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2023-04-14

Graduate Trader

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Flow Traders
Graduate Trader
New York, US
135,000 - 135,000
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Job Description

Flow Traders is looking for Graduate Traders to join our growing Trading team in New York. The ideal candidate is driven by their competitive spirit and passionate about the financial markets. This is a unique opportunity to join a leading proprietary trading firm with an entrepreneurial and innovative culture at the heart of its business. We value quick-witted, creative minds and challenge them to make full use of their capacities. If you aim high, the sky is the limit!

What You Will Do

As a Graduate Trader, you will begin your career at Flow with an extensive 4-month training program at our New York office. During this program, you will learn everything you need to know about our core business, the financial products we trade and the intricacies surrounding our trading processes, including pricing strategies and our proprietary trading systems. It will also include participation in trading simulations and quantitative classes hosted by our Senior Traders and Quantitative Researchers that will further strengthen your understanding of a Trader’s role in the financial ecosystem. After collaborating with your fellow graduate traders on a team project to conclude the training program, you will be assigned to an established trading desk based on your skills and interests. Gradually, you will take on more responsibilities, start monitoring markets and be able to make split-second decisions to contribute to the overall profitability of your desk!

Onboarding

As a Graduate Trader, you will begin your career at Flow with an extensive 4 month training program at our New York office. During this program, you will learn everything you need to know about our core business, the financial products we trade and the intricacies surrounding our trading processes, including pricing strategies and our proprietary trading systems. It will also include participation in trading simulations and quantitative classes hosted by our Senior Traders and Quantitative Researchers that will further strengthen your understanding of a Trader’s role in the financial ecosystem. After collaborating with your fellow graduate traders on a team project to conclude the training program, you will be assigned to an established trading desk based on your skills and interests. Gradually, you will take on more responsibilities, start monitoring markets and be able to make split-second decisions to contribute to the overall profitability of your desk!

What You Need to Succeed

  • University degree, preferably in Finance, Science, Technology, Engineering, Mathematics, Statistics, Economics or related
  • Demonstrable interest in trading and global financial markets
  • Understanding of financial products
  • Proficiency in Excel, a keen interest in IT systems and an affinity for development languages
  • Ability to deliver under pressure, with excellent mental arithmetic and analytical skills
  • Ability to spot arising opportunities and the assertiveness to seize them
  • An entrepreneurial mindset that thrives on creative problem solving
  • Collaborative team player with strong communication skills
  • Attracted to a fast-paced, team oriented work environment that offers great challenges and rewards
  • Authorization to work in the United States without restrictions

Recruitment Process

  1. Submit your resume and answer our application question. Why do you want to pursue a career in trading?
  2. Complete our Mental Math Test and Probability Brainteasers
  3. Motivational interviews with HR and Trading
  4. Final-round case study interview conducted by Senior Traders

We highly suggest that you start your application process as soon as possible as the entire recruitment process can take between 3-4 weeks. If you need an expedited process, please contact the recruitment team at careers.newyork@us.flowtraders.com

*Please note that the recruitment process will take place virtually or in person, but this position will be required to report in-person at our New York office. Where permitted by applicable law, all new hires as of August 15th 2021, will be required to provide proof of COVID-19 vaccination. Accommodations related to this requirement will be available for individuals unable to be vaccinated due to a medical condition or sincerely held religious belief.

What We Offer

At Flow Traders, we acknowledge the importance of open and transparent communication whether it be with our employees, our stakeholders, or our local and global communities.

When it comes to salary, Flow Traders uses reliable market research to create base ranges. Where candidates will fall within the range depends on a few different factors including but not limited to level of experience, location, and specific skill set.

We also consider ourselves one global team, and to demonstrate that, all employees are eligible to share in the company’s success through an annual discretionary variable remuneration allocated based on company, group and individual performance and contribution.

Per the NYC Salary Transparency Law, the total compensation for this role includes a base of $135,000 plus annual discretionary variable remuneration.

We like to think that talent grows at Flow and stays at Flow. To ensure this, we provide our employees with an extensive onboarding program, access to Flow Academy, the best working environment, the latest technology and continuous support. We go out of our way to retain the small business feeling with which we started and stimulate innovation and collaboration through teamwork and our non-hierarchical approach. In addition to salary and annual discretionary variable remuneration, we offer other fantastic perks and benefits, such as:

  • Flow Academy for continuous learning and opportunities to attend industry seminars and conferences
  • Medical, Vision, Dental Insurance coverage
  • 401k plan with generous match
  • In-house lounge with a bar, game consoles, poker & billiards tables
  • Daily catered lunch, cold brew coffee on tap and a fully stocked kitchen
  • Weekly table massages and bi-weekly haircuts
  • Annual company trip and a variety of events throughout the year
  • Reimbursed gym membership or home equipment and other wellness initiatives
  • Global rotations between our offices worldwide
  • and more!

If you are an underclassman interested in pursuing an internship in the trading space, Flow Traders also offers a Trading Internship each summer. Applications for the Summer 2024 class open in July 2023.

Flow Traders does not accept unsolicited resumes from any professional staffing or search firms. All resumes, and any other information identifying potential candidates, submitted to any employee at Flow Traders via-email, the Internet or directly without a valid and signed search agreement will be deemed free to contact by Flow Traders without any restrictions and no placement fee of any kind will be paid in the event the candidate is hired by Flow Traders.

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