HighTower Advisors

Senior Associate, Capital Markets Trading

HighTower Advisors$90K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, or related field
  • 3+ years of experience in capital markets trading with a strong track record
  • Extensive knowledge of financial instruments and trading strategies
  • Proficiency in trading platforms and order management systems
  • Strong understanding of risk management principles and mitigation strategies
  • Awareness of industry developments and regulatory changes

Responsibilities

  • Execute and manage trades across multiple asset classes while adhering to compliance guidelines
  • Utilize trading technologies to efficiently execute trades
  • Monitor trading positions to ensure risk limit compliance
  • Implement risk mitigation techniques like hedging and stop-loss orders
  • Conduct market analysis to identify trading opportunities
  • Collaborate with colleagues to develop and refine trading strategies
  • Maintain strong relationships with brokers and internal stakeholders for optimal execution

Benefits

  • Medical, dental, and vision insurance from day one
  • Paid parental leave for both primary and secondary caregivers
  • Onsite mother's lounge
  • Flexible PTO plan
  • Hybrid work schedule with in-office and remote options
  • Access to a brand-new gym in the office
  • 401k matching plan
  • Employer contributions to HSA
  • Student loan assistance
  • Pet insurance
Full Job Description
Your Future Team

Hightower's Operations team supports Advisory teams through the creation, maintenance, and amendments of Client Agreements and custodian maintenance.

Reporting to the Executive Director of FI Trading, you will play a pivotal role in executing and managing complex trading strategies, analyzing market trends, and collaborating with various colleagues to optimize trading performance at Hightower. The ideal candidate possesses a deep understanding of capital markets, exceptional analytical skills, and a proven track record in executing successful trades across multiple asset classes.

What You'll Do

Trade Execution and Management
  • Execute and manage trades across various asset classes, including equities, fixed income, derivatives, and foreign exchange, while adhering to pre-established risk management and compliance guidelines
  • Utilize trading platforms, order management systems, and other relevant technologies to execute trades efficiently and effectively

Risk Management and Compliance
  • Monitor and manage trading positions to ensure compliance with risk limits and regulatory requirements.
  • Implement risk mitigation techniques, such as hedging and stop-loss orders
  • Maintain accurate and comprehensive trade records, ensuring compliance with internal policies and external regulatory frameworks

Market Analysis and Strategy Development
  • Conduct in-depth analysis of market conditions, trends, and economic indicators to identify trading opportunities and mitigate potential risks
  • Collaborate with senior traders and portfolio managers to develop and refine trading strategies, incorporating quantitative models, technical analysis, and fundamental research

Performance Monitoring and Improvement
  • Monitor and evaluate trading performance and profitability, identifying areas for improvement and implementing appropriate measures to enhance overall results

Relationship Management
  • Develop and maintain strong relationships with brokers, counterparties, and internal stakeholders to optimize trading execution and access to liquidity
  • Work closely with cross-functional teams, including research analysts, risk managers, compliance officers, and operations professionals, to facilitate seamless trade execution and resolve any issues that may arise


What You'll Bring
  • Bachelor's degree in Finance, Economics, Mathematics, or a related field
  • 3+ years of experience in capital markets trading, with a strong track record of executing successful trades across multiple asset classes
  • Extensive knowledge of financial instruments, trading strategies, market structure, and regulatory frameworks governing capital markets
  • Proficiency in using trading platforms, order management systems, and related technologies.
  • Strong understanding of risk management principles and the ability to implement risk mitigation strategies
  • Stay abreast of industry developments, regulatory changes, and emerging market trends, actively participating in professional development activities to enhance knowledge and skills


What We Offer
  • Coverage on the first day of employment for medical, dental, and vision insurance
  • Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
  • Mother's lounge onsite
  • Flexible PTO plan
  • In-office Monday through Thursday and work from home on Fridays
  • Free brand-new gym in the Chicago office
  • 401k matching plan
  • HSA employer contributions
  • Student loan assistance
  • Pet insurance
  • Base salary of $90,000-$105,000 plus discretionary bonus (exact base salary amount will be dependent on experience)


About HighTower Advisors

Industry
Founded
2008

Similar Jobs

More Jobs at HighTower Advisors

More Finance & Insurance Jobs

Find similar Senior Associate, Capital Markets Trading jobs: