Trader - Delta One

Role Overview Seeking a Delta One Trader to oversee a portfolio involving risk management, balance sheet, and capital allocation. This hands-on role includes managing trading activities, optimizing portfolio financing, and enhancing tooling and infrastructure. It requires collaboration with Risk, Finance, and Operations teams to improve margin efficiency, cash management, and capital movement across multiple entities. The position involves analyzing trade-offs in financing and capital treatment, managing relationships with banking partners, and supporting the growth of the Middle Office function. Responsibilities Manage day-to-day Delta One trading activities, including reversals, conversions, and RWA offsetsMaintain nightly balance sheet and RWA targets while minimizing funding costsDevelop and improve trading tools, pricing, and reporting systemsEvaluate trade-offs in portfolio financing and capital managementCollaborate with internal teams and banking partners for efficient capital and cash flow managementSupport the expansion of the Middle Office to maximize organizational value Qualifications & Skills: 2–5 years experience in trading, middle office, or treasury at a prop firm, market maker, bank, or hedge fundKnowledge of portfolio margining, prime brokerage financing, and capital requirementsProficiency in Python and SQL for tooling developmentStrong collaboration, ownership, and attention to detailSelf-directed with a broad, evolving scope of responsibilitiesSeries 57 license required if not already heldExperience with securities lending, repo, treasury management, or derivatives is a plus