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.
- Other info: Opportunity to train junior traders and advance analytical tools.
- 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.
Position Overview: 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 $150,000 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 employer: Squarepointcapital
Squarepoint is an exceptional employer for Senior Discretionary Traders, offering a dynamic work culture that fosters collaboration and innovation. With access to a world-class research platform and opportunities for professional growth, employees are encouraged to develop their skills while contributing to cutting-edge trading strategies. Located in New York, the company provides competitive compensation packages, including discretionary bonuses and comprehensive benefits, making it an attractive choice for those seeking a rewarding career in finance.
