Head of Trading

Position: Head of Trading

Location: Boston, MA

Job : 462

# of Openings: 1

• Lead, mentor, and develop a team of five traders spanning a range of experience levels, fostering a high-performance and collaborative trading culture.
• Conduct regular performance reviews, set individual objectives, and provide ongoing coaching and structured development plans.
• Manage day-to-day workflow allocation across the trading desk, ensuring adequate coverage, risk management, and succession planning.
• Recruit and onboard new trading talent as the team evolves in line with business growth.

• Design, implement, and continuously improve trading processes, workflows, and operating procedures across equity, commodity, and derivative portfolios. Collaborate with technology and operation teams.
• Oversee order management, execution strategies (including algorithmic and program trading), and post-trade processes to ensure consistency and best execution.
• Establish and enforce trading desk policies, controls, and governance frameworks.
• Drive technology adoption—evaluating and implementing OMS/EMS platforms, algorithmic tools, and TCA frameworks.
• Monitor and report on execution quality metrics, continuously benchmarking performance against relevant indices and peer standards.

• Serve as the trading desk’s primary representative to the Board, presenting execution performance, market commentary, and strategic trading initiatives at Board and Investment/Oversight/Risk Committee meetings.
• Respond to client inquiries relating to trading activity, execution methodology, and portfolio rebalancing—communicating complex concepts clearly to institutional and retail clients.
• Prepare and deliver trading reports, best execution disclosures, and RFP responses as required by clients, prospects, and regulatory obligations.
• Collaborate closely with Portfolio Management, Risk, and Client Services teams to ensure alignment between investment strategy and execution approach.

• Build and maintain strong, productive relationships with prime brokers, executing brokers, and counter parties across equity, commodity, and derivatives markets.
• Lead broker review processes, including ongoing evaluation of broker panels, monitoring counter party credit assessments, and commission/fee negotiations.
• Stay current with market structure developments, liquidity conditions, and broker capabilities to ensure the firm accesses best available liquidity.
• Manage broker onboarding in accordance with regulatory and internal due diligence requirements.

• Ensure all trading activities are conducted within regulatory requirements, best execution obligations, market abuse rules, and relevant derivatives regulations.
• Act as the first line of defense relating to trading desk risk, monitoring market, operational, and counter party risks and escalating appropriately.
• Maintain close working relationships with Legal, Compliance, and Risk functions to ensure the desk operates within established frameworks.
• Support internal and external audits relating to trading processes and controls.

• 15+ years of institutional trading experience, with significant exposure to equity markets and at least working knowledge of commodities and derivatives.
• Proven experience managing or leading a trading team in asset management, fund management, or similar buy-side environment.
• Deep understanding of passive investment strategies, index replication, and the execution challenges specific to tracking-sensitive mandates.
• Demonstrated experience engaging with senior stakeholders, Board-level audiences, or client-facing presentations on trading matters.
• Strong broker network and established relationships.
• Solid understanding of best execution frameworks and relevant regulatory requirements.
• Proficiency with OMS/EMS platforms and TCA tools; comfort with data-driven performance evaluation.
• Experience with program trading, index rebalance execution, and ETF creation/redemption mechanics.
• Familiarity with exchange-traded and OTC derivatives, including futures, swaps, and options across equity and…