Junior Trader
banyak groupNew York (NY)
About the role
Prop Trading firm client is looking for a junior trader that is eager to learn about high frequency trading, develop a programming background, and push the status quo. Traders are the bridge between our infrastructure and the markets; they are always looking for ways to leverage the tools they have to make our strategies more successful. We strive to help all our junior traders acquire a breadth of knowledge spanning financial markets, cutting‑edge technology, and compliance/regulation. The lines between traders, data scientists, and developers are intentionally quite blurred so that entry level employees have many options when it comes to their career progression.
Responsibilities:
Work closely with senior staff to manage risk across the books of multiple desks
Expanding and maintaining internal tools pivotal to day to day trading operations
Being hands‑on in the process of creating new trading strategies. This includes identifying opportunities, researching/testing the validity of these opportunities, and building the necessary infrastructure for a strategy to enter production.
Creating P&L, accounting, and other operational reports to assess the performance of a multitude of trading strategies.
Ideal Candidate:
Traits
Comfortable with numbers, enjoy puzzles/finding patterns and solving problems.
Able to take initiative and wear a lot of hats – we are a start‑up environment and do not have the manpower (or desire) to assign each task. You are encouraged to ask for the resources, mentorship, and direction you need to build things and solve problems, and expected to focus where you can maximize your value to the team. As you demonstrate proficiency, your responsibilities and role will grow.
Comfortable working in fast‑paced situations on a 8-12 person team of extremely bright, sometimes intense professionals.
You’re not expected to have a mastery of programming, but familiarity with Python/Linux is a bonus.
Post ID: 00064
Tagged as: discretionary research, portfolio management, quantitative research
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