ETF Trading - Associate

New York, NY, United States
Posted on  

Job Description

The Equities team is responsible for executing large-scale equity transactions and providing strategic insights to optimize trading performance.

As an Associate in ETF Trading, you will be responsible for executing large-scale equity transactions and providing strategic insights to optimize trading performance. Your role requires fluency in navigating complex trading products and effectively engaging with a diverse client base, including asset managers, insurance accounts, pension funds, banks, sovereign wealth funds, corporations, and hedge funds. You will collaborate closely with sales trading and quantitative research teams to deliver comprehensive client solutions and drive innovation in trading strategies.

Job responsibilities:

  • Perform as a Block trader on the US Equity ETF trading team, responsible for customer facilitation and risk pricing in US-listed Equity ETFs. 
  • Identify trading opportunities, develop and implement strategies to capitalize on attractive situations.
  • Develop and refine proprietary internal valuation models.
  • Provide strategic recommendations to enhance trading performance and optimize client outcomes. 
  • Examine, analyze, and validate profit & loss reports prepared by others.
  • Collaborate with sales and quantitative research teams to develop tailored client solutions and drive innovation in trading strategies.
  • Foster partnerships with internal stakeholders across global equity teams, technology, risk, and control functions. 
  • Identify and implement process enhancements to improve efficiency and reduce operational risk

Required qualifications, capabilities, and skills:

  • At least 2+ years of experience in Equity markets
  • Strong understanding of equities execution products, market structure, and the regulatory landscape.
  • Clear, logical thinker with strong qualitative skills, including effective communication and presentation.
  • Strong team player who partners well with principals of the platform, including Sales trading and Quantitative Research.
  • Self-motivated individual with the drive and skill to seek out new client opportunities and produce thoughtful trade ideas.
  • Strong proficiency in Bloomberg, Microsoft Excel, Word, and PowerPoint.
  • Proficiency in code design and programming skills, with primary focus on Python / KDB.
  • Proficiency and desire to manage risk and work closely with our institutional client base.

Preferred qualifications, capabilities, and skills:

  • International Equity ETF Trading experience preferred.
  • Preferred Series 7, Series 55, and Series 63 licenses.