Trading Associate-Leverage
Tidal Financial Group · New York, NY · 1 mo ago
On-siteFinanceFull-time
About the role
We are seeking a skilled Leverage Trading Associate responsible for the implementation and management of various leveraged Exchange-Traded Funds (ETF).
Responsibilities
- Execute and manage trades across equities, options, and swaps.
- Execute day-to-day duties in the operations of the Trading Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
- Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
- Working 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.
- Strong familiarity with Microsoft Excel and other Office applications.
- 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.
- 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.
- The individual will be expected to interact and build strong relationships with stakeholders.
Qualifications
- Bachelor’s degree, preferably business or quantitative discipline related, or relevant experience.
- Minimum 3+ years of experience (or more) in trading equities, options, and fixed income, with a strong emphasis on option 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.
- Very high level of competency in Excel.
Preferred Qualifications
- Experience with trading platforms, order management systems (OMS), and post-trade processing.
- Proximity to Chicago and New York preferred.
- 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.
Pay
- 85,000 - 110,000 USD per year (Oak Brook, IL)
- 85,000 - 120,000 USD per year (New York, NY)
Schedule
- Trading
- Oak Brook, IL
- New York, NY