Proprietary trader vs investment banker

Differences between proprietary trader and investment banker duties and responsibilities

Proprietary trader example responsibilities.

• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Perform qualitative research on potential risk arbitrage positions and subjectively choose equities for inclusion in a risk arbitrage portfolio.
• Research market strategies and trends using Bloomberg.
• Develop quantitative driven proprietary models by Bloomberg BLP / API and VBA programming.
• Research and develop convertible bond pricing application for convertible arbitrage trades.
• Assess market conditions within the equities market in order to maximize profitability.
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Investment banker example responsibilities.

• Utilize Bloomberg system and company proprietary research to actively monitor portfolios and manage trading activities to achieve customers' goals.
• Provide service for existing brokerage accounts, manage accounts, annuities, and securities-base lines of credit.
• Attain NMLS identification number for mortgage origination.
• Generate reporting data from Salesforce platform to facilitate growth and manage firm operations.
• Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
• Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
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