Bulge Bracket Investment Banks
Posted 3 days ago
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**GBM - Public, ETF Trading, Vice President - New York** Lead systematic ETF trading strategies, data analysis, and model development. Manage trades, risk, and performance. Collaborate cross-functionally. Proficient in Python, SQL, and relevant tools. Minimum 2+ years' experience in quantitative trading, focusing on ETFs and algorithmic trading.
- Compensation
- $150,000 – $300,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
GBM - Public, ETF Trading, Vice President - New YorkNew York, NY, United States
Opportunity Overview
CORPORATE TITLEVice President
OFFICE LOCATION(S)New York
JOB FUNCTIONTrading
DIVISIONGlobal Banking & Markets
SALARY RANGEUSD 150,000 - 300,000
About the Role: We are seeking a highly skilled and motivated Systematic ETF Trader to join our dynamic trading team. The ideal candidate will be responsible for developing, testing, and executing systematic trading strategies focused on Exchange-Traded Funds (ETFs) across various asset classes. This is an excellent opportunity for a quantitative professional with a passion for financial markets and algorithmic trading.
Key Responsibilities:
- Strategy Development: Design, develop, and implement algorithmic trading strategies that trade ETFs across global markets.
- Data Analysis & Modeling: Utilize historical and real-time market data to identify inefficiencies and create predictive models that inform trading decisions.
- Backtesting & Optimization: Conduct rigorous backtesting of trading strategies to ensure robustness and optimize for risk-adjusted returns.
- Execution: Manage and execute trades through automated systems, ensuring minimal slippage, transaction costs, and market impact.
- Risk Management: Monitor and manage trading risks, including market risk, liquidity risk, and operational risk, ensuring compliance with risk guidelines and limits.
- Performance Analysis: Track and analyze the performance of strategies, identify areas for improvement, and implement iterative changes to enhance profitability and performance.
- Collaboration: Work closely with quantitative researchers, data scientists, and other traders to refine strategies and improve performance.
- Technology Integration: Leverage advanced tools and platforms for data analysis, strategy development, and execution (e.g., Python, SQL, MATLAB, etc.).
Requirements:
- Education: Bachelor's degree in Finance, Economics, Engineering, Computer Science, Mathematics, or a related field.
- Experience: Proven experience (2+ years) as a quantitative trader, systematic trader, or similar role, with a strong focus on ETFs and algorithmic trading.
- Technical Skills: Proficiency in programming languages such as Python, C++, Java, or similar, along with experience in financial modeling, data analysis, and backtesting.
- Quantitative Skills: Strong background in statistics, econometrics, or machine learning techniques, with the ability to apply them to trading strategies.
- Market Knowledge: Deep understanding of financial markets, especially ETFs, including structure, liquidity, and market microstructure.
- Problem-Solving: Strong analytical and problem-solving skills with a keen ability to think critically and adapt to evolving market conditions.
- Communication: Strong verbal and written communication skills for collaborating across teams and presenting findings to stakeholders.
The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
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