ETF Trader

talisman; United States; On-site; USD 180,000 - 360,000; Full time

Job summary

Talisman in the United States seeks an ETF Trader to run risk on their own capital. This is a risk-taking seat with full autonomy over your book; you will have P&L in dollars from a book you traded, not benchmark-relative returns.

Responsibilities include running your own book and risk across ETF markets, taking directional and relative value positions across ETFs, baskets, futures and correlated products, and managing risk in real time with sizing and hedging.

Qualifications

• 4+ years of profitable P&L in dollars from a book you traded.
• Experience running your own risk rather than executing for others.
• Deep understanding of ETF mechanics, including creations and redemptions, index construction and cross-asset relationships.
• Experience across equity, fixed income or international ETFs. Index arbitrage and cross-asset backgrounds also of interest.
• Comfort with data and execution tooling.
• Track record of performing in a high pressure, results driven environment.

Responsibilities

• Run your own book and your own risk across ETF markets.
• Take directional and relative value positions across ETFs, baskets, futures and correlated products.
• Identify and trade dislocations between products and across asset classes.
• Manage risk in real time, including sizing, hedging and adjusting exposure through changing conditions.
• Develop and scale your own strategies without a fixed house model.

Skills

P/L ownership

Own risk management

ETF mechanics

Cross-asset ETFs

Data & execution tooling

High-pressure performance

Tools

Trading platforms

Job description

We're partnering with an established proprietary trading firm on a search for an ETF Trader to run risk on their own capital. This is a risk-taking seat with full autonomy over your book.

This is not execution or ETF operations. You need P&L in dollars from a book you traded, not benchmark-relative returns.

Responsibilities

• Run your own book and your own risk across ETF markets
• Take directional and relative value positions across ETFs, baskets, futures and correlated products
• Identify and trade dislocations between products and across asset classes
• Manage risk in real time, including sizing, hedging and adjusting exposure through changing conditions
• Develop and scale your own strategies without a fixed house model

Requirements

• 4+ years of profitable P&L in dollars from a book you traded
• Experience running your own risk rather than executing for others
• Deep understanding of ETF mechanics, including creations and redemptions, index construction and cross-asset relationships
• Experience across equity, fixed income or international ETFs. Index arbitrage and cross-asset backgrounds also of interest
• Comfort with data and execution tooling
• Track record of performing in a high pressure, results driven environment

What's on offer

New York or Chicago. Competitive base plus a meaningful profit split on what you generate. No client business and no franchise flow.