Head Trader

Mizuho•New York City, NY

16h•Hybrid

About The Position

Asset Management One is a New York-based quantitative asset manager seeking a Head Trader. This position will lead the firm’s trading division within the firm’s quantitative investment team. The role is responsible for the oversight, administration, and enhancement of the firm’s cross-asset trade execution systems and infrastructures. The Head Trader is expected to be familiar with executing transactions in global futures, options, FX, and LME markets, aiming to minimize market impact and arrival versus internal benchmarks. Familiarity with bi-lateral trading of on-swap indices and custom baskets is also required. The role necessitates experience with Python to further develop and enhance automated trade life-cycle processes. Additionally, responsibilities include collaborating with the quantitative investment team to enhance internal strategies and maintain counterparty relationships.

Requirements

5-8+ years as a Trader in listed derivatives (futures, options, FX, LME)
Excellent working knowledge of Python
Working knowledge of databases and SQL
Strong sense of personal responsibility and ownership of projects and tasks assigned
Highly organized and self-motivated
Process and detail oriented with a strong work ethic and team focused attitude.
Proven ability to work well independently, with limited direct oversight, and in a team environment
Strong commitment to workplace policies, procedures, and compliance standards
Proven ability to develop and maintain positive and professional working relationships
Familiar with Pandas, Numpy, Jupyter Notebooks, and general SQL knowledge

Nice To Haves

Experience with AWS (Lambda, Airflow) a plus.

Responsibilities

Oversight of internal trade execution platform
Systematic execution of transactions on global futures markets
Futures and options on futures
LME Spot FX
Understanding of market microstructure and exchange pricing mechanisms (settlement procedures, block trading, TAS markets)
Deep understanding of FCM execution algorithms “Off the shelf” offerings (TWAP, VWAP, POV, various arrival algorithms)
Transaction Cost Analysis of execution
Knowledge of on-swap trading with counterparties
Custom Cross asset baskets in TRS format
Synthetic Risk Premia Index execution
Experience in FX and Cash Treasury Trading
Python programming proficiency
Assist in design, development, and testing of internal trade execution platform to extend capacity and product flow.
Implement trading schemas and logic to reduce market impact and arrival price
Enhance pre-trade simulations to test hypothesis
Perform post trade analytics (TCA)
Work closely with our 3rd party vendors to design and build reporting and API access to acquire various data, risk and post-trade analytics for internal congestion
Work alongside the Operations team to streamline post trade processing and reporting