Jobs · Finance · New York

Experienced Equity Discretionary Trader

Gelber Group LLC · New York, NY · 3 wk ago
HybridFinance$72k–$120k/yrFull-time

About the role

We are seeking an Experienced Equity Discretionary Trader to join one of our largest desks. This role is for someone who thrives in a fast-paced environment, possesses a competitive attitude, and has a proven track record of profitability in a trading position for at least 3 years.

Responsibilities

  • Manage your own trading book with a focus on the US and Global Equities market
  • Manage your own risk of a portfolio of active strategies and drive trading decisions
  • Collaborate across your trading desk to execute teams' goals while ensuring core risk standards are met
  • Analyze market trends, order flow, and technical patterns to identify trading opportunities
  • Develop, test, and refine your trading strategies using historical data and real-time market conditions
  • Continuously monitor market conditions, news, and macroeconomic events impacting equities
  • Conduct research to develop new strategies and improve the performance of your existing strategies
  • Monitor material changes in levels of risk and variance in PnL, especially focused around deviation from your plans, and proactively communicate those changes to leadership
  • Grow your own business through mentorships

Requirements

  • Entrepreneurial mindset with competitive nature
  • Excellent communication and interpersonal skills with the ability to work autonomously and as a team player
  • Proven self-starter with exceptional product knowledge, trading methodology, and market insight
  • Ability to manage and communicate risk in accordance with the policies and limits set forth by the Firm
  • Proficiency with trading platforms, execution algorithms, and market data analysis tools
  • Openness to feedback and willingness to adapt your trading style with changes in market conditions
  • Strong work ethic, and understanding that the more you put into your craft, the more you’ll get out of it
  • Mentality of continuous improvement
  • 3 years or more of verified risk-adjusted profitability

Qualifications

  • Experience in equity trading
  • Knowledge of trading platforms and execution algorithms
  • Market insight and analytical skills

Skills

  • Trading strategy development
  • Risk management
  • Market analysis
  • Team collaboration

Benefits

Our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.

Pay

The approximate annual base compensation range for this position in New York is $72,000 to $120,000. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant's experience, knowledge, skills, and abilities; geographic location; and internal equity.

Schedule

This position requires a hybrid schedule, including in-person presence in our White Plains, NY Office 3 days per week.

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