US Macro Trader

About the role

We are seeking to hire a Macro Trader to focus on execution of orders from portfolio managers across our global book of business with an emphasis on Foreign Exchange (FX), Global Rates or Commodities. This is an execution role, but there is significant opportunity and expectation to add value to client portfolios through collaboration with portfolio managers and analysts.

Responsibilities

• Execute orders in a manner consistent with our best execution and risk management practices, as well as our policies and procedures.
• Employ a mixture of both high- and low-touch execution methods for all relevant accounts under management.
• Gather, analyze, and disseminate pertinent market, sector and instrument related information that identifies actionable investment opportunities.
• Develop an in-depth understanding of the various investment philosophies of our portfolio management teams in order to add to the investment dialogue of the team.
• Maintain and monitor efforts to enhance efficiency while mitigating risk.
• Build strong trusting relationships externally with counterparties and other market participants as well as internally with portfolio managers, strategists, analysts, and other traders.
• Solicit potential trade interest from portfolio managers internally and locate external supply.
• Take risk and challenge investment views, and admit mistakes with a desire to learn from others.
• Communicate (both verbally and in writing) action-oriented opinions clearly and with conviction and contribute to an open investment dialogue.

Requirements

• Minimum of 2 years' relevant experience trading currency, rates or commodity markets.
• Experience trading a wide array of instruments would be additive.
• Strong academic credentials: an undergraduate degree is required; CFA/Masters degree would be viewed favorably.
• Strong analytical skills and an ability to apply those skills in a highly practical fashion.
• A pro-technology mindset and the ability to leverage technology to improve effectiveness and efficiency.
• A working knowledge of programming languages (SQL, Python, R, MATLAB, etc.) and data analysis/visualization tools (Tableau, Qlik, etc.) in a financial markets' context would be additive.
• A self-starter attitude and ability to proactively identify, review and lead efforts to improve our processes.
• Impeccable integrity, fiduciary mindset, and ability to consistently place the interests of our clients as the number one priority.
• Strong work ethic.
• Ability to work quickly and accurately in a fast-paced, dynamic environment.
• A precision and risk management mindset that results in accurate and compliant work and manifests itself in double-checking work, stopping to question anything unusual, and frequent reconciliation of work throughout the day.

Qualifications

• Superior trade execution skills.
• Superior collaboration skills.
• A growth mindset.

Skills

• Superior trade execution skills.
• Superior collaboration skills.
• A growth mindset.

Benefits

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is: USD 120,000 - 225,000 This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process. Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time) We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week.