Systematic Equity Trader

Old Mission; New York (NY); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

Free breakfast and lunch on-site

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation, Sick, and Parental leaves

Commuter and Flexible Spending Programs

Job summary

Old Mission in New York City is looking for a Systematic Equity Trader to develop and implement cutting-edge equity strategies. The successful candidate will work closely with engineering and research teams to create proprietary trading strategies.

This position requires a strong background in quantitative/systematic trading and the ability to write code in Python and C++. The role offers an attractive salary range of $150,000 to $225,000 along with excellent benefits.

Qualifications

• Bachelor's degree in a related technical field required.
• Experience in quantitative/systematic trading essential.
• Ability to develop full stack trading strategies.

Responsibilities

• Develop proprietary trading strategies with engineering and research teams.
• Conduct alpha research and model implementation.
• Design and implement short-term trading strategies.

Skills

Quantitative trading experience

Financial insight

Statistical learning techniques

Software development in Python

Software development in C++

Communication skills

Self-starter mentality

Education

Bachelor’s degree in Computer Science, Engineering, Mathematics, Statistics, Finance, Economics, or related field

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

Old Mission Capital, a global quantitative proprietary trading firm, is hiring a Systematic Equity Trader to work in our New York City office. The Systematic Equity Trader will be responsible for developing and implementing systematic equity strategies.

Responsibilities

• Work closely with internal engineering and research teams to develop proprietary trading strategies, theoretical pricing models, and risk management techniques.
• Collaborate with the team on intraday/short-term alpha research, focusing on idea generation, data gathering, research/analysis, and model implementation for systematic trading strategies.
• Utilize sound financial insight and statistical learning techniques to explore, analyze, and harness a wide range of datasets building predictive models.
• Design and implement short-term trading strategies using Python and C++ which use Old Mission’s low-latency trading infrastructure to produce superior risk-adjusted returns.

Required Skills

• Bachelor’s degree or equivalent degree in Computer Science, Engineering, Mathematics, Statistics, Finance, Economics, or a related technical or scientific field.
• Extensive experience in quantitative/systematic trading, ideally in cash equities (domestic and foreign markets) or equity derivatives (futures, ETFs, etc).
• Full stack trading strategy development skills and experience, including model/signal generation, strategy, execution, optimization, and risk management.
• Ability to write software in Python, C++, or both.
• Excellent written and oral communication skills.
• Self-starter with a strong desire to build a successful trading desk at Old Mission.

Benefits And Perks

• Fully paid Medical, Dental, Vision, Disability, and Life Insurance
• Fully stocked kitchen; free breakfast and lunch every day on-site
• Tuition Reimbursement Program
• 401(k) with employer match
• Paid Vacation, Sick, and Parental leaves
• Commuter and Flexible Spending Programs

Base Salary Range

$150,000 - $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. For more information, reach out to your recruiter.

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.