Systematic Trader

Citadel Securities; New York (NY); On-site; USD 150,000 - 325,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Retirement plans

Job summary

Citadel Securities in New York seeks a Systematic Trader to manage the day-to-day operation of its quantitative trading platform. You will make real-time risk decisions, collaborate with strategy developers and technologists, and drive platform improvements to unlock business opportunities.

The role requires a STEM/Finance/Economics/Business degree, strong problem-solving, and prior electronic trading experience.

Qualifications

• Bachelor’s degree in STEM, Finance, Economics, or Business from a top institution.
• Strong problem-solving and strategic decision-making with the ability to think long-term.
• Prior experience in electronic trading and fast-paced environments.
• Detail-oriented with excellent written and oral communication.
• Demonstrated self-starter with the ability to learn quickly and adapt.

Responsibilities

• Manage the daily operation of the systematic trading platform with cross-functional partners.
• Develop deep understanding of market microstructure, products, and regulations.
• Design and drive continual improvement of the trading platform.
• Monitor markets and performance metrics to identify trends and actions.
• Navigate macro event risks by constructing and executing trading playbooks.
• Own risk protections and have authority over trading activities.

Skills

Problem-solving

Strategic decision-making

Written and oral communication

Self-starter

Fast learner

Education

Bachelor’s degree in STEM/Finance/Economics/Business

Tools

Linux

Python

Job description

As a Systematic Trader, you’ll join our global team of experts responsible for managing the day-to-day trading of our quantitative systematic trading strategies. You will make real-time decisions to manage risk, respond to changing market conditions, react to patterns observed in trading behaviors, and act on the broad set of alerts generated by our leading monitoring platform. You will partner with the firm’s strategy developers and technologists to deliver a best-in-class trading platform that directly unlocks business opportunities and improves the robustness of our businesses. We’re looking for extraordinary traders who are committed to our core values: winning, acting with integrity, continuously learning, and cultivating a meritocracy.

Objectives

• Manage the daily operation of our systematic trading platform, partnering with developers, researchers, and technology teams
• Develop a deep understanding of market microstructure, products, regulations, and our trading platform to facilitate business growth (new regions/venues/products, defining new technology requirements, and deployment of new strategies)
• Design and drive the continual improvement of our world-class trading platform
• Monitor markets and strategy performance metrics identifying trends that inform actions
• Understand and navigate macro event risks by constructing and executing trading playbooks
• Own risk management protections and have authority over trading activities

Skills and Preferred Qualifications

• Bachelor’s degree in STEM, Finance, Economics, or Business program from a top institution
• Excellent problem-solving and strategic decision-making ability; able to keep the big picture in mind, making informed and defensible decisions in a fast-paced trading environment
• Prior experience in electronic trading
• Detail-oriented and excellent written and oral communication skills
• Demonstrated self-starter, with the drive and can-do attitude to learn new things and push through change to deliver results
• Skill assets: experience with Linux, proficiency in Python

In accordance with applicable law, the base salary range for this role is $150,000 to $325,000.

In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, as well as a wide array of benefit programs, such as medical and life insurance, retirement and tax-free savings plans, and access to other healthcare programs.