Engineers Gate

Trading Operations Associate

Engineers Gate$70K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 0-3 years in trading operations or support roles at financial firms.
  • Bachelor's degree or relevant experience in the field.
  • Strong focus on technical and operational processes.
  • Working SQL knowledge for data management is a plus.
  • Experience with live trading systems like OMS/EMS is a plus.
  • Familiarity with monitoring tools such as PagerDuty or Grafana is a plus.

Responsibilities

  • Monitor real-time trade alerts for issues like fills and risk breaches.
  • Oversee scheduled technical jobs and triage potential failures.
  • Investigate data quality alerts and coordinate fixes with vendors.
  • Manage stock locate requests and coordinate with finance and trading teams.
  • Ensure accurate trade capture and booking in the systems.
  • Act as primary contact for execution issues during your shift.
  • Resolve discrepancies against executing brokers and escalate as needed.

Benefits

  • Opportunity to work in a fast-paced, data-driven environment.
  • High-visibility role interfacing with portfolio managers.
  • Hands-on position with direct responsibility over trade workflows.
  • Engagement with engineering and operational teams for problem resolution.
Full Job Description
About The Role

Engineers Gate runs a global, follow-the-sun systematic trading operation across equities, futures, FX, fixed income, and credit. We are hiring a Trading Operations Associate to join our global team to sit at the intersection of the trading desk, operations, and engineering to own real-time monitoring of systematic trade flow, execution alerts, automated jobs, and data pipelines; to handle core trade lifecycle workflows including locates, trade capture, trade booking, stock loan recalls, trade files and trade allocations; and to drive resolution of trade blotter breaks and executing-broker discrepancies.

This is a hands-on, high-visibility seat directly facing and supporting all portfolio managers. When something alerts, breaks or drifts, you are the first set of eyes and the first point of contact for portfolio management teams, and you drive the issue to resolution with them, the trading and operation team, engineers and developers, brokers, and vendors. This role requires a technically strong, process-driven professional with high attention to detail and solid communication skills. If you thrive in a fast-paced, data-driven environment, we encourage you to apply.

Key Responsibilities
  • Monitor systematic trade alerts in real time for rejects, stale orders, fill anomalies, venue/algo failures, risk-limit breaches, and P&L spikes.
  • Watch scheduled technical jobs across the trading stack - BOD/EOD processes, system alerts, vendor data and reference data feeds - and triage failures before they impact trading.
  • Investigate data quality alerts (stock prices and returns, vendor data, FX rates, stale prices) and coordinate fixes with the relevant vendor or source.
  • Manage stock locate file alerts, source single name locate requests, and manage locate outages across strategies and prime brokers. Coordinate with portfolio finance and trading teams on hard-to-borrow names and stock loan recalls.
  • Own trade capture and booking accuracy. Ensure fills and trades are captured cleanly into the database and downstream systems, with correct strategy, account, and economic terms.
  • Serve as the primary point of contact during your shift on execution issues, broker connectivity, OMS/EMS behavior, order-state questions for portfolio managers and all departments.
  • Identify, research, and resolve intraday system trading alerts to address mismatches across FIX order messages, drop copies, OMS GUI, database, and executing brokers.
  • Investigate and resolve trade breaks against executing brokers: quantity, price, side, fees, settlement, and allocation account discrepancies. Engage broker sales contacts directly and escalate where needed.
  • Run thorough handoff between regions with clean, written notes - Address and resolve items handed over to you; add watch items; add items for the next region; and add reminders.
  • Support post-trade flows where they touch monitoring and breaks: allocations, give-ups, exchange/clearing/matching acknowledgements.
  • Execute orders on behalf of, or as backup to, the trading desk under trader direction, primarily working/managing systematic flow, not discretionary risk-taking.
  • Provide backup coverage for team members as needed.

Qualifications
  • 0-3 years in a trading operations, trade support, production support, or operations role at a hedge fund, prop firm, bank trading desk, or execution venue.
  • Bachelor's degree or directly transferrable and applicable professional experience.
  • Strong inclination towards technical and operational processes. Process-driven mindset with a strong appreciation for operational robustness, controls, and repeatability.
  • Working SQL knowledge to pull, join, and reconcile data without waiting on engineering is a plus.
  • Direct experience monitoring live trading systems - OMS/EMS, FIX flow, algo execution, exchange connectivity (ideally in a systematic or high-message-rate environment) is a plus.
  • Experience with PagerDuty, Airflow, Grafana, or similar monitoring/alerting stacks is a plus.

The base salary for this role is anticipated to be $70,000-$100,000 , excluding potential bonuses, additional compensation, and benefits. Actual compensation will depend on various factors including skills, experience, and qualifications.

About Engineers Gate

Engineers Gate is a quantitative investment management firm that was founded in 2014 by Greg Baxter, a former head of research at Point72 Asset Management. The firm uses a data-driven approach to investing and focuses on generating alpha through systematic trading strategies. Engineers Gate manages several funds, including the Engineers Gate Alpha Fund, which has consistently outperformed the S&P 500 since its inception. The firm is headquartered in New York City and has a team of experienced professionals with backgrounds in finance, mathematics, and computer science.
Learn more about Engineers Gate
Size
50 employees
Industry
Net Income
$50 million
Founded
2014
5 Year Trend
+20%
Revenue
$1 billion

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