Trade Operations Associate - Systematic Quant Fund

WhiteCap Search; Greenwich (CT); Hybrid; USD 100,000 - 150,000; Full time

Job summary

Join a dynamic and innovative firm as a Trade Operations Associate in a hybrid role that blends in-office collaboration with remote flexibility. This position is pivotal in enhancing the infrastructure for a systematic quant fund, focusing on trade lifecycle management and driving automation for efficiency. You will monitor trades, assess portfolio metrics, and reconcile various financial elements, ensuring smooth operations. Ideal candidates will have a strong academic background in quantitative fields and experience in trading operations. This is an exciting opportunity to contribute to a growing firm in the finance sector while developing your skills in a supportive environment.

Qualifications

• 1-5 years of trading operations experience, ideally in systematic trading or quant firms.
• Proficiency in Python and familiarity with SQL, VBA, or PowerBI.

Responsibilities

• Monitor real-time trades for accuracy within EMS/PMS during trading sessions.
• Reconcile trades, positions, PnL, commissions, and stock borrowings.
• Automate processes, evaluate new tools, and optimize systems for efficiency.

Skills

Python

SQL

VBA

PowerBI

Bash

Git

Apache Kafka

Education

Bachelor's degree in Quantitative Finance

Bachelor's degree in Math

Bachelor's degree in Computer Science

Bachelor's degree in Engineering

Tools

Enfusion

Job description

Trade Operations Associate - Systematic Quant Fund

Join to apply for the Trade Operations Associate - Systematic Quant Fund role at WhiteCap Search.

This position offers a salary range of $100,000 to $150,000 per year, based on skills and experience. The role is crucial in scaling infrastructure for growth and new fund launches, managing the full trade lifecycle, and driving automation and process improvements. It requires a hybrid work model, with 4 days in the office.

Responsibilities

• Monitor real-time trades for accuracy within EMS/PMS during trading sessions.
• Assess trade impact on portfolio metrics and risk, and optimize margin with clearing brokers.
• Reconcile trades, positions, PnL, commissions, and stock borrowings, resolving issues with counterparties.
• Identify upcoming corporate actions and trading restrictions affecting trades.
• Perform ad-hoc analysis on trading hours, broker algorithms, and exchange seat value.
• Evaluate and hedge FX exposure and track margin movements.
• Automate processes, evaluate new tools, and optimize systems for efficiency.

Requirements

• Bachelor's degree in Quantitative Finance, Math, Computer Science, Engineering, or related field from an accredited university; high academic achievement preferred.
• 1-5 years of trading operations experience, ideally in systematic trading or quant firms.
• Proficiency in Python; familiarity with SQL, VBA, or PowerBI is a plus.
• Experience with Enfusion is advantageous but not mandatory.
• Knowledge of Bash, Git, or Apache Kafka is a plus.

Note: Compensation may include bonuses and benefits. All qualified applicants will be considered without discrimination based on race, gender, or other protected characteristics.