Senior Discretionary Trader - Credit

Squarepoint Capital; New York (NY); On-site; USD 100,000 - 200,000; Full time

Job summary

An established industry player in investment management is seeking a Senior Discretionary Trader to join their elite global team. This role offers a unique opportunity to develop and execute discretionary trading strategies while collaborating closely with quantitative researchers. You will leverage cutting-edge research tools and contribute to the advancement of analytical capabilities. If you have a strong background in trading and a passion for quantitative analysis, this position will allow you to make a significant impact in a fast-paced environment. Join a firm that values innovation and collaboration, and take your trading career to the next level.

Qualifications

• 3+ years of trading experience in buy-side or sell-side roles.
• Strong communication and collaboration skills are essential.

Responsibilities

• Identify and implement discretionary trading strategies.
• Collaborate with global teams to enhance trading strategies.

Skills

Discretionary Trading

Quantitative Analysis

Risk Management

Communication Skills

Collaboration

Education

Bachelor’s degree in a quantitative field

Advanced degree (preferred)

Tools

Analytical Tools

Trading Platforms

Job description

Please only apply to the one job you feel best fits your skill set and experience. If our team feels you are better suited for another role, we will reach out about the alternate opportunity.

Role: Senior Discretionary Trader - Credit

Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a technology and data-driven firm, we design and build our own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms. With offices around the globe, we emphasize true, global collaboration by aligning our investment, technology, and operations teams functionally around the world. Building on our quantitative research platform and process-driven approach, Squarepoint also runs discretionary strategies to augment our systematic approach and monetize opportunities which may not be suitable to be traded in a systematic strategy.

As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint’s discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.

Responsibilities:

• Identify, research, evaluate, and implement discretionary trading strategies
• Communicate with trading and risk management to ensure understanding of trading strategies and risk
• Collaborate with Traders, Analysts, and Quantitative Researchers globally
• Contribute to the advancement of analytical tools
• Leverage internal data and research tools as well as external research and relationships
• Train and develop junior discretionary traders

Qualifications:

• Bachelor’s degree in a quantitative or related field, advanced degree preferred
• 3+ years of proven trading experience in a buy-side or sell-side capacity
• Successfully built and managed trading strategies
• Strong communication skills with the ability to collaborate with teammates globally
• Strong sense of urgency with the ability to work well in a fast-paced environment