Job Opportunity
Execution Trader
New York, NY
Job Summary
Hedge Fund is seeking an Execution Trader. Manage order flow and execute trades using an electronic trading platform. At least 3 years of trading desk experience, preferably on the sell-side or multi-strat HF.
Details
A technology-led hedge fund looking to hire a qualified Execution Trader to join its New York office.
As an Execution Trader, you will research, monitor, and execute daily trades. The ideal candidate will be a mid-level professional. Frequent interaction with other traders, quants, and senior management will be required, so communication and collaboration skills are essential.
The candidate must have previous exposure to manually trading many different asset classes on an electronic trading platform. Strong experience with VBA is required.
Key Responsibilities:
* Manage order flow and execute trades using an electronic trading platform
* Maintain and upgrade existing spreadsheets and trading tools
* Work closely with the operations team, brokers, and PBs to assure proper trade allocations and resolve breaks
* Monitor the behavior of execution algorithms and partner with the quants and senior management to improve execution quality and reduce market impact
* Interact with the brokers and bank dealing desks to source liquidity if needed
* Perform miscellaneous job-related duties as assigned, such as ad-hoc report generation
Skills, Knowledge & Experience:
* At least 3 years of trading desk experience, preferably on the sell-side or multi-strat HF
* Proficient with Excel VBA
* Familiarity with Python is a plus, but not required
* Knowledge in commodity, fixed income, FX, and macro markets
* Understanding of Order Management and Execution Management Systems
* Familiarity with the mechanics and terminology of options, equities, and futures markets
* Strong analytical skills
* Excellent communication skills, self-starter, quick learner, positive attitude, and team player
Company Benefits:
* Competitive compensation commensurate with the level of experience
* Comprehensive benefits package including medical, dental, vision, 401(k), insurance, Summer Fridays, and wellness reimbursement
Click here for details on this job
- Compensation: $ 250,000
- Min Experience: 3 years