Senior Discretionary Trader - Credit
at Squarepoint Capital
Posted 9 hours ago
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- Compensation
- $150,000+ USD
- City
- Country
- United States
Currency: $ (USD)
**Senior Discretionary Trader - Credit** As a **Senior Discretionary Trader - Credit**, you'll join Squarepoint's top-tier global team, driving discretionary and semi-systematic strategy development and execution. This role demands identifying, assessing, and initiating new trading opportunities, collaborating with Quantitative Researchers and other Traders, and leveraging our state-of-the-art research platform. You'll have a broad trading scope, covering Equities, Commodities, Rates, FX, Credit, and Volatility. Key responsibilities include strategy research and implementation, risk management communication, global team collaboration, analytical tool advancement, and junior trader training. Ideal candidates hold a quantitative degree, possess 3+ years of buy-side/sell-side trading experience, and have a proven track record of successful strategy management.
Position Overview:
As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint’s discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.
- Identify, research, evaluate, and implement discretionary trading strategies
- Communicate with trading and risk management to ensure understanding of trading strategies and risk
- Collaborate with Traders, Analysts, and Quantitative Researchers globally
- Contribute to the advancement of analytical tools
- Leverage internal data and research tools as well as external research and relationships
- Train and develop junior discretionary traders
Required Qualifications:
- Bachelor’s degree in a quantitative or related field, advanced degree preferred
- 3+ years of proven trading experience in a buy-side or sell-side compacity
- Successfully built and managed trading strategies
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fast-paced environment
The minimum base salary for this role is $150,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
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