enough to have a mentor, list them too. Obviously, you’ll need permission from each of the 3-4 people chosen.When the employer requests your references, you’ll know for sure they’re interested. You can give your references a heads-up to expect a call, and you can ask them to let you know when contact’s been made and how it went.
Trader Resume Fails: Mistakes to Avoid
- The best way to mirror an employer’s requirements is to use the keywords they’ve used in the job description. They’re the trigger for applicant tracking systems (ATS) to identify resumes that will end up on a human being’s desk. It’s a fact of modern life that to get to the employer, you need to get past the electronic gatekeeper first.
- Traders are accustomed to snap decisions and fast actions, but when it comes to proofreading your resume, take the time to do it right. Even after you think you’ve got it right, have someone else proof it for you. If there are errors, they’ll jump off the page, and that’s not the look you want to project in your job search.
- In the regulated business of securities trading, confidentiality is prized, so be careful when you list your accomplishments that you don’t reveal proprietary information. A potential employer will wonder if you’ll do the same to them, and your resume may end up on the reject pile.
- You may be very familiar with charts and embedded tables, but those formatting tricks often confuse an ATS, and what the system can’t read, it won’t pass on. Keep it simple.
Job Prospects in the Trader Industry
The Bureau of Labor Statistics has projected the employment growth for the average of all occupations during the period 2014 to 2024 to be 7 percent.
Securities, commodities, and financial services sales agents are expected to be employed at a growth rate of 10 percent for the same time period. Because the economic growth of other countries contributes to the United States’ standing as an international financial center, employment in the sector will continue to grow. Issues that may negatively impact employment in the industry include consolidation, automated trading systems, and restrictions on proprietary trading. Nonetheless, competition for these high paying jobs will be intense.
Trader Resume Samples
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