Systematic Trader

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

Benefits offered by this job

Discretionary incentive compensation

Medical and life insurance

Retirement plans

Job summary

Citadel Securities is seeking a Systematic Trader to join a global team overseeing the day-to-day trading of quantitatively driven strategies.

You will make real-time risk decisions, respond to evolving market conditions, and work with strategy developers to deliver a robust, scalable trading platform that unlocks business opportunities and improves platform robustness.

Qualifications

• Bachelor’s degree in STEM, Finance, Economics, or Business from a top institution.
• Excellent problem-solving and strategic decision-making ability in a fast-paced trading environment.
• Prior experience in electronic trading.
• Detail-oriented with strong written and oral communication skills.
• Self-starter with drive to learn and deliver results.
• Linux proficiency and Python programming skills.

Responsibilities

• Manage the daily operation of the systematic trading platform with developers, researchers, and tech teams.
• Develop understanding of market microstructure, products, regulations, and trading platform to enable growth.
• Design and drive continual improvement of the trading platform.
• Monitor markets and strategy performance to identify actionable trends.
• Understand macro event risks and implement trading playbooks.
• Own risk management protections and have authority over trading activities.

Skills

Problem solving

Strategic decision-making

Electronic trading

Communication skills

Self-starter

Education

Bachelor’s degree in STEM, Finance, Economics, or 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.