Macro Trader
Millennium Management
This job is no longer accepting applications
See open jobs at Millennium Management.See open jobs similar to "Macro Trader" MIT Sloan Career Development Office.We are looking for a Macro Trader to join an equity trading group in our global trading division. We are at the forefront of industry-leading initiatives applying technology, quantitative analysis, and data-driven methodologies to our execution process.
Our team employs analysis of company trading activity to inform decision-making at the highest level of the firm. The work requires a good understanding of equity markets combined with a systematized approach to portfolio risk management. The group’s broad mandate is optimization of firm wide execution through the evaluation of strategic and tactical trading choices, and the design/development of alternatives.
You will consult, advise, and assist traders and portfolio managers to improve their trading. You will collaborate with fellow technologists to improve our trading systems and build new products.
Principal Responsibilities
- Maintain best practice execution on all trades and ensure the desk is always providing optimal execution service to Portfolio Managers
- Proactively support Macro business within Asia, including the dissemination of market color and major news events
- Strong understanding of operational risk and regulatory concerns associated with trade execution
- Entrepreneurial spirit in operational and technology innovations associated with Macro trading centralization efforts
- Manage strong broker relationships and execution counterparties
Qualifications/Skills Required
- 3-5 years of relevant trading experience in a Hedge Fund or Tier 1 sell-side firm (covering hedge funds)
- Deep understanding and experience in trading Macro products (FX, Rates, Govt Bonds, Futures etc.)
- Experience in collaborating and supporting multiple Portfolio Managers or clients
- Ability to multi-task and operate in a highly dynamic environment
- Strong written and verbal communication skills
- Commitment to high ethical and professional standards
This job is no longer accepting applications
See open jobs at Millennium Management.See open jobs similar to "Macro Trader" MIT Sloan Career Development Office.