Senior Delta 1 Trader

Overview:

My client is seeking an experienced Delta One Trader with a strong focus on ADR/GDR arbitrage and equity markets to join our global trading team. This role is ideal for a highly analytical individual with a systematic trading background and deep expertise in global equity instruments. The successful candidate will be responsible for driving profitability through sophisticated arbitrage strategies, managing risk in real-time, and collaborating closely with quants, developers, and execution teams.

Key Responsibilities:

• Design, execute, and manage delta one trading strategies across ADR/GDR pairs, focusing on both intra-day and medium-horizon arbitrage opportunities.
• Leverage systematic models and data-driven insights to inform trading decisions and enhance alpha capture.
• Optimize execution via low-latency infrastructure, internal algos, and smart order routing.
• Collaborate with quantitative researchers and technologists to improve strategy performance and streamline trading processes.
• Monitor and manage real-time risk exposures, PnL, and capital allocation across books.
• Stay current on market structure, regulatory changes, and corporate actions affecting ADR/GDR vehicles and related equity markets.

Qualifications:

• 5+ years of experience at a systematic trading firm or hedge fund, with a proven track record in delta one trading and global equities, specifically ADR/GDR instruments.
• Strong coding and data manipulation skills (e.g., Python, SQL, or similar); familiarity with backtesting frameworks is a plus.
• Deep understanding of market microstructure, cross-listing arbitrage, and liquidity dynamics.
• Experience with automated trading systems and working closely with quant developers and infrastructure teams.
• Exceptional attention to detail, with strong risk management and analytical skills.
• Self-starter mentality with the ability to operate independently in a high-pressure environment.

Preferred Qualifications:

• Prior involvement in the buildout or scaling of an ADR/GDR trading book.
• Experience in emerging markets and/or access to local market data feeds (US/Europe).
• Exposure to portfolio financing, synthetic equity products, or swap-based trading.