Trade Associate - Leverage

Tidal Financial Group

• $85K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or a quantitative field, or equivalent experience
  • 1-3 years of trading experience with a focus on equities and options
  • Institutional or RIA trading experience
  • Proficient in Bloomberg or comparable trading platforms
  • Strong command of financial markets and trading strategies
  • Excellent communication and customer service skills
  • Demonstrated ability to work in fast-paced environments and tackle complex problems
  • High proficiency in MS Excel and Office Suite

Responsibilities

  • Execute and manage trades across equities, options, and swaps
  • Handle day-to-day operations of the Trading Team, including trade allocation and reconciliation
  • Utilize Bloomberg for efficient trade execution
  • Collaborate with Prime Brokers and Market Makers for best execution
  • Stay informed about market trends and economic developments
  • Ensure portfolio performance aligns with fund objectives
  • Enhance trading processes in partnership with Investment/Portfolio Management
  • Build solutions for the Operations Team to enable effective transaction execution
  • Analyze and improve trading operations as the business evolves
  • Develop strong relationships with stakeholders

Benefits

  • Comprehensive health benefits
  • 401(k) retirement plan
  • Opportunities for professional development
  • Supportive work environment fostering teamwork
  • Access to advanced trading tools and platforms
Full Job Description
About the role

We are seeking a skilled Leverage Trading Associate responsible for the implementation and management of various leveraged Exchange-Traded Funds (ETF). This role requires a deep understanding of financial markets, strong analytical skills, and an ability to manage portfolios within a fast-paced environment. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. This position will closely be involved with day-to-day portfolio management functions of leveraged ETFs.

The ideal candidate will have a strong understanding of equities, options, and other derivatives. This role requires using Bloomberg and other institutional trading platforms. A background in financial services and back/middle office operations is preferred.

What you'll do

  • Execute and manage trades across equities, options, and swaps.
  • Execute day-to-day duties in the operations of the Trading Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
  • Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
  • Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.
  • Stay updated with market trends, economic developments, and trading strategies.
  • Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.
  • Strong familiarity with Microsoft Excel and other Office applications.
  • Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
  • Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.
  • A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
  • Continually analyzing, reviewing and improving our operations and service as the trading business evolves.
  • The individual will be expected to interact and build strong relationships with stakeholders.

Qualifications

  • Bachelor's degree, preferably business or quantitative discipline related, or relevant experience
  • 1-3 years of experience (or more) in trading equities, options, and fixed income, with a strong emphasis on option trading
  • Institutional/RIA trading experience
  • Proficiency with Bloomberg or similar institutional trading platforms
  • Strong understanding of financial markets and trading strategies
  • Excellent communication and customer service skills
  • Ability to work in a fast-paced and dynamic environment
  • Demonstrated history of solving complex problems
  • Proficient with MS Office Suite
  • Very high level of competency in Excel

Preferred Qualifications

  • Experience with trading platforms, order management systems (OMS), and post-trade processing
  • Experience working for a firm that manages 40 Act products
  • Familiarity with regulatory requirements related to trading activities
  • Experience working in a fast-paced, deadline-driven environment


The pay range for this role is:

85,000 - 120,000 USD per year (UNITED STATES)

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