Causality Group, an AI-based quantitative trading firm, seeks a motivated growth-oriented individual for electronic execution at its US equities trading desk. The role is critical to the execution of our portfolio signals and is an integral part of our daily operation. The ideal candidate holds an undergraduate degree in economics, information technology, computer science, mathematics, quantitative finance or a closely related field. The trader will work with other traders, quantitative analysts and portfolio managers.
Oversight of risk parameters.
Verification of automated electronic trading over a number of trading accounts.
Manual trade interventions, in case our research indicates significant benefits.
Reducing the responsibilities of our developers working in the European time zone.
Key responsibilities, some of which you will learn on the job:
Trade execution in US equity markets. Involves monitoring the execution platform and stepping in when necessary with adjustments, overrides and manual orders. This activity takes place between the market open (9:30 EST) and market close (16:00 EST).
Oversight of hedging positions based on sensitivities generated by risk systems.
Discretion over trading, depending on risk targets and specific market conditions.
Operation of our trading applications to achieve portfolio objectives.
Generating reports using spreadsheet applications and log files.
Handling of trade routing software for a multi-broker solution including OMS/EMS.
Required skills and characteristics of the candidate are:
Thorough familiarity with either the Windows or Linux operating systems and spreadsheet applications.
Analytical and numerical capabilities for analysing and reacting to events in our log files.
Ability to execute well-defined commands on console/command prompt.
A quick grasp of new technologies like the Linux platform and trading software.
Enthusiasm and focus on learning to manage electronic trade execution systems.
Strong attention to detail.
Self-motivated and resourceful; ability to contribute to troubleshooting and problem-solving.
Continuous availability during trading hours with preference to include some of the pre-market period. This will facilitate teamwork with Europe-based colleagues.
The function may be discharged either on-site (in our New York office), or remotely. Occasional visits to the office will be necessary to meet with senior management and clients.
The position is full time. Salary depends on experience, and remuneration includes an additional end of year bonus and potential for phantom shares.
Interested persons are urged to send resumes to email@example.com.