Senior Associate, Capital Markets Trading

HighTower Advisors; Chicago (IL); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

Medical, dental, vision insurance from

Parental leave

Job summary

HighTower Advisors in Chicago, IL seeks a Senior Associate, Capital Markets Trading to execute and manage multi-asset trades, monitor risk, and develop strategies with senior traders.

The role emphasizes rigorous market analysis, regulatory compliance, and collaboration across research, risk, and operations teams in a fast-paced environment.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 3+ years of experience in capital markets trading with a track record across asset classes
• Extensive knowledge of financial instruments, trading strategies, market structure, and regulatory frameworks governing capital markets
• Proficiency in using trading platforms and order management systems
• Strong understanding of risk management principles and ability to mitigate risk

Responsibilities

• Execute and manage trades across asset classes (equities, fixed income, derivatives, FX) per risk guidelines
• Use trading platforms and OMS to execute trades efficiently
• Monitor trading positions for risk limits and regulatory compliance
• Develop trading strategies with senior traders using quantitative models and technical analysis
• Collaborate with brokers, risk managers, and operations to ensure smooth execution and issue resolution

Skills

Capital markets trading

Risk management

Market analysis

Trading platforms

Regulatory awareness

Education

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

Tools

Trading platforms

Order management systems

Job description

Senior Associate, Capital Markets Trading

Chicago, IL, USA

Job Description

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Your Future Team

Hightower's Operations team supports Advisory teams through the creation, maintenance, and amendments of Client Agreements and custodian maintenance.

Reporting to the Executive Director of FI Trading, you will play a pivotal role in executing and managing complex trading strategies, analyzing market trends, and collaborating with variouscolleaguestooptimizetrading performanceat Hightower. The ideal candidatepossessesa deep understanding of capital markets, exceptional analytical skills, and a proventrack recordin executing successful trades across multiple asset classes.

WhatYou’llDo

Trade Execution and Management

• Execute and manage trades across various asset classes, including equities, fixed income, derivatives, and foreign exchange, while adhering to pre-established risk management and compliance guidelines
• Utilize trading platforms, order management systems, and other relevant technologies to execute trades efficiently and effectively

Risk Management and Compliance

• Monitor and manage trading positions to ensure compliance with risk limits and regulatory requirements.
• Implement risk mitigation techniques, such as hedging and stop-loss orders
• Maintainaccurateand comprehensive trade records, ensuring compliance with internal policies and external regulatory frameworks

Market Analysis and Strategy Development

• Conduct in-depth analysis of market conditions, trends, and economic indicators toidentifytrading opportunities and mitigate potential risks
• Collaborate with senior traders and portfolio managers to develop and refine trading strategies, incorporating quantitative models, technical analysis, and fundamental research

Performance Monitoring and Improvement

• Monitor and evaluate trading performance and profitability,identifyingareas for improvement and implementingappropriate measuresto enhance overall results

Relationship Management

• Develop andmaintainstrong relationships with brokers, counterparties, and internal stakeholders tooptimizetrading execution and access to liquidity
• Work closely with cross-functional teams, including research analysts, risk managers, compliance officers, and operations professionals, tofacilitateseamless trade execution and resolve any issues that may arise

WhatYou’llBring

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 3+ years ofexperience in capital markets trading, with a strongtrack recordof executing successful trades across multiple asset classes
• Extensiveknowledge of financial instruments, trading strategies, market structure, and regulatory frameworks governing capital markets
• Proficiencyin using trading platforms, order management systems, and related technologies.
• Strong understanding of risk management principles and the ability to implement risk mitigation strategies
• Stay abreast of industry developments, regulatory changes, and emerging market trends, activelyparticipatingin professional development activities to enhance knowledge and skills

What We Offer

• Coverage on the first day of employment for medical, dental, and vision insurance
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
• Mother’s lounge onsite
• Flexible PTO plan
• In-office Monday through Thursday and work from home on Fridays
• Free brand-new gym in the Chicago office
• 401k matching plan
• HSA employer contributions
• Student loan assistance
• Base salary of $90,000-$105,000plus discretionary bonus (exact base salary amount will be dependent on experience)

AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.