Description
RESPONSIBILITIES:
- Manage and execute order flow from team members; validate with third-parties
- Exercise discretion to maximize executed volumes and reduce slippage by improving execution prices
- Utilize available system tools and algorithms to construct and execute complex trade structures
- Manage relationships with brokers, members of exchanges, etc. to improve market liquidity
- Review open orders and daily strategy; communicate trade orders’ statuses throughout day
- Monitor markets and provide feedback on opportunities for improvement in execution or strategy enhancements during trading session
- Partner with sector managers in design of optimal execution strategy, tools, systems, and processes for new products
- Reconcile trades and positions between internal reporting systems and external parties
- Troubleshoot reconciliation breaks and resolve settlement discrepancies accordingly
- Provide intra-session portfolio performance updates
- Identify process inefficiencies and implement improvements as warranted
- Identify and report trade order errors, minimizing potential losses
- Assist in formalizing and enforcing internal controls and policy related to the trading process
- Monitor trade-related risk thresholds to ensure compliance; notify group or sector managers as needed
- Implement new systems or upgrades to existing applications as needed
- Be key stakeholder in long-term initiatives to streamline and modernize trading operations through process improvements to current tools and/or replacement with new software solutions as business continues to scale
- Work with the controller to support testing and implementation of future strategies as required
REQUIREMENTS:
- Bachelor’s degree with strong academic performance
- 1 year of relevant business experience in professional setting
- Experience in trading
- Passion for trading, markets, investing, and value creation
- Knowledge of commodity futures and options markets
- Experience using Microsoft Office products
- Experience with Bloomberg /API preferred
- Demonstrated ability to work well under pressure in fast paced environment
- Self-motivated and proactive, possessing ability to work independently, coordinate and balance multiple tasks and stakeholders simultaneously