Trader, Equity Trading

PanAgora Asset Management; Boston (MA); On-site; USD 150,000 - 210,000; Full time

Job summary

PanAgora Asset Management in Boston seeks an experienced Trader to implement investment decisions across Equity, FX, and other products. The desk executes orders across Emerging & Developed Markets and long-term rebalance baskets; reports to Director of Equity.

The role emphasizes leveraging programming, data analytics, and AI to automate processes, collaborate with Investment Teams, and improve execution and efficiency.

Qualifications

• 5+ years of experience trading equities in global markets or execution research.
• Strong knowledge of equity markets, algorithms, and electronic trading tools.
• Experience with Python and SQL; AI-enabled development tools is a plus.
• Proven ability to work with trading teams to implement strategies.

Responsibilities

• Execute orders in global markets to position portfolios.
• Communicate trade performance and market activity to Investment Teams.
• Perform administrative tasks and data integrity checks with trading ops.
• Reconcile post-trade details with brokers for proper settlement.
• Conduct transaction cost research to improve trading capabilities.
• Collaborate with Investment Team to design proprietary trading tools.
• Leverage programming and data analytics to automate processes and insights.

Skills

Equity trading

Execution research

Programming: Python & SQL

AI-enabled development tools

OMS/EMS experience

Team collaboration

Market knowledge

Education

BA/BS in finance, CS, OR/M, engineering, math

Tools

Enfusion

Newport

Job description

Company Overview

Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information. While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process, and is an essential component of our firm’s ability to deliver attractive investment solutions. Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods.

We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources. Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates.

Summary

Working as part of a team of traders, which are embedded in the Investment Team, the primary responsibility for the Trader is to implement PanAgora’s investment decisions. The desk is responsible for executing orders across products; Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed Markets, Electronic and Sell-Side Desk Trading, Special Situations and Long-term rebalance baskets. This position will report to the Director of Equity responsible for trading and portfolio construction.

Primary Duties and Responsibilities

• Execute orders in global markets to ensure portfolios are properly positioned.

• Communicate trade performance, relevant news and market activity, and trading strategy to the Investment Teams

• Perform administrative assignments:

• Interact with trading operations to ensure data integrity

• Reconcile post-trade details with the brokerage community to ensure proper settlement of executions

• Perform transaction cost research to enhance the firm’s trading capabilities and increase the team’s electronic trading capabilities.

• Partner with Investment Team members and the desk to design and develop proprietary trading tools that enhance execution, workflow efficiency, and decision-making.

• Leverage programming, data analytics, and AI technologies to automate processes, improve market insights, and support scalable trading operations.

Essential Skills:

• 5+ years of experience trading equities in global markets or execution research

• Strong working knowledge of equity markets, algorithms and electronic trading tools

• Prior experience creating intra-day trading strategies is a plus

• Experience with programming, automation, and data analytics, including knowledge of Python, SQL, and AI-enabled development tools, is strongly preferred to support the continued evolution of the firm’s trading and investment capabilities

• Experience with an OMS and EMS is required, with Enfusion and/or Newport experience a plus

• BA or BS degree required: major in finance, computer sciences, operations management, engineering, mathematics or similar discipline is preferred

• Team player; willingness to work with people at all levels to promote the firm’s common interests, and to work tirelessly toward the achievement of both departmental and personal goals

Company Overview

Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information. While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process, and is an essential component of our firm’s ability to deliver attractive investment solutions. Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods.

We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources. Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates.

PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws.

**PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws.