At a Glance
- Tasks: Monitor trading activities and manage risks while developing tools for efficiency.
- Company: Join Squarepoint, a leader in trading and monitoring with a dynamic team.
- Benefits: Flexible shifts, competitive pay, and opportunities for skill development.
- Other info: Exciting chance to work in a fast-paced environment with growth potential.
- Why this job: Be part of a critical team ensuring smooth trading operations 24/7.
- Qualifications: Bachelor's degree in a quantitative field and Python programming skills.
The predicted salary is between 58043 - 70941 £ per year.
Working Hours: This role requires working on shifts to support 24/7 coverage across regions.
Role Overview: Squarepoint is building a Central Trading & Monitoring team to ensure around-the-clock supervision of trading activities and operational processes. As a Shift Trader, you will play a critical role in risk management, trade oversight, operational lifecycle management, and incident response. You will also actively contribute to the automation and efficiency of the team’s workflow by developing tools and scripts to streamline monitoring and trading operations.
Responsibilities:
- Active Risk Monitoring: Monitor real-time exposures across Squarepoint’s trading activities, proactively raise alerts and escalate incidents as required, execute hedging actions following established procedures, monitor profit and loss, and risk metrics, ensuring continuity during market holidays.
- Production Monitoring: Oversee systematic trading strategies, including restarting as needed, respond to alerts and ensure the smooth operation of trading processes, support internal teams with issue escalation and resolution.
- Ad-hoc Trading & Operations Tasks: Perform ad-hoc hedging and booking tasks as they arise, support pilots and special initiatives, respond to diverse requests from internal and external stakeholders.
- Additional oversight areas (as activity scales): Monitor market-making activities and exposures, taking action in case of issues, use and improve tools to run post-execution analysis and achieve best execution, support trading of new products as they are launched (e.g., power and gas markets), oversee lifecycle management tasks, including monitoring of position rolls, option expirations, and corporate actions, respond rapidly to risk limit breaches and serve as a contact point for market counterparties, support near round-the-clock trading, including special coverage for weekend or holiday markets.
- Process Improvement: Dedicate time to streamlining monitoring and booking workflows using scripting or automation, engage with stakeholders to identify new requirements and extend team responsibilities.
Qualifications: Bachelor’s degree in a quantitative or related field, programming proficiency in Python.
Tradesmen Needed Immediate Start in London employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
