Lead Systematic ETF Trader - Market Making & Arbitrage

The Phoenix Group®; United States; Sur place; USD 180 000 - 260 000; Plein temps

Résumé du poste

The Phoenix Group® seeks a Systematic ETF Trader to own and enhance a high-performance trading system focused on ETF market making, arbitrage, and cross-asset hedging, with scope to develop strategies across equity ETFs, futures, and fixed income instruments. This role drives daily P&L and requires refining trading algorithms and collaborating on infrastructure improvements.

You will work with engineering to implement low-latency enhancements, backtest new signals, and bring production workflows

Qualifications

• 3-7+ years hands-on experience in systematic market making or ETF arbitrage trading.
• Deep understanding of ETF creation/redemption, AP workflows, NAV calculations.
• Experience optimizing trading algorithms, spread models, inventory strategies, risk management.
• Strong Python programming for strategy development, analysis, backtesting; C++ preferred.
• Series 7 and Series 57 licenses required or obtainable promptly.
• Knowledge of market microstructure, latency, and maker-taker economics.
• Familiarity with primary/secondary market liquidity, exchange rules, fees.

Responsabilités

• Actively trade equity ETFs, futures, and related derivatives within a systematic framework.
• Design, own, optimize market making, arbitrage, and hedging strategies.
• Develop automated trading models, signals, and risk algorithms to production.
• Manage ETF creation/redemption processes, pricing and risk models.
• Analyze NAV dislocations and ETF/NAV basis relations to inform trading decisions.
• Collaborate with ETF issuers and authorized participants.
• Improve trade execution quality with latency management and venue rules.
• Work with engineers to enhance low-latency infrastructure and risk controls.
• Model cross-asset relationships to expand platform capabilities.
• Implement real-time risk tools like position limits and P&L checks.
• Take ownership of existing systems including backtesting and production workflows.

Connaissances

Python

C++

ETF Market Making

Risk Management

Trading Systems

Series 7/57

Latency Optimization

Description du poste

The Phoenix Group® seeks a Systematic ETF Trader to own and enhance a high-performance trading system focused on ETF market making, arbitrage, and cross-asset hedging, with scope to develop strategies across equity ETFs, futures, and fixed income instruments. This role drives daily P&L and requires refining trading algorithms and collaborating on infrastructure improvements.

You will work with engineering to implement low-latency enhancements, backtest new signals, and bring production workflows