Purpose of the role
The candidate’s primary responsibilities will revolve around Americas equity trading. This will include cash equity and equity derivative related activities for the US, Canada & Latin America.
Specific responsibilities
Trading of US / Canadian / Latam equities
- Member of Boston based Trading Team responsible for handling of all US / Canada / Latam equity & equity derivative trading
- Ability to trade difficult to trade names (names having high ADV requests, high volatility, wide spreads)
- Provide oversight for broker Program trading and algorithm trades
- Determine appropriateness of execution venues for various trades
- Assist in various proprietary algorithm enhancements and broker algo experimentations
Manage Trading Implementation of both Quant and Fundamental Investment Processes:
- Liaising with Portfolio Managers to keep them informed of names impacting respective portfolios
- Work with fundamental Portfolio Managers to create best in class execution implementation
- Monitoring of execution performance and progress
- Assist with broker execution quantity tie-out and post-trade review
- Work with Operations Group on settlement / confirmation issues
- Manage relationships with numerous sell side brokers and coverage personnel
Transaction Cost Analysis
- Work with sell-side brokers and internal team members to produce value added TCA reports
- Aggregate and analyze reports and compare to reach performance conclusions
- Assist with internal report requests / RFPs
Key competencies
- 3-5 years of equity / equity derivative trading experience
- Trading experience with convertibles or other products outside cash equities a plus
- Detailed understanding of Americas market microstructure (Developed & EM)
- Experience with various sell-side algorithms
- Ability to work with various groups including Operations, Technology & Finance and act a liaison for the Trading Team
- Technical skills related to trading / order routing / transaction cost analysis
- Ability to multitask in sometimes stressful environment
- Excellent written and verbal communication skills
- Analytical mindset
** Our Culture, Values and Benefits at Man**
Man Group is proud to provide the best working environment possible for all of its employees, and we are committed to equal opportunities. At Man Group we believe that a diverse workforce is a critical factor in the success of our business and this is embedded in our culture and values. There are a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and that encourage inclusion and diversity across our firm and the industry. Man Group is a Signatory of the Women in Finance Charter and the Race at Work Charter. Man Group is also a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact HRSO@man.com. https://www.man.com/diversity
Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.
We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.