Associate Trader/Trader - Currency

Russell Investments; New York (NY); Hybrid; USD 100,000 - 140,000; Full time

Benefits offered by this job

Healthcare benefits

Retirement plans

Performance bonuses

Vacation programs

Job summary

Russell Investments in New York is seeking an Associate Trader or Trader to join our Currency Trading team. This role will involve executing trades, developing trading strategies, and providing high-quality client service. Candidates should have a Bachelor’s degree in relevant fields and experience in foreign exchange trading, with strong analytical and technical skills.

This position operates EMEA hours and offers comprehensive benefits, including performance bonuses. You will collaborate with a global team, working closely with portfolio managers and traders to deliver exceptional trading outcomes.

Qualifications

• 2-5 years of relevant trading experience, especially in foreign exchange.
• Strong proficiency in Excel and comfort with database applications.
• Proven client service abilities and strong attention to detail.

Responsibilities

• Execute foreign exchange transactions including spots, forwards, swaps, and options.
• Work with internal resources to establish new accounts.
• Serve as the primary contact for a subset of clients and monitor trading results.
• Collaborate on systems development to improve tools and risk controls.
• Participate in transaction cost analysis projects.

Skills

Foreign exchange trading

Client service

Analytical skills

Technical skills in Excel

Problem-solving skills

Education

Bachelor’s degree in Finance, Economics or Mathematics

MBA/CFA (or progress toward)

Tools

Electronic execution platforms

Database applications

Job description

Salary Range:

$100,000 USD - $140,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job‑related factors permitted by law. At Russell Investments salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

We are looking for an Associate Trader or Trader for our growing Currency Trading team. This role will be an integral member of an established and collaborative group that delivers a broad range of currency overlay and currency trading solutions to plan sponsors, investment managers, third‑party clients, and Russell Investments funds.

The successful candidate will play a key role in the development, execution, and oversight of currency trading strategies. Responsibilities will include executing trades across global currency markets, conducting transaction cost analysis, supporting new client onboarding and implementation, providing ongoing client service, and contributing to trading systems and process enhancements.

This position offers the opportunity to work in a dynamic, global environment while partnering closely with portfolio managers, traders, and client‑facing teams to deliver high‑quality investment and trading outcomes.

This role supports trading during EMEA hours, from 12:00 a.m. to 9:00 a.m. Pacific Time (3:00 a.m. to 12:00 p.m. Eastern Time).

During this shift, you'll work alongside two equity traders and one derivatives trader, creating strong opportunities for collaboration, mentorship, and knowledge sharing.

The role also benefits from meaningful overlap with colleagues covering U.S. market hours, as well as four Overlay Portfolio Managers based in London. This global team environment provides broad exposure to different markets, investment strategies, and perspectives, while helping to build a diverse professional network across regions and asset classes.

*These shift hours will adjust in accordance with North American Daylight Savings.

Associate Trader Range: $100,000 - $120,000

Trader Salary Range: $120,000 - $140,000

Specific compensation will be based on the candidate’s experience, skills, qualifications, commercial considerations, and other job‑related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs. In addition, the successful candidate for this role has the ability to earn sales incentives based on activity, revenue, cash flow generation, or other performance criteria.

The responsibilities of this position include:

• Trading: Execute/negotiate foreign exchange transactions (spots, forwards, swaps, and options).

• New client set‑up: Work closely with internal resources (including operations, legal/compliance and portfolio managers) to establish new accounts.

• Client service: Serve as primary contact for a subset of clients. Monitor and evaluate trading results. Report results to clients, answer client questions, and assist in the identification of additional business opportunities.

• Systems Development: Work with internal and external developers to design, develop and test tools to automate manual functions and improve risk controls.

• Transaction Cost Analysis: Work closely with other team members on FX TCA projects.

The successful candidate will have extensive demonstrable skills and experiences including the following:

• Bachelor’s degree in Finance, Economics or Mathematics. MBA/CFA or progress toward desired.

• 2-5 years of relevant trading experience will be considered with specific experience in foreign exchange preferred.

• Knowledge of electronic execution platforms and trading systems.

• Knowledge of trading costs and settlement practices.

• Creative problem solving skills.

• Technology skills, including strong proficiency with excel and comfort with database applications.

• Proven client service abilities.

• Analytical, detail‑oriented and very precise with numbers with a strong attention to detail.

This role is not eligible for employment‑based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self‑image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.