What are the responsibilities and job description for the Junior ETF Trader position at Belvedere Trading?
Belvedere Trading is a leading proprietary trading firm with offices in Chicago, New York, Boulder, and Singapore. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. We operate best within a team environment where we challenge each other to deliver value consistently and share in the success of the company.
Riverside Capital Markets (RCM) is a joint venture between our five founding partners and Belvedere Trading. Our teams specialize in Market Making and Quantitative Trading in Equity & ETF Options, ETFs, Futures and Futures Options. We have teams based in New York, Chicago and remote locations that utilize both internal and external software solutions for trading. We look for savvy individuals and teams who are looking to help build great businesses in the trading landscape.
Our New York based team is seeking a Quantitative Trader to join our ETF strategy. The successful candidate will start working and managing existing strategies in the US ETF market and will eventually research, design, and manage new strategies. They will work closely with the Senior ETF trader and other team members and have a direct impact on trading and PNL generation.
\n- Execute and oversee ETF trades across various markets, ensuring timely and accurate transactions.
- Analyze market trends and data to develop and refine trading strategies, aiming to capitalize on market opportunities.
- Continuously assess and manage risk exposures, adjusting positions as necessary to maintain optimal risk-reward balances.
- Work closely with technology and operations teams to enhance trading systems and processes, ensuring seamless integration and performance.
- 2 years of trading experience in US ETFs
- Series SIE 57 Required
- Strong quantitative skills, including high mathematical aptitude, experience with excel, data analytics
- Entrepreneurial attitude, creative problem-solving skills, and ability to implement iterative improvements to trading systems
- Ability to communicate clearly and efficiently in a professional and collaborative setting
- Strong programming skills in Python
Work Schedule
This position will be based in New York with the option to work in a hybrid structure with a minimum of three days in the office.
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.
Core Values
The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
Any questions regarding the virtual recruiting process, please reach out to recruiting@belvederetrading.com.
Salary : $100,000 - $150,000
