Senior Discretionary Trader - Macro

Squarepoint Capital; New York (NY); On-site; USD 60,000 - 120,000; Full time

Job summary

Join a leading global investment management firm as a Senior Discretionary Trader, where you'll leverage your trading expertise to develop and execute innovative strategies. This role offers the chance to work closely with a talented team, utilizing cutting-edge technology and a robust research platform to identify and capitalize on trading opportunities across various asset classes. You'll play a pivotal role in advancing our discretionary trading business while mentoring junior traders. If you're driven by analytics and thrive in a fast-paced environment, this is an exciting opportunity to make a significant impact in the finance industry.

Benefits

Health Insurance

Dental Insurance

401(k) Contributions

Wellness Plans

Discretionary Bonuses

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 globally with Traders and Quantitative Researchers.
• Contribute to the development of analytical tools.

Skills

Discretionary Trading Strategies

Communication Skills

Collaboration with Quantitative Researchers

Analytical Tools Development

Risk Management

Education

Bachelor’s degree in a quantitative field

Advanced degree

Tools

Research 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.

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

The minimum base salary for this role is $60,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.