At a Glance
- Tasks: Support trading operations, resolve trade issues, and enhance processes with innovative tools.
- Company: Join Two Sigma, a leading firm in quantitative investment and trading.
- Benefits: Competitive salary, diverse team, and opportunities for professional growth.
- Other info: Collaborate across teams and work on exciting projects in a dynamic setting.
- Why this job: Be part of a fast-paced environment where your ideas can shape the future of trading.
- Qualifications: Bachelor’s degree and 2-5 years of operations experience in trading.
The predicted salary is between 50000 - 70000 € per year.
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting‑edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalise on market opportunities and deliver alpha for investors. Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world’s most complex economic problems. Two Sigma Securities brings a scientific approach to systematic trading and risk management to make markets more efficient. Our team trades over 10,000 US equities and 4,000 listed options, leveraging our high‑performance trading system to execute over 850 million shares per day. Two Sigma Securities is entering an exciting growth phase. We value the insights of our colleagues and encourage them to innovate and shape their own work agenda. New joiners use our proprietary platform to work on diverse projects. From building next‑generation trading technologies and researching novel AI and machine learning techniques to enhancing our strategies and deploying automation, our team is pushing the frontier in systematic trading.
We are seeking a highly organised, thorough and technically proficient Operations Associate to join our team. In this role, you will perform critical middle‑office functions and contribute to projects and initiatives that support Two Sigma Securities’ core business operations. The position offers broad exposure to various markets and opportunities to collaborate across Modeling/Trading, Engineering, and Corporate. If you are passionate about joining a fast‑paced, diverse team where creative versatility drives brand excellence, we would love to meet you!
You Will Have The Following Responsibilities:
- Resolve trade breaks in coordination with clearing brokers and counterparties
- Perform daily and month‑end reconciliation of positions, cash and P&L against broker and administrator records
- Ensure trading systems apply reconciled data and that all operational procedures and risk controls are accurately maintained
- Analyze and process corporate actions
- Monitor and resolve locates and potential buy‑ins
- Find opportunities to build new tools and improve existing process flows and controls
- Provide operational support to trading desks
- Coordinate cross‑functional processes and projects with internal and external partners
- Assist with the onboarding of new strategies and business initiatives
You Must Possess The Following Qualifications:
- Bachelor’s degree in a related field with a strong academic record
- 2–5 years of operations experience at a trading firm
- Experience with equities, options, futures and swap products across the full trade lifecycle
- Ability to navigate technological workflows across multiple platforms
- Comfort working with large data sets to identify patterns and irregularities
- Strong multitasking and prioritisation skills
- Collaborative approach to problem solving
- Understanding of risk management as it relates to trade support and execution
- Proven reliability, sound judgment, and accountability
- Excellent written and verbal communication skills
- Proficiency with Excel and Bloomberg
Preferred Qualifications:
- FINRA Series 7 or Series 99 license
- Experience with Alteryx, Tableau and LLMs
TSS Operations Associate employer: Two Sigma
Two Sigma is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for those looking to thrive in the fast-paced world of quantitative investment management. With a commitment to employee growth, you will have the opportunity to work on cutting-edge projects alongside talented professionals, all while enjoying a supportive environment that values diverse perspectives and encourages creative problem-solving. Located in a vibrant area, Two Sigma offers not only competitive benefits but also a unique chance to be part of a team that is at the forefront of transforming financial markets through technology and data science.
StudySmarter Expert Advice🤫
We think this is how you could land TSS Operations Associate
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Two Sigma. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since this role involves working with trading systems and data analysis, make sure you can confidently discuss your experience with tools like Excel and Bloomberg.
✨Tip Number 3
Show off your problem-solving skills! Be ready to share examples of how you've tackled challenges in previous roles, especially in operations or trading environments. We love hearing about creative solutions!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Two Sigma.
We think you need these skills to ace TSS Operations Associate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the TSS Operations Associate role. Highlight your operations experience, especially in trading firms, and don’t forget to mention any relevant qualifications like your degree or licenses.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a great fit. Be sure to mention your familiarity with trading systems and your collaborative approach to problem-solving.
Showcase Your Technical Skills:Since this role involves working with large data sets and various platforms, make sure to highlight your proficiency with tools like Excel and Bloomberg. If you have experience with Alteryx or Tableau, definitely include that too!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s a straightforward process, and we can’t wait to see your application come through!
How to prepare for a job interview at Two Sigma
✨Know Your Numbers
Make sure you brush up on your knowledge of equities, options, and futures. Be prepared to discuss how these products work and your experience with them. Having specific examples from your past roles will show that you’re not just familiar with the concepts but can apply them in real-world scenarios.
✨Showcase Your Tech Savvy
Since the role involves navigating technological workflows, be ready to talk about your experience with tools like Excel, Bloomberg, and any other relevant software. If you've used Alteryx or Tableau, mention how you leveraged these tools to improve processes or analyse data.
✨Demonstrate Problem-Solving Skills
Two Sigma values a collaborative approach to problem-solving. Prepare to share examples of how you've resolved trade breaks or reconciled positions in the past. Highlight your ability to work with cross-functional teams and how you’ve contributed to improving operational processes.
✨Communicate Clearly
Excellent communication skills are a must for this role. Practice articulating your thoughts clearly and concisely. During the interview, ensure you listen actively and respond thoughtfully to questions, demonstrating your ability to convey complex information effectively.
