Senior Discretionary Trader - Equities
Posted 17 days ago
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As a Senior Discretionary Trader, you will join a global team developing and executing discretionary and semi-systematic trading strategies across equities and other asset classes. You will identify, research, evaluate, and implement new trading opportunities while collaborating closely with quantitative researchers, traders, analysts, and risk management. The role includes advancing analytical tools, leveraging internal and external data, and training and mentoring junior discretionary traders. Candidates should have a quantitative degree, at least 3 years of buy-side or sell-side trading experience, and strong communication skills.
- Compensation
- $100,000+ USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Position Overview:
As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint’s discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.
- Identify, research, evaluate, and implement discretionary trading strategies
- Communicate with trading and risk management to ensure understanding of trading strategies and risk
- Collaborate with Traders, Analysts, and Quantitative Researchers globally
- Contribute to the advancement of analytical tools
- Leverage internal data and research tools as well as external research and relationships
- Train and develop junior discretionary traders
Required Qualifications:
- Bachelor’s degree in a quantitative or related field, advanced degree preferred
- 3+ years of proven trading experience in a buy-side or sell-side compacity
- Successfully built and managed trading strategies
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fast-paced environment
The minimum base salary for this role is $100,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
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