Senior Discretionary Trader - Macro

Squarepointcapital; Greater London; On-site; GBP 100,000 - 122,000; Full time

Job summary

Squarepointcapital seeks a Senior Discretionary Trader to lead development and execution of discretionary and semi-systematic strategies. You will identify, evaluate, and implement new opportunities while collaborating with Quant Researchers and other Traders globally.

The team covers Equities, Commodities, Rates/FX, and Credit including Volatility across asset classes. You will train junior traders and advance analytical tools, leveraging internal data and external research to expand the

Qualifications

• Bachelor’s degree in a quantitative or related field; advanced degree preferred.
• 3+ years of proven trading experience on buy-side or sell-side.
• Successfully built and managed trading strategies.
• Strong communication and global collaboration.
• Ability to work in a fast-paced environment with urgency.

Responsibilities

• Identify, research, evaluate, and implement discretionary trading strategies.
• Communicate with trading and risk management to ensure understanding of strategies and risk.
• Collaborate with Traders, Analysts, and Quant 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.

Skills

Discretionary trading

Team collaboration

Quantitative analysis

Strategic thinking

Education

Bachelor’s degree (quantitative)

Advanced degree preferred

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 $150,000 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.