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Job Description
Edward Jones is committed to using reasonable diligence to ascertain the most favorable market when servicing client orders, resulting in favorable pricing, service, and care to its customers. This standard is achieved through obtaining ample market data and pricing, sourcing the best possible prices, and assessing execution quality across Equity, Options, and Fixed Income products. The Best Execution Analyst works under the direction of the Best Execution Managers and Best Execution & Controls Team Leader to apply SEC, FINRA, MSRB, and CIRO rules through technical and analytical means. This role focuses on reviewing trading data, producing execution‑quality analysis, and communicating findings that support firm standards and client outcomes.
Key Responsibilities
Key Responsibilities
- Basic knowledge of US and Canadian equity, options, and fixed income Capital Markets, regulatory frameworks, rules and guidance (i.e. SEC, FINRA, MSRB, and CIRO) and their impact on Edward Jones' business
- Review trades on a daily, monthly, and quarterly basis across Equity, Options, and Fixed Income asset classes to assess execution quality in accordance with Best Execution, Reg NMS, Fair Pricing, Prevailing Market Price, and related regulatory standards.
- Prepare, monitor, and maintain execution‑quality reports and systems used by Best Execution Managers and Trading leadership for supervisory purposes. (e.g., price improvement, execution speed, fill rates, fair‑pricing metrics)
- Develop and maintain working knowledge of trading datasets (e.g., execution quality, pricing, routing) to support analysis and responses from Trading Leadership, Legal, Compliance, and other internal stakeholders.
- Extract, cleanse, and manipulate firm trading data using analytical and statistical tools to support monitoring, reporting, and trading inquiries.
- Identify execution anomalies or data concerns and escalate findings to Best Execution Managers or Trading Leadership for action.
- Create clear and cohesive data‑driven narratives that communicate execution outcomes and trends to Trading and Best Execution stakeholders.
- Provide actionable insights to support trading decisions, through data manipulation and data visualization of large volume trading datasets to identify patterns/trends/insights
- Support regulatory exams, audits and governance reviews, including documentation and investigative support Trading, Legal, Compliance, and Audit
- Drive improvement for the firm's best execution processes, controls, and reporting for efficiency gains and changes to market structure.