Algorithmic Trader

Primary Responsibilities

• Operating grey and black box algorithmic trading strategies in accordance with the trading desk's objectives
• Maintaining monitoring of trading activity and positions throughout the shift
• Conducting research and post-trade analysis using the firm's research tools on a variety of algorithmic trading strategies to improve profitability of existing models
• Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha
• Collaborating with strategy developers to propose and test certain strategy-specific code changes related to execution, pricing, and risk management
• Communicating with risk managers and internal technology groups regarding production issues
• Building and maintaining quantitative modeling tools and analytics
• Solving for trade breaks, position & activity reconciliation exceptions with the back office

Requirements

• Bachelor's degree in statistics, mathematics, engineering, business/finance, or related field
• 4-6 years' experience trading financial products (e.g. options, futures)
• Strong analytical, quantitative, and math skills
• Experience with Python
• Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment
• Strong organizational skills and attention to detail
• Excellent written and verbal communication skills
• Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Skills and Experience

• Expertise in market microstructure, historical tick data, and quantitative modeling
• Strong analytical, quantitative, and math skills
• Experience with Python
• Ability to work independently and manage multiple tasks in a fast-paced environment
• Strong organizational and attention to detail skills
• Excellent written and verbal communication skills
• Strong work ethic and team player focus

Benefits

• Medical PPO and HMO coverage through BlueCross BlueShield
• Company contributions to a Health Savings Account (with enrollment into a High Deductible Health Plan)
• Dental coverage through PrincipalVision
• VSP coverage through VSP
• 401k Retirement Savings Plan with Employer Match
• Company-paid life insurance
• Company-paid disability insurance
• Paid time off
• Flexible spending account
• Pre-tax transit benefits
• Complimentary lunch and beverages
• Access to renovated building gym and bike room