Execution Trader - Hedge Fund

Summary

Asset Management One is a New York-based quantitative asset manager (SEC registered investment adviser and CFTC registered CTA/CPO) with approximately $5b under management and advisory.  We are seeking a Development Ops. Engineer.

Position Overview: The position will work in the firms trading division within the firm’s quantitative investment team. The position will be responsible for the oversight, administration and enhancement of the firm’s cross asset trade execution systems and infrastructures.  The Trader is expected to be familiar with executing transactions in global futures, options, fx, LME markets, seeking to minimize market impact and arrival versus internal benchmarks.  The Trader should also be familiar with bi-lateral trading of on-swap indices and custom baskets.  The role also requires experience with Python to further develop and enhance the automated trade life-cycle processes.  In addition, the Trader’s  responsibilities will include working with the quantitative investment team to enhance internal strategies as well as maintain the counterparty relationships across the street.

Duties and Responsibilities:

Primary responsibilities for the role are detailed below:

Oversight of internal trade execution platform

• Systematic execution of transactions on global futures markets
• Futures and options on futures
• LME
• Spot FX
• Understanding of market microstructure and exchange pricing mechanisms (settlement procedures, block trading, TAS markets)
• Deep understanding of FCM execution algorithms
• “Off the shelf” offerings (TWAP, VWAP, POV, various arrival algorithms)
• Transaction Cost Analysis of execution
• Knowledge of on-swap trading with counterparties
• Custom Cross asset baskets in TRS format
• Synthetic Risk Premia Index execution
• Experience in FX and Cash Treasury Trading

Python programming proficiency

• Assist in design, development, and testing of internal trade execution platform to extend capacity and product flow.
• Implement trading schemas and logic to reduce market impact and arrival price
• Enhance pre-trade simulations to test hypothesis
• Perform post trade analytics (TCA)
• Work closely with our 3rd party vendors to design and build reporting and API access to acquire various data, risk and post-trade analytics for internal congestion
• Work alongside the Operations team to streamline post trade processing and reporting
• Familiar with Pandas, Numpy, Jupyter Notebooks, and general SQL knowledge
• Experience with AWS (Lambda, Airflow) a plus.

Requirements

• 4-6+ years as a Trader in listed derivatives (futures, options, FX, LME)
• Excellent working knowledge of Python
• Working knowledge of databases and SQL
• Strong sense of personal responsibility and ownership of projects and tasks assigned
• Highly organized and self-motivated
• Process and detail oriented with a strong work ethic and team focused attitude.

The expected base salary ranges from $155,000 - $190,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

#WayUp

Company Overview

Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

Asset Managament One USA Inc. offers a competitive total rewards package.

We participate in the E-Verify program.

We maintain a drug-free workplace and perform pre-employment substance abuse testing.

#LI-MIZUHO