Trader - Hedge fund

The firm is seeking a Trading Associate to support the head trader across all day-to-day responsibilities of a multi-portfolio long/short equity platform focused on TMT and Healthcare. The role spans execution, PM coverage, market color, risk and factor analytics, and desk technology. This is a hands-on seat supporting an experienced head trader, with direct exposure to portfolio managers and a clear path to greater responsibility.

This seat is for a trader who wants breadth. You will sit at the intersection of the investment teams and the market — implementing ideas efficiently, keeping PMs informed, watching risk in real time, and building the tools that make the desk faster and smarter.

• Execute equity, ETF, options, and futures orders across multiple portfolios, selecting venues and algorithms appropriate to order size, urgency, and liquidity conditions
• Identify and evaluate actionable syndicate events — IPOs, secondaries, lock-up expiries, and distributions — as sources of incremental alpha
• Cultivate sell-side and prime broker relationships to source differentiated color, natural liquidity, and opportunistic blocks
• Serve as a daily point of contact for Portfolio Managers on execution strategy, positioning, and market structure — helping translate investment decisions into well‑executed trades
• Synthesize and distribute market color to investment teams: macro and single-stock catalysts, institutional positioning and flows, factor and cross-asset trends, and their portfolio implications
• Contribute to idea generation and ad-hoc analytical projects alongside PMs and the investment team
• Monitor factor exposures and market risk intraday across multiple risk models (e.g., Barra, Arcana), partnering with PMs to address outsized or unintended positioning
• Own recurring transaction cost analysis (TCA), working with PMs and brokers to measure execution quality and refine algo and broker selection

• Build and maintain desk tooling — automated reporting, execution analytics, and monitoring — in Python and SQL
• Incorporate LLM-based workflows (e.g., Claude, ChatGPT) for research synthesis, market color generation, and process automation

• 3–5 years of trading or execution experience at a buy‑side firm or sell‑side desk, with working knowledge of cash equities, options, and futures
• Demonstrated execution judgment across varying liquidity conditions — algo selection, order pacing, and impact management
• Proficiency working with AI tools (e.g., Claude, ChatGPT) to build and automate — comfortable using them for coding, analysis, and process automation, not just Q&A
• Advanced Excel skills
• Strong written and verbal communication; able to distill fast-moving information into concise, decision‑ready color for PMs
• Detail‑oriented and composed under pressure, with the judgment to elevate and the initiative to own problems end‑to‑end

• Listed options trading experience (strongly preferred)
• Hands‑on Python and SQL experience
• Familiarity with factor risk models and long/short portfolio construction concepts