Quantitative Trading, Brooklyn Direct IndexingThis role sits at the intersection of trading, quantitative research, and operations. The Trader will partner closely with portfolio managers, quantitative researchers, operations, custodians, and brokers to implement investment decisions, enhance execution quality, and ensure positions and cash reconcile accurately across systems. It is well suited to someone who enjoys both the analytical side of execution and the operational rigor of the trade lifecycle.
Key Responsibilities and Duties- Execute equity orders across markets using quantitative and algorithmic trading techniques.
- Monitor market conditions, liquidity, transaction costs, and execution performance to optimize trade outcomes.
- Operate daily trade workflow - reconciliation, execution, allocations, and confirmations.
- Investigate and resolve trade issues and execute corrections and cancels as needed; identify root causes and partner with brokers and custodians to prevent recurrence.
- Analyze trading data to improve execution quality, reduce market impact, and strengthen operational controls.
- Develop and maintain quantitative models, analytics, and dashboards used to assess execution performance, broker algorithms, and market impact across equity trading activities.
- Monitor settlement, fails, and corporate actions, coordinating with operations and counterparties to ensure timely resolution.
- Partner with technology teams to improve automation, data pipelines, and trade processing infrastructure.
- Collaborate with portfolio managers and quantitative researchers on portfolio construction and trade implementation.
- Maintain awareness of regulatory requirements, settlement timelines, market structure developments, and industry best practices.
- Contribute to ongoing innovation across systematic and quantitative trading initiatives.
Educational Requirements- University (Degree) Preferred
Work Experience- 3+ Years Required; 5+ Years Preferred
Physical Requirements- Physical Requirements: Sedentary Work
Career Level7IC
Required Qualifications
- Minimum of 3+ years of trading, execution analytics, trading operations, or portfolio management experience.
- 1+ year of equity trading experience.
- Proficiency in python, excel and SQL.
Preferred Qualifications
- Bachelor's degree in Finance, Economics, Mathematics, Statistics or Computer Science, Engineering.
- Understanding of equity market structure, execution algorithms and transaction cost analysis.
- Experience with pre-trade and post-trade analysis.
- Familiarity with equity trade lifecycle, corporate actions, settlement, and reconciliation processes.
- Experience making high-stakes decisions based on well-reasoned analysis in a timely manner.
- Excellent communication, responsiveness, reliability and collaboration.
- Familiarity with order management (OMS) and execution management (EMS) systems.
- Familiarity with custodian and counterparty workflows and processes.
- Experience working with market data, order data, and large datasets.
- Experience with margin and cash management.
- Experience with portfolio optimization and analytics.
Anticipated Posting End Date:2026-08-21
Base Pay Range: $162,000/yr - $225,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Benefits and Total RewardsThe organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
