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Algorithmic Trader

Eagle Seven

Chicago, ILJobPosted 7mo agoSeen in employer's feed 4 days ago

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At a glance

Compensation
No compensation found
Location
Chicago, IL
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Eagle Seven is hiring an Algorithmic Trader. Eagle Seven is seeking an experienced Algorithmic Trader to manage all aspects of trading desk operations, focusing on futures contracts listed on Eurex, ICE, and CME. The ideal candidate will have a passion for capital markets, thrive in a collaborative team setting, and be a motivated self-starter.

Key focus areas include Operate grey and black box algorithmic trading strategies, Monitor trading activity and positions consistently, and Perform research and post trade analysis.

Successful candidates bring Bachelor's Degree In Statistics, Mathematics, Engineering, Business/Finance Or Related Field and 4+ Years Trading Financial Products Experience. Important skills include Analytical Skills, Quantitative Skills, Math Skills, Python, Work Independently, and Manage Multiple Tasks. Preferred (not required): Capital Markets Passion, Collaborative Teamwork, Motivated Self-Starter, and Operating Algorithmic Trading Strategies.

Skills & qualifications

RequiredNice to have

Skills

Analytical SkillsQuantitative SkillsMath SkillsPythonWork IndependentlyManage Multiple TasksOrganizational SkillsAttention to DetailCommunicationStrong Work EthicTeam PlayerCapital Markets PassionCollaborative TeamworkMotivated Self-StarterOperating Algorithmic Trading StrategiesMonitoring Trading ActivityMonitoring PositionsResearchPost Trade AnalysisMarket MicrostructureHistorical Tick DataQuantitative ModelingDeveloping New Sources of AlphaCollaborating With Strategy DevelopersProposing Strategy Specific Code ChangesTesting Strategy Specific Code ChangesExecutionPricingRisk ManagementCommunicating With Risk ManagersCommunicating With Internal Technology GroupsBuilding AnalyticsMaintaining AnalyticsWorking With Back OfficeSolving Trade BreaksPosition ReconciliationActivity Reconciliation

Qualifications

Bachelor's in Statistics, Mathematics, Engineering, Business/Finance, or Related Field4-6 Years Trading Financial Products Experience

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
401(k) Match
Paid Time Off

Full job description

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all aspects of trading desk operations. The right candidate will have a passion for capital markets, work well in a collaborative team setting, and be a motivated self-starter.

Primary Responsibilities include:

  • Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives

  • Monitoring of trading activity and positions consistently throughout the shift

  • Performing research and post trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve profitability of existing models

  • Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha

  • Working closely with strategy developers to collaborate, propose, and test certain strategy specific code changes related to execution, pricing, and risk management

  • Communicating with risk managers and internal technology groups regarding production issues

  • Building and maintaining quantitative modeling tools and analytics

  • Working with back office to solve for trade breaks, position & activity reconciliation exceptions

Requirements

Skills and Experience:

  • Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field

  • 4-6 years of experience trading financial products (e.g options, futures)

  • Strong analytical, quantitative, and math skills

  • Experience with Python required

  • Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment

  • Strong organizational skills and attention to detail

  • Excellent written and verbal communication skills

  • Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits

Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.

  • Medical PPO and HMO coverage through BlueCross BlueShield

  • Health Savings Account (with enrollment into a High Deductible Health Plan)

  • Dental coverage through Guardian

  • Vision coverage through VSP

  • 401k Retirement Savings Plan with Employer Match

  • Company Paid Life Insurance

  • Company Paid Disability Insurance

  • Paid Time Off

  • Flexible Spending Account

  • Pre-tax Transit Benefits

  • Complimentary Lunch and Beverages

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