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Job Location drjobs

Boston - USA

Monthly Salary drjobs

$ 100000 - 225000

Vacancy

1 Vacancy

Job Description

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions tailored to the unique return and risk objectives of institutional clients in more than 60 countries draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

THE POSITION
We are seeking to hire a Currency Trader to focus on execution of orders from portfolio managers across our global book of business with an emphasis on foreign exchange (FX). This is an execution role but there is significant opportunity and expectation to add value to client portfolios through collaboration with portfolio managers and analysts. The Trader will work collaboratively with our global trading teams located in Boston London and Hong Kong.
Wellington Managements trading philosophy and practices are based on the principles of seeking best execution contributing to portfolio alpha and managing regulatory operational liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies which emphasize the fair dissemination aggregation and allocation of investment opportunities across our investment platform and ultimately our clients.
Wellington Managements Trading Department employs over 60 traders globally including more than 20 Macro Traders focused on Global Rates FX Emerging Market Debt and Repo. Our investment and trading activities are conducted on an industry-leading internally developed technology platform which we believe creates a meaningful competitive advantage. We are also supported by an in-house team of managers and quantitative and business analysts who oversee the business of the department and provide in-depth action-oriented insights into our trading capabilities and activities.


ESSENTIAL SKILLS
The following essential skills are required for the role:

  • Superior trade execution skills The Trader will execute orders in a manner consistent with our best execution and risk management practices as well as our policies and procedures. The ideal candidate will employ a mixture of both high- and low-touch execution methods for all relevant accounts under management. In addition the Trader will gather analyze and disseminate pertinent market sector and instrument related information that identifies actionable investment opportunities. Over time the successful candidate will develop an in-depth understanding of the various investment philosophies of our portfolio management teams in order to add to the investment dialogue of the team. Monitoring and improving efforts to enhance efficiency while mitigating risk is critical.
  • Superior collaboration skills The successful candidate will enjoy being an individual contributor within a highly collaborative team and embrace the benefits of overlapping lines of responsibility. The Trader will build strong trusting relationships externally with counterparties and other market participants as well as internally with portfolio managers strategists analysts and other traders. Through their relationships the ideal candidate will solicit potential trade interest from portfolio managers internally and locate external supply. The ability to take risk and challenge investment views is critical as is the humility to admit mistakes and a desire to learn from others; the Trader must recognize the benefits of diverse perspectives. The ability to communicate (both verbally and in writing) action-oriented opinions clearly and with conviction and contribute to an open investment dialogue is important.
  • Growth mindset The flexibility and openness to continue learning evolving and growing as a trader is required. The successful candidate will have a global perspective and creative approach for thinking about innovation and the evolution of FX-related investment products and market structures.

OTHER QUALIFICATIONS
A successful candidate should have the following qualifications:
Minimum of 2 years relevant experience trading currency markets. Experience trading a wide array of instruments would be additive;
Strong academic credentials: an undergraduate degree is required; MBA/CFA would be viewed favorably;
Strong analytical skills and an ability to apply those skills in a highly practical fashion;
A pro-technology mindset and the ability to leverage technology to improve effectiveness and efficiency;
Working knowledge of programming languages (SQL Python R MATLAB etc.) and data analysis/visualization tools (Tableau Qlik etc.) in a financial markets context would be additive;
A self-starter attitude and ability to proactively identify review and lead efforts to improve our processes;
Impeccable integrity fiduciary mindset and ability to consistently place the interests of our clients as the number one priority;
Strong work ethic;
Ability to work quickly and accurately in a fast-paced dynamic environment; and
A precision and risk management mindset that results in accurate and compliant work and manifests itself in double-checking work stopping to question anything unusual and frequent reconciliation of work throughout the day.

JOB TITLE

Trader Currencies

JOB FAMILY

Trading

LOCATION

280 Congress

Not sure you meet 100% of our qualifications Thats ok. If you believe that you could excel in this role we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill workplace experiences and backgrounds.

As an equal opportunity employer Wellington Management considers all qualified applicants will receive consideration for employment without regard to race color sex sexual orientation gender identity gender expression religion creed national origin age ancestry disability (physical or mental) medical condition citizenship marital status pregnancy veteran or military status genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability or are assisting a candidate with a disability and require an accommodation to apply for one of our jobs please email us at .

At Wellington Management our approach to compensation is designed to help us attract inspire and retain the best talent in our strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary variable compensation and benefits. The base salary range for this position is:

USD 100000 - 225000

This range takes into account the wide range of factors that are considered when making compensation decisions including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salaryis only one component of Wellingtons total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives if eligible. In addition we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan health and wellbeing dental vision and pharmacy coverage health savings account flexible spending accounts and commuter program employee assistance program life and disability insurance adoption assistance back-up childcare tuition/CFA reimbursement and paid time off (leave of absencepaid holidays volunteer sick and vacation time).

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Employment Type

Full-Time

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