Assistant Trader

Posted:
4/30/2024, 2:42:12 AM

Location(s):
Miami, Florida, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

3Red Partners, a proprietary trading firm headquartered in Chicago, is seeking an Assistant Trader to join the team. We focus our efforts on hiring extremely talented and motivated individuals to collaborate with each other and be on the forefront of leveraging technology and math to implement sophisticated trading strategies.

The Assistant Trader will have the opportunity to work in our Miami office alongside senior traders and developers getting exposure to trading, quantitative research, and technology. This opportunity is great for anyone who has a keen interest in competitive activity and strategic gaming to work alongside the team to reinforce those skills. Also for someone who is seeking to make a real impact, deliver value, and work within an experienced team.

Your impact:

  • Work directly with traders and developers to monitor open positions and executions on latency sensitive automated trading systems
  • Review trading system performance and adjust trades based on market conditions which could result in manually trading to reduce risk when needed
  • Generate feedback on performance and communicate post trade analysis and market events and behaviors to team as part of contributing to all aspect of the trading desk activities
  • Help to develop improvements to the trading systems; ensure market data and research issues are tracked, bugs are fixed and deployed appropriately

Your skills:

  • A strong academic background with a Bachelor’s degree in a quantitative field such as Computer Science, Statistics, Mathematics, Economic, Physics, or Operational Research
  • Proven track record in a competitive activity such as poker and/or strategic games
  • Demonstrated ability to maintain focus under pressure and thrive in a fast-paced environment
  • Experience with writing code (Python is a plus but not required) and reviewing data sets
  • Exceptional problem solving, written, and verbal communication skills

Our perks:

3Red prides itself on offering highly competitive benefits for our employees. We have an excellent work-life balance and are able to be most productive by working together. The firm offers competitive salary and performance-based bonuses, casual dress, fully stocked pantries with many healthy options (and a bit of chocolate, too!), catered breakfast and lunches weekly, 3Red outings, and a Zen Room for moments of relaxation. Additionally, 3Red offers productivity allowances, a generous learning and development reimbursement, retirement planning, and premium health benefits.