GBM - Public, ETF Trading, Vice President - New York

About the Role:

We are seeking a highly skilled and motivated Systematic ETF Trader to join our dynamic trading team. The ideal candidate will be responsible for developing, testing, and executing systematic trading strategies focused on Exchange-Traded Funds (ETFs) across various asset classes. This is an excellent opportunity for a quantitative professional with a passion for financial markets and algorithmic trading.

Key Responsibilities:

• Strategy Development:

• Design, develop, and implement algorithmic trading strategies that trade ETFs across global markets.

• Data Analysis & Modeling:

• Utilize historical and real-time market data to identify inefficiencies and create predictive models that inform trading decisions.

• Backtesting & Optimization:

• Conduct rigorous backtesting of trading strategies to ensure robustness and optimize for risk-adjusted returns.

• Execution:

• Manage and execute trades through automated systems, ensuring minimal slippage, transaction costs, and market impact.

• Risk Management:

• Monitor and manage trading risks, including market risk, liquidity risk, and operational risk, ensuring compliance with risk guidelines and limits.

• Performance Analysis:

• Track and analyze the performance of strategies, identify areas for improvement, and implement iterative changes to enhance profitability and performance.

• Collaboration:

• Work closely with quantitative researchers, data scientists, and other traders to refine strategies and improve performance.

• Technology Integration:

Leverage advanced tools and platforms for data analysis, strategy development, and execution (e.g., Python, SQL, MATLAB, etc.).

Requirements:

• Education:

• Bachelor's degree in Finance, Economics, Engineering, Computer Science, Mathematics, or a related field.

• Experience:

• Proven experience (2+ years) as a quantitative trader, systematic trader, or similar role, with a strong focus on ETFs and algorithmic trading.

• Technical Skills:

• Proficiency in programming languages such as Python, C++, Java, or similar, along with experience in financial modeling, data analysis, and backtesting.

• Quantitative Skills:

• Strong background in statistics, econometrics, or machine learning techniques, with the ability to apply them to trading strategies.

• Market Knowledge:

• Deep understanding of financial markets, especially ETFs, including structure, liquidity, and market microstructure.

• Problem-Solving:

• Strong analytical and problem-solving skills with a keen ability to think critically and adapt to evolving market conditions.

• Communication:

Strong verbal and written communication skills for collaborating across teams and presenting findings to stakeholders.

The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.