Vice President, ETF Trading
About The Position
We’re seeking a future team member for the role of Vice President, ETF Trader to join our Global Markets team. This role is located in New York, NY. In this role, you’ll make an impact by executing highly complex and large trade orders in an efficient, timely and cost-effective manner. You will manage risk associated with trades and identify problems and provides solutions within established trading strategies and procedures. You will develop/utilize analytical and AI-enabled trading tools to better understand ETF positions, risk exposures. You will access ETF liquidity through creation/redemption process with an understanding on NAV strike, FX Benchmarks, and anticipation of settlement difficulties. You will manage a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads. You will maintain broad expertise in ETF offerings and works with clients to determine appropriate strategies to utilize in trading. You will provide strategic and tactical market advice to sales staff and clients. You will provide reports on pricing and trading strategies based on research and data. You will liaise with internal compliance, credit and risk functions on execution and trading related matters and functions.
Requirements
- Bachelor’s degree or the equivalent combination of education and experience is required.
- 4+ years of total work experience preferred.
- Applicable local/regional licenses or certifications as required by the business.
- Intellectually curious, self-starter mindset - capable of grasping complex concepts and workflows and a desire to continually improve.
Nice To Haves
- Quantitative skillset and experience with some combination of object-oriented programming and SQL is a plus.
Responsibilities
- Executes highly complex and large trade orders in an efficient, timely and cost-effective manner.
- Manages risk associated with trades and identifies problems and provides solutions within established trading strategies and procedures.
- Develop/utilize analytical and AI-enabled trading tools to better understand ETF positions, risk exposures.
- Access ETF liquidity through creation/redemption process with an understanding on NAV strike, FX Benchmarks, and anticipation of settlement difficulties.
- Manages a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads.
- Maintains broad expertise in ETF offerings and works with clients to determine appropriate strategies to utilize in trading.
- Provides strategic and tactical market advice to sales staff and clients.
- Provides reports on pricing and trading strategies based on research and data.
- Liaises with internal compliance, credit and risk functions on execution and trading related matters and functions.
Benefits
- Generous paid leaves, including paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
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What This Job Offers
Job Type
Full-time
Career Level
Senior
