Job description
Job Title: ETF Trader (Off-the-Run Strategies)
Location: New York, NY
Company: Prop Trading Firm
About Us:
Leading proprietary trading firm based in New York City, specializing in innovative trading strategies across a wide range of asset classes. We pride ourselves on our entrepreneurial culture, cutting-edge technology, and commitment to delivering exceptional results. We are seeking a highly skilled and experienced ETF Trader with a proven track record in off-the-run strategies to join our dynamic team.
Position Overview:
We are looking for an ETF Trader with expertise in off-the-run strategies to manage and optimize a proprietary trading book. The ideal candidate will have a strong understanding of ETF markets, liquidity dynamics, and the ability to identify and execute on niche opportunities. A proven track record of generating consistent risk-adjusted returns with a Sharpe ratio of 3+ and an ROC of 100%+ is essential.
Key Responsibilities:
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Develop, implement, and manage off-the-run ETF trading strategies to generate alpha.
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Monitor and analyze market conditions, liquidity, and pricing to identify trading opportunities.
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Execute trades efficiently while managing risk and ensuring compliance with firm policies.
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Collaborate with quantitative researchers and developers to refine strategies and improve execution algorithms.
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Continuously evaluate and optimize trading performance, ensuring alignment with firm objectives.
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Stay abreast of market developments, regulatory changes, and emerging trends in the ETF space.
Qualifications:
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Proven track record of success in ETF trading with a Sharpe ratio of 3+ and an ROC of 100%+.
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Deep expertise in off-the-run ETF strategies and niche market opportunities.
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Strong understanding of market microstructure, liquidity dynamics, and trading mechanics.
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Proficiency in data analysis, statistical modeling, and programming (Python, R, or similar).
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Excellent decision-making skills and the ability to perform under pressure in a fast-paced environment.
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Strong communication and collaboration skills, with the ability to work effectively within a team.
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Bachelor’s degree in Finance, Economics, Mathematics, or a related field (advanced degree preferred).
What We Offer:
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Competitive compensation package with significant earning potential.
- Access to cutting-edge technology, tools, and resources.
- up to 40% split on PnL
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A collaborative and entrepreneurial work environment.
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Opportunities for professional growth and development.
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The chance to work with a team of talented and driven professionals.