Systematic / Semi-Systematic Trader (3+ Sharpe) – Global Proprietary Trading House

Location New York
Discipline: Hedge Funds & Proprietary Trading
Job type: Permanent
Contact name: James Findlay

Contact email: james.findlay@venturesearch.com
Job ref: 1716
Published: over 1 year ago
Systematic / Semi-Systematic Trader (3+ Sharpe) – Global Proprietary Trading House

A leading global trading house is looking to add a senior trader to their US franchise. The group has offices in NYC, Chicago and Houston – so candidates could be based in either location OR remote for exceptional circumstances.

The firm employs a multi-strategy approach, so are agnostic in terms of asset class coverage, as long as the strategy has strong returns (20%+) and a sharpe ratio of 3+ and an ability to scale. The current PM’s on the platform have come from a number of leading Hedge Funds and Prop Trading houses, so there is excellent DNA running through the company with a super collaborative environment allowing PM’s to maximise their returns through information sharing.

Responsibilities include:
  • Designing, implementing and executing trading strategies in line with the firms objectives.
  • Monitoring of trading activity and positions
  • Research and post trade analysis using the firm’s research tools on a host of trading strategies to improve profitability of existing models
  • Compiling end of day PnL and position reporting
  • Communicating with exchanges, risk managers and internal technology groups regarding production issues
  • Work closely with strategy developers in order to communicate and propose certain strategy specific code changes related to execution, pricing, and risk management
Ideal Candidates will have:
  • Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field
  • 5+ years work experience trading financial products
  • Systematic element to their strategy (employing a model driven approach)
  • Able to bring their own strategy  (3+ sharpe with demonstrable returns)
  • 20%+ Return on capital
  • Strong organizational skills and attention to detail
  • Excellent written and verbal communication skills
  • Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk