Senior Systematic Equities Trader

Posted:
9/21/2023, 10:22:15 AM

Location(s):
New York, New York, United States ⋅ Chicago, Illinois, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, London, and Singapore are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth.

We are seeking a Senior Systematic Equities Trader to join our growing firm. This Senior Systematic Equities Trader will report directly to a managing partner in our NYC office. This trader will join a close-knit team of technologists and quantitative researchers to deploy systematic equity trading strategies in global equity and futures markets using Old Mission’s low-latency trading infrastructure. 

Successful candidates will have a strong research background, technical skills, and a successful track record building systematic quantitative strategies in equities or equity derivatives such as futures and exchange-traded funds (ETFs). This candidate must be able to demonstrate exemplary decision-making skills in addition to superior risk management, theoretical pricing, and market structure knowledge.

Responsibilities of this role: 

  • Work closely with internal engineering and research teams to develop proprietary trading strategies, theoretical pricing models, and risk management techniques.
  • Collaborate with the team on intraday/short-term alpha research, focusing on idea generation, data gathering, research/analysis, and model implementation for systematic trading strategies.
  • Utilize sound financial insight and statistical learning techniques to explore, analyze, and harness a wide range of datasets building predictive models.
  • Design and implement short-term trading strategies using Python and C++ which use Old Mission’s low-latency trading infrastructure to produce superior risk-adjusted returns.

Requirements: 

  • Bachelor’s degree or equivalent degree in Computer Science, Engineering, Mathematics, Statistics, Finance, Economics, or a related technical or scientific field.
  • Extensive experience in quantitative/systematic trading, ideally in cash equities (domestic and foreign markets) or equity derivatives (futures, ETFs, etc).
  • Full stack trading strategy development skills and experience, including model/signal generation, strategy, execution, optimization, and risk management.
  • Ability to write software in Python, C++, or both.
  • Excellent written and oral communication skills.
  • Self-starter with a strong desire to build a successful trading desk at Old Mission.

In accordance with New York City’s Pay Transparency Law, the anticipated base salary range for this role is $175,000 to $250,000. Base salary does not include other forms of compensation or benefits offered to employees.

 

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.