Securities Trader, Senior Securities Trader or Senior Securities Trader, International

State Teachers Retirement System of Ohio•Columbus, OH

3d•Onsite

About The Position

STRS Ohio is seeking a Securities Trader, Senior Securities Trader or Senior Securities Trader, International to join the Investment/Domestic Equity team. STRS Ohio is one of the nation’s largest retirement systems, managing approximately $96.3 billion in assets and serving over 550,000 public-school teachers and university faculty members. The role involves managing currency, equity, and equity derivative trading operations under the direction of the Head Trader. The organization offers a competitive salary, comprehensive benefits, and a professional, business casual work environment that promotes respect for everyone.

Requirements

Bachelor's degree in business administration, economics, finance or related field required.
Three or more years equity trading experience required (for Securities Trader).
Five to ten years equity trading experience required (for Senior Securities Trader/Senior Securities Trader, International).
General knowledge of the overall equity markets required (for Securities Trader).
Extensive knowledge of the overall equity markets required (for Senior Securities Trader/Senior Securities Trader, International).
Interpersonal skills necessary to deal effectively and courteously with internal and external contacts required (for Senior Securities Trader/Senior Securities Trader, International).
Must be either a U.S. citizen or possess proper legal authorization to work in the U.S.
Must be authorized to work in the United States without the need for visa sponsorship.

Nice To Haves

Five years equity trading experience preferred (for Securities Trader).
Ten years equity trading experience preferred (for Senior Securities Trader/Senior Securities Trader, International).
Previous supervisory and leadership experience leading, coaching, mentoring associates preferred (for Senior Securities Trader/Senior Securities Trader, International).

Responsibilities

Execute purchases and sales of global currency, equity and equity derivative securities.
Contribute to the development and implementation of global equity, currency and derivative trading and execution strategies, including order flow and portfolio-level execution strategies, with the objective of supporting the long-term performance goals of the total fund.
Assist the senior securities trader(s) and international portfolio manager(s) in executing international securities trading transactions.
Collaborate with the STRS Ohio Transaction Cost Analysis (TCA) vendor to analyze trading activity, allocate equity order flow to meet commission and Commission Sharing Arrangement (CSA) objectives, and oversee a global commission structure consistent with institutional best practices to reduce transaction costs and optimize execution outcomes.
Maintain a commission structure consistent with best practices for all categories of trading including but not limited to program trading, bundled research trading, and execution-only trading on a global basis.
Reconcile the equity transaction cost analysis data to the STRS Ohio accounting system.