Trading Associate-Leverage
About the Role
The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions. This role requires a deep understanding of financial markets, strong analytical skills, and a proven ability to manage portfolios within a fast-paced environment.
The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. This position will be involved with day-to-day portfolio management functions of leveraged ETFs. The ideal candidate will have experience in trading equities, options, and/or other derivatives, as well as a background in financial services and back/middle office operations.
Responsibilities
- Execute and manage trades across equities, options, and fixed income.
- Execute day-to-day duties in the Trading Operations Team, including trade allocation, position settlement, and reconciliation of all trading.
- Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
- Work closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.
- Stay updated with market trends, economic developments, and trading strategies.
- Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.
- Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
- Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.
- Maintain a relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
- Continually analyze, review, and improve our operations and service as the trading business evolves.
- Interact and build strong relationships with stakeholders.
Requirements
- Bachelor’s degree, preferably in business or a quantitative discipline, or relevant experience.
- 1-3+ years of experience in trading equities, options, and fixed income, with a strong emphasis on options trading.
- Institutional/RIA trading experience.
- Proficiency with Bloomberg or similar institutional trading platforms.
- Strong understanding of financial markets and trading strategies.
- Excellent communication and customer service skills.
- Ability to work in a fast-paced and dynamic environment.
- Demonstrated history of solving complex problems.
- Proficient with MS Office Suite, with a very high level of competency in Excel.
Preferred Qualifications
- Experience with trading platforms, order management systems (OMS), and post-trade processing.
- Experience working for a firm that manages 40 Act products.
- Familiarity with regulatory requirements related to trading activities.
- Experience working in a fast-paced, deadline-driven environment.
We are prioritizing candidates who are located within proximity to Chicago, IL; Milwaukee, WI; New York City, NY; and Omaha, NE.