Trading Associate-Passive
Tidal Financial Group · Oak Brook, IL · 2 wk ago
On-siteFinanceFull-time
About the role
Tidal is seeking a highly skilled Trading Associate responsible for the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk-reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. The firm manages both active and index-based portfolios and covers most major global asset classes. This position will be closely involved with day-to-day portfolio management functions of exchange traded products.
Responsibilities
- Be a key member of the firm’s portfolio management team, taking an active role in managing portfolios and acting as liaison with clients.
- Provide operational support through portfolio monitoring, trade execution, compliance reporting, and investment thought leadership.
- Perform day-to-day portfolio reconciliation.
- Work with trading team on the preparation or execution of trades, rebalances, ETF baskets, etc.
- Prepare quarterly portfolio reconciliation and reports to assist in portfolio oversight, compliance reporting, board meetings, and regulatory filing updates.
- Understand firm’s policies and procedures for overall compliance and portfolio management, identifying improvements as applicable.
Qualifications
- Bachelor’s degree in mathematics, finance, accounting, economics, or related fields.
- Minimum 3+ years’ experience, preferably with an ETF or trading background.
- Strong Excel skills a must; VBA/Bloomberg/Python/etc. a plus.
- Must be a proactive problem solver and dedicated hard worker, capable of tackling challenges efficiently.
- Must excel at managing multiple deadlines and tasks simultaneously while maintaining exceptional attention to detail.
Preferred Qualifications
- Proximity to Chicago and New York preferred.
- Basic Bloomberg command knowledge.
- Exposure to investment compliance guideline monitoring and updating.
- Effective communicator that works well in a team environment, with a strong desire to continuously improve workflows, a fundamental understanding of operational risk, and takes initiative.
Pay
85,000 - 110,000 USD per year (Chicago Office).