Trader (OCaml Experience)
About The Position
Jane Street Group, LLC has multiple openings for the role of Trader in New York, NY. The position duties are as follows: Work as part of a team to execute the firm's proprietary and bespoke strategies in trading various financial instruments in global markets; monitor trade reports, conduct operational tasks to support live trading activity, and build infrastructure to assist with monitoring and desk operations; and develop new trading strategies and research improvements to existing strategies. Day-to-day job duties include: Continuously update and maintain a proprietary trading system that facilitates trading of financial instruments across global markets; Research and develop new strategies for trading various financial instruments in their respective markets; Trade and price special situations and corporate actions in various global markets; Liaise with global office traders about trading opportunities and their expectancy/risks as pertains to the firm’s proprietary valuation and trading methods; Maintain competitive markets and provide real liquidity for financial instruments being traded; Exercise discretion with respect to firm risk limits in all trading situations; Build and maintain complex infrastructure that is crucial to real time pricing and market making of financial instruments being traded; Leverage strong understanding of financial markets, trading strategies and behavior in the relevant markets, and significant knowledge of tools such as Excel, Bloomberg, VBA, UNIX, Bash, Python, OCaml, and PostgreSQL; Train Assistant Traders in Jane Street’s trading methodology, technology, infrastructure, operations, and culture; and Interview and recruit new Traders to join Jane Street.
Requirements
- 3 or 4 year Bachelor’s degree in Mathematics, Physics, Engineering, Computer Science, or a related scientific or quantitative field or foreign equivalent
- One (1) year of experience in any occupation involving direct work with an automated proprietary trading system
- Applying knowledge of statistics, machine learning, model building, and financial time series analysis to the development of proprietary trading strategies
- Developing and maintaining trading systems using software engineering fundamentals in OCaml
- Conducting research and performing data analysis and visualization in Python
- Learning and building financial asset pricing models for derivatives
- Monitoring and modeling risk across trading portfolios
- Series 7, Series 57, and Series SIE licenses
Responsibilities
- Work as part of a team to execute the firm's proprietary and bespoke strategies in trading various financial instruments in global markets
- Monitor trade reports
- Conduct operational tasks to support live trading activity
- Build infrastructure to assist with monitoring and desk operations
- Develop new trading strategies and research improvements to existing strategies
- Continuously update and maintain a proprietary trading system that facilitates trading of financial instruments across global markets
- Research and develop new strategies for trading various financial instruments in their respective markets
- Trade and price special situations and corporate actions in various global markets
- Liaise with global office traders about trading opportunities and their expectancy/risks as pertains to the firm’s proprietary valuation and trading methods
- Maintain competitive markets and provide real liquidity for financial instruments being traded
- Exercise discretion with respect to firm risk limits in all trading situations
- Build and maintain complex infrastructure that is crucial to real time pricing and market making of financial instruments being traded
- Leverage strong understanding of financial markets, trading strategies and behavior in the relevant markets, and significant knowledge of tools such as Excel, Bloomberg, VBA, UNIX, Bash, Python, OCaml, and PostgreSQL
- Train Assistant Traders in Jane Street’s trading methodology, technology, infrastructure, operations, and culture
- Interview and recruit new Traders to join Jane Street
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
