Trader, Derivatives

Russell Investments•Seattle, WA

7d•$130,000 - $150,000•Onsite

About The Position

Join Russell Investments’ derivatives trading team in Seattle to trade and advise on customized portfolio overlays and hedging strategies for Russell Investments’ funds and third-party clients. The role focuses on trading and providing subject-matter expertise across equity, fixed income, and commodity derivatives, including listed futures, bilateral and cleared OTC swaps, and listed and OTC options. The Trader works with internal trading teams, portfolio managers, and external clients to implement a broad range of derivatives strategies. The position has significant trade execution responsibilities across Russell Investments funds, third-party overlay clients, and transition management clients. The team traditionally starts at approximately 5:30 a.m. to cover U.S. market hours. Flexibility in working hours is expected because the desk liaises with international offices and participates in global trading and portfolio management events. Compensation is based on experience, skills, qualifications, commercial considerations, and other job-related factors. The compensation package includes an annual performance bonus, subject to eligibility criteria, and benefits programs including healthcare, retirement, vacation, and wellbeing programs. This role is not eligible for employment-based immigration sponsorship; applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Requirements

Bachelor’s degree in finance or a related area.
4–6 years of relevant trade experience, such as trade operations, including at least 2 years of derivatives trading or portfolio management.
Strong attention to detail and intellectual curiosity; a self-starter motivated to take on new responsibilities in a challenging environment.
Strong analytical and quantitative skills, including the ability to understand trading data, market information, and transaction-cost analysis.
Excellent written and verbal communication skills and the ability to collaborate effectively across teams, functions, and geographies.
Strong organization and ability to manage multiple priorities in a dynamic, fast-paced, technology-driven trading environment.
High proficiency with Excel.
Legally authorized to work in the United States without employer sponsorship, now or in the future.

Nice To Haves

Experience with options and/or fixed income execution and strategies.
CFA and/or CAIA designation or progress toward designation.
Experience with Bloomberg.

Responsibilities

Execute trades across derivatives products, including equity index, fixed income, and commodity listed futures, as well as listed and bilateral OTC equity index and fixed income options and swaps.
Research and advise on derivative instruments and implementation strategies, including liquidity, tracking error, and transaction costs.
Provide subject-matter expertise on derivative strategies and respond to ad hoc requests from internal and external stakeholders.
Prepare regular reporting on trading volumes, trade cost analysis, market color, and performance.
Assist the trading, operations, and technology teams by providing feedback for process enhancements.