At a Glance
- Tasks: Join a global team to develop and execute innovative trading strategies.
- Company: Elite trading firm with a focus on collaboration and cutting-edge research.
- Benefits: Competitive salary, bonuses, health benefits, and 401(k) contributions.
- Why this job: Make an impact in the fast-paced world of discretionary trading.
- Qualifications: Bachelor’s degree in a quantitative field and 3+ years of trading experience.
- Other info: Opportunity to train junior traders and advance analytical tools.
The predicted salary is between 36000 - 60000 £ per year.
As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint’s discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.
- Identify, research, evaluate, and implement discretionary trading strategies
- Communicate with trading and risk management to ensure understanding of trading strategies and risk
- Collaborate with Traders, Analysts, and Quantitative Researchers globally
- Contribute to the advancement of analytical tools
- Leverage internal data and research tools as well as external research and relationships
- Train and develop junior discretionary traders
Required Qualifications:
- Bachelor’s degree in a quantitative or related field, advanced degree preferred
- 3+ years of proven trading experience in a buy-side or sell-side capacity
- Successfully built and managed trading strategies
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fast-paced environment
The minimum base salary for this role is $60,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
Senior Discretionary Trader - Macro in London employer: Squarepoint Capital
Contact Detail:
Squarepoint Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Discretionary Trader - Macro in London
✨Network Like a Pro
Get out there and connect with people in the trading world! Attend industry events, join online forums, and don’t be shy about reaching out to current traders. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your trading strategies and successes. We want to see how you’ve made an impact in your previous roles. Bring examples of your work and be ready to discuss them in detail!
✨Stay Updated on Market Trends
Keep your finger on the pulse of the market! Read up on the latest trends and news in equities, commodities, and FX. This will not only help you in interviews but also show that you’re genuinely passionate about trading, which we love to see.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive opportunities listed there that you won’t find anywhere else. Let’s get you on board!
We think you need these skills to ace Senior Discretionary Trader - Macro in London
Some tips for your application 🫡
Show Off Your Trading Experience: When you're writing your application, make sure to highlight your trading experience. We want to see how you've successfully built and managed trading strategies in the past. Don't hold back on the details – this is your chance to shine!
Communicate Clearly: Strong communication skills are key for us at StudySmarter. In your application, be clear and concise about your experiences and how you can collaborate with our global team. Remember, we’re looking for someone who can liaise effectively with traders and researchers alike.
Tailor Your Application: Make sure your application speaks directly to the role of Senior Discretionary Trader. Use the job description as a guide and tailor your CV and cover letter to reflect how your skills and experiences align with what we're looking for. It shows us you’re genuinely interested!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy – just follow the prompts and you’ll be set!
How to prepare for a job interview at Squarepoint Capital
✨Know Your Strategies Inside Out
As a Senior Discretionary Trader, you'll need to demonstrate a deep understanding of your trading strategies. Be prepared to discuss specific strategies you've developed and managed, including the rationale behind them and their performance metrics.
✨Showcase Your Collaboration Skills
This role involves working closely with Quantitative Researchers and other Traders. Highlight your experience in collaborative environments and be ready to share examples of how you've successfully communicated complex ideas to diverse teams.
✨Demonstrate Your Analytical Prowess
Since you'll be contributing to the advancement of analytical tools, come prepared to discuss any analytical methods or tools you've used in your previous roles. Show how you leverage data to identify and implement trading opportunities.
✨Prepare for Fast-Paced Scenarios
Given the urgency of the trading environment, be ready to discuss how you handle pressure and make quick decisions. Share examples from your past experiences where you thrived in fast-paced situations and how you maintained accuracy under stress.