Senior Discretionary Trader - Credit

Squarepoint Capital; London; On-site; USD 60,000 - 120,000; Full time

Job summary

Squarepoint Capital is seeking a Senior Discretionary Trader for its London office. The role involves developing and executing trading strategies while collaborating closely with quantitative researchers. Ideal candidates will possess extensive trading experience and a strong educational background in quantitative fields, with a competitive compensation package including potential bonuses and benefits.

Benefits

Health and dental benefits

401(k) contributions

Discretionary bonuses

Qualifications

• 3+ years of proven trading experience in a buy-side or sell-side capacity.
• Experience building and managing trading strategies.

Responsibilities

• Identify, research, evaluate, and implement discretionary trading strategies.
• Train and develop junior discretionary traders.
• Collaborate with Traders and Quantitative Researchers globally.

Skills

Strong communication skills

Quick decision making

Education

Bachelor’s degree in a quantitative or related field

Advanced degree preferred

Job description

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Senior Discretionary Trader - Credit, London

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Client:

Squarepoint Capital

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

952332484320

Job Views:

4

Posted:

18.06.2025

Expiry Date:

02.08.2025

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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 $60,000 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.