Junior Discretionary Trader
Junior Discretionary Trader
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Salary Not Disclosed
1 Vacancy
Job Description
Please only apply to the one job you feel best fits your skillset and experience. If our team feels you are better suited for another role we will reach out about the alternate opportunity.
Department: Investment
Position Overview:
We are looking to hire recent graduates to join our Discretionary Trading team. As a Junior Discretionary Trader you will have the opportunity to work alongside our senior discretionary traders who will provide on the desk training and mentorship. Your goal will be to help maintain target portfolio positions by assisting the senior traders with daily portfolio monitoring maintenance and hedging. As a collaborative organization our discretionary traders work closely with quantitative researchers to leverage our worldclass research platform to improve both discretionary and systematic strategies. You will leverage and develop a broad range of skills including fundamental and macro analysis research portfolio construction risk management and . We currently run discretionary strategies in Equities Commodities Rates/FX and Credit including Volatility trading across all asset classes. If you have an interest in trading and would like to learn how to manage your own risk over time we encourage you to apply.
- Collaborate with senior traders and quantitative researchers to structure and evaluate new trading opportunities
- Generate PnL tracking and attribution reports based on trade ideas
- Monitor and analyze portfolio performance to generate risk reports
- Hedge books and allocate hedges appropriately
- Execute large or complex trades which cannot be automated due to complexity or liquidity constraints
Required Qualifications:
- Recent or soon to be graduate with relevant course work internship or other applicable experience or knowledge
- Bachelors degree in a quantitative or related field such as Mathematics Statistics Econometrics Engineering Operations Research Computer Science Physics Economics Finance
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fastpaced environment
- Programming skills essential with at least one major programming or scripting language strong preference for Python.
The minimum base salary for this role is $60000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses which could constitute a significant portion of total compensation. This role may also be eligible for benefits such as health dental and other wellness plans as well as 401(k) contributions. Successful candidates compensation and benefits will be determined in consideration of various factors.
#LIDN
Required Experience:
Junior IC
Employment Type
Full Time
