Business Overview:

The purpose of the Automated Client Execution desk is to manage and service all trading activity that needs to be segregated from the traditional principle market-making/trading desk. The aim to provide a fully automated transparent service to both internal and external clients of the bank. Ace Services will include:

• Management of all Risk-Less trading Activity
• Management of Automated Hedging Strategies for Sensitive order flow
• Produce Execution/Liquidity analysis using analytical tools
• Management of Sensitive Client Flow/Order Information

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work.
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

• Build out of our Ace business beyond FX to include rates products and beyond as we become a cross asset ACE team.
• Develop our commercial strategy for UST algo offering and client impact
• Monitoring and Operational Capacity, specifically book keeping and monitoring of trading books.
• Cover any excess positions that materialize in the live trading books (As defined in the trading mandate).
• Partnership with marketing desks
• Manage and Monitor Active Client Orders.
• Produce MIS on all ACE execution activities (Quant analytics)
• Produce liquidity analysis for clients and overall platform (Quant analytics)
• Troubleshoot any issues around execution.
• Assist in the design and development of automated strategies.
• Manage any residual position in all iX portfolios.
• Report daily PnL to management.
• To protect sensitive client order information from the principle trading desks.

Minimum Required Qualifications:

• Required 3 years experience with electronic trading platforms
• Preferred 3 years experience managing, pricing and market-making financial credits
• Experience in a computer language (R, Python, ect) to provide quant analytics
• Works collaboratively with Sales, IT and Research teams
• Understands and values all business and transaction related risks, including market, credit, operational, compliance, legal, regulatory and reputation risks.
• Focuses on trades with the right profitability and risk/reward balance.
• Excel skills (VBA/Macro Level)

Preferred Qualifications:

To hold a degree with an internationally recognized university in a quantitative discipline (mathematics, engineering, physics, statistics, etc preferred)

FINRA Registrations Required:

• Seires 7,63, SIE

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Yes

SEC Security-Based Swap Dealer Associated Person:

• Yes

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $150,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.