Trading Associate-Options

Tidal Financial Group; Town of Florida (NY); On-site; USD 85,000 - 120,000; Full time

Job summary

Tidal Financial Group in Palm Beach Gardens, FL is seeking a Trading Associate focused on equities and options within ETF portfolio support. You will execute trades, manage day-to-day trading operations, and collaborate with prime brokers.

The ideal candidate has 2+ years of trading experience, Bloomberg proficiency, and strong Excel skills. This role demands accurate analysis, fast execution, and close coordination with Portfolio Management and Operations to optimize fund performance.

Qualifications

• Bachelor's degree in business or quantitative field or equivalent experience.

Responsibilities

• Execute and manage trades across equities and options.

Skills

Equities trading

Options trading

Bloomberg proficiency

MS Excel

Fast-paced work environment

Strong communication

Education

Bachelor's degree in business or quantitative related field

Tools

Bloomberg

Job description

Trading Associate-Options

Tidal Financial Group Palm Beach Gardens, Florida, United States

About this position

The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.

Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.

About the role

Tidal is seeking a highly skilled Trading Associate responsible for supporting the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk-reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers.

The firm manages both active and index-based portfolios and covers most major global asset classes. This position will be closely involved in the day-to-day portfolio management functions of ETF products. The ideal candidate will have a strong background in trading equities and options. This role requires experience in using Bloomberg or other institutional trading platforms, as well as a background in financial services and back/middle office operations.

What you'll do

• Execute and manage trades across equities and options.
• Execute day-to-day duties in the Trading Operations Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
• Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
• Assist the team with rebalances, new fund launches, and custom in-kind baskets prior to taking on these tasks independently.
• Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.
• Stay updated with market trends, economic developments, and trading strategies.
• Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.
• Strong familiarity with Microsoft Excel and other Office applications.
• Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
• Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.
• A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
• Continually analyzing, reviewing and improving our operations and service as the trading business evolves.
• The individual will be expected to interact and build strong relationships with stakeholders.

Qualifications

• Bachelor's degree, preferably in business or quantitative related, or relevant experience
• 2 or more years of experience in trading equities and options with a strong emphasis on option trading
• Institutional/RIA trading experience
• Proficiency with Bloomberg or similar institutional trading platforms
• Strong understanding of financial markets and trading strategies
• Excellent communication and customer service skills
• Ability to work in a fast-paced and dynamic environment
• Demonstrated history of solving complex problems
• Proficient with MS Office Suite
• Very high level of competency in Excel

Preferred Qualifications

• Experience with trading platforms, order management systems (OMS), and post-trade processing
• Experience working for a firm that manages 40 Act products
• Familiarity with regulatory requirements related to trading activities
• Proximity to Palm Beach Gardens or Chicago preferred

Salary Information

The pay range for this role is:
85,000 - 120,000 USD per year (W. Palm Beach Office)