Quantitative Trader

Trading Interview; New York (NY); On-site; USD 170,000 - 225,000; Full time

Benefits offered by this job

Discretionary annual bonus

Private medical, dental, vision and a+

Pension scheme

Free on-site lunch

Season Ticket Loan

Tuition reimbursement

Job summary

Old Mission Capital in New York is seeking a Quantitative ETF Trader to execute and manage ETF trades across multiple markets, ensuring precise pricing and liquidity for optimal portfolio performance.

You will analyze market conditions, support portfolio managers with liquidity insights, and oversee creation/redemption processes while maintaining regulatory compliance. A finance/math background with 3+ years ETF trading is required; Series 7/57 preferred.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• 3+ years of experience in trading ETFs or similar financial instruments.
• Strong understanding of ETF structures, creation/redemption processes, and market mechanics.

Responsibilities

• Execute ETF trades using various trading platforms and strategies to minimize market impact
• Monitor and analyze market conditions to identify trading opportunities and risks
• Maintain relationships with authorized participants, market makers, and liquidity providers
• Ensure proper execution of creation/redemption processes for ETF shares
• Analyze trading costs and execution quality to optimize trading strategies
• Support portfolio managers by providing market insights and liquidity profiles
• Ensure compliance with all relevant regulations and internal policies

Skills

ETF trading

Trading platforms

Analytical skills

Series 7/57

Working under pressure

Education

Bachelor's degree in Finance/Economics/Math

Tools

Trading platforms

Analytical tools

Job description

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

About the Position

The Quantitative ETF Trader is responsible for executing and managing trades of ETFs across various markets to achieve optimal portfolio performance, maintain accurate pricing, and ensure liquidity.

Responsibilities:

Execute ETF trades using various trading platforms and strategies to minimize market impact

Monitor and analyze market conditions to identify trading opportunities and risks

Maintain relationships with authorized participants, market makers, and liquidity providers

Ensure proper execution of creation/redemption processes for ETF shares

Analyze trading costs and execution quality to optimize trading strategies

Support portfolio managers by providing market insights and liquidity profiles

Ensure compliance with all relevant regulations and internal policies

Required Skills

Bachelor's degree in Finance, Economics, Mathematics, or a related field

3+ years of experience in trading ETFs or similar financial instruments

Strong understanding of ETF structures, creation/redemption processes, and market mechanics

Proficiency with trading platforms and analytical tools

Excellent analytical and decision-making skills

Ability to work under pressure in a fast-paced environment

Series 7 and 57 licenses preferred

Benefits and Perks

Competitive salary with discretionary annual bonus

Fully paid private medical, dental, vision with extended coverage, and life insurance

Robust Pension Scheme, income protection, and salary exchange

Free on-site lunch daily

Season Ticket Loan Scheme

Tuition Reimbursement Program

Base Salary Range

$170,000 - $225,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees.

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

Old Mission Capital is a quantitative market-making firm founded in 2008. It prices "thousands of financial instruments globally" and has "traded trillions of dollars of securities using proprietary systems and…