Under this sector, you'll find all of our trading jobs.
Trading positions require tracking the markets and then buying and selling products, usually through technology. Trading careers are defined by both what products are traded (such as equities, foreign exchange, or commodities) and by the type of trader.
There are several different kinds of careers in trading:
Flow traders - These are people who buy and sell financial products for a bank's clients.
Proprietary (or "prop") traders - These are a carefully chosen group of higher level traders who trade the bank's own money.
Execution traders - These traders mainly place trades for analysts and fund managers.
Sales traders - These are a mix between salespeople and traders, recommending products to clients and executing any trades which have come about from their recommendations.
Trading roles have been significantly changed by the advance of technology over the last 10 years, but investment banks also hire people for separate electronic trading divisions.
Electronic trading has sped trades dramatically, dropped the cost of transactions and greatly increased transparency in the markets. Using algorithms - computer systems which make decisions on price, timing and size of an order - also shrank average trade sizes.
Automation has completely transformed the market from one where much human activity was required into one where the computers do most of the work in executing and processing trades. Due to this change, many traditional trading roles were eliminated. To balance this, electronic trading has created many new positions and careers in trading.
These new opportunities for finance jobs in trading include:
Quantitative analysts - Quants are brilliant at math, which is very important for gaining an edge in trading electronically. Quant jobs involve designing, developing and deploying execution algorithms with a mathematical approach to find investment opportunities and strategies in the market.
Consultants - It's the consultant's job to keep clients happy with services. Consultants create a number of statistical reports, such as transaction cost analysis and trade reports, to make sure clients are taking advantage of trading tools effectively. Consultants are also able to provide tips on improving performance.
Sales traders - It's the sales trader's job to perform the execution of trades for clients, while also offering a choice of the bank's e-trading products and helping a customer decide which one suits their needs. This position requires a mix of marketing and client relationship management. Banks also hire pure salespeople.
Market structure jobs - This position is defined by research; market structure professionals analyze reported regulatory changes and macro trends and create reports describing their possible effect on the trading environment.
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| Network Engineer/ Systems Administrator/ Boutique Quantitative Trading Team (20 New York employees) - Manhattan, New York Boutique Quantitative Trading Firm - Manhattan | Selby Jennings Circa $100,000 - $150,000 plus quarterly... | New York City, NY | 22 May 13 |
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Network/Systems Administrator/ Boutique Quantitative Trading Team (20 New York employees) - Manhattan, New Yor...
| QUANT DEVELOPER – MACHINE LEARNING | Maven Search $200K+BONUS | New York City, NY | 22 May 13 |
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• New systematic trading platform is seeking a top Quant developer with strong programming and machine learnin...
| Algorithmic Smart Order Development | Rimrock Associates, Inc. 150k-300k | New York City, NY | 21 May 13 |
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Contribute to designing a state of the art Smart Order Router. This component uses real time market data, qua...
| C#/C++ Trading Developer | Rimrock Associates, Inc. 150-300k | New York City, NY | 21 May 13 |
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This is an opportunity to work with one of the premier Algorithmic Trading teams on Wall Street.
| Statistical Arbitrage Desk Developer | Rimrock Associates, Inc. 300,000-500,000 | New York City, NY | 21 May 13 |
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• Experience in equity statistical arbitrage or quantitative strategy development preferred. Experience with E...
| Equity Trader | Hold Brothers Capital, LLC. Performance Based | New York City, NY | 21 May 13 |
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Hold Brothers is seeking equity traders to join the organization and trade equity instruments on an intraday ...
| Senior Financial Business Development Executive | Not Disclosed DOE | New York City, NY | 21 May 13 |
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National Trading Firm Headquartered in New York City is looking for a Senior Financial Business Development Ex...
| Senior Market Risk for Fixed Income Rates Prop Trading | Halliwell Search LLC to $1.0 million | New York City, NY | 21 May 13 |
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Large and well established US Hedge Fund (Multi-strategy) in New York City, approximately 30 Billion + AUM is ...
| Senior Agency MBS Strategist, Major Investment Bank, NYC | Not Disclosed Highly Competitive | New York City, NY | 21 May 13 |
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A major investment bank is seeking a Senior Agency MBS Strategist in New York, NY. Candidates must have experi...
| Junior Electronic Execution Trader – New York | Rostron Search Associate/AVP - $90'000 - $120'000 + Buy... | New York City, NY | 21 May 13 |
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One of the largest hedge funds in the world and is actively seeking an execution trader to design and develop ...
| Fixed Income Electronic Market Making Quant Trader – New York | Rostron Search VP/Director – Total 1st year Comp $300k... | New York City, NY | 21 May 13 |
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A fixed income electronic market making quant trader position is immediately available at tier 1 investment ba...
| Algorithmic Quant Researcher – New York | GQR Global Markets Total 1st Year Comp – $250'000 - $500'0... | New York City, NY | 21 May 13 |
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A global hedge fund is seeking an Algorithmic Quant Researcher within its cash equities and futures execution...
| Prepayment Modeler | Comprehensive Recruiting Outstanding compensastion and benefit pl... | New York City, NY | 21 May 13 |
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Global financial firm is looking to add an experienced Prepayment Modeler to their Quantitative team.
| Front Office Quant Research - Interest Rate derivatives - NY, USA | Selby Jennings $100000 - $125000 per annum, Benefits: E... | New York City, NY | 20 May 13 |
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| FX Trade Support Specialist | International Market Recruiters $65K - $75K | New York City, NY | 20 May 13 |
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International Market Recruiters is one of the leading professional recruitment agencies, specializing in the p...
| Economic Research Associate | Mercury Partners, Inc. Flexible | New York City, NY | 20 May 13 |
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Work as part of a team that analyzes the economy and financial markets for institutional investors. Participa...
| Quantitative Research Director | Westbourne Partners Base and uncapped bonus | New York City, NY | 20 May 13 |
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Quantitative Research Director required for a boutique proprietary trading fund with locations in Chicago, NY,...
| VP/Director, Rates Trader - Exotic Interest Rates Trading | OCG - Obtain Consulting Group Competitive | New York City, NY | 20 May 13 |
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My client is a Tier One investment bank who are looking to expand their Interest Rates Exotics Trading Desk. T...
| Front Office Credit Quant - Mortgage or Credit Flow | OCG - Obtain Consulting Group Competitive | New York City, NY | 20 May 13 |
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Our client is a Tier 1 Investment Bank and they are currently expanding aggressively across their Fixed Income...
| Experienced C++ Architect | Futures Group IT, LLC 200-250K total compensation | New York City, NY | 20 May 13 |
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Financial Technology firm is looking for a hands-on senior systems architect to develop and provide technical ...
| Quant Trader/Portfolio Manager - algo hedge fund/prop trading | DTG Capital Markets competitive | New York City, NY | 19 May 13 |
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Mid sized investment management firm seeks several more Quant Traders/PMs with tracked mid and high frequency ...
| Systematic/Quant Trader/PM - remote setting, NY and MidWest | DTG Capital Markets competitive | New York City, NY | 19 May 13 |
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Multi-strategy systematic hedge fund is expanding and seeking Portfolio Managers/Traders for its offices in Mi...
| JAVA Server-side developers - urgent | DTG Capital Markets 120-175k + bonus | New York City, NY | 19 May 13 |
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Senior server side Java developers will join strong team of hard core software engineers working on high perfo...
| Systematic Portfolio Trading Data Analyst / Developer | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| Institutional Equities Divison - Securities lending, Repo Negotiator | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| Client Relationship Management Associate/ VP | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| OTC Client Clearing Trading Risk Associate | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| AVP/VP Investment Funds Counsel | Michael Page International - US Up to $180K Base + Bonus & Benefits (Tot... | New York City, NY | 17 May 13 |
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Our client is a global asset management firm.
| Java Developer / Algo &/or High Frequency Trading | GMS Advisors up to 130k + bonus | New York City, NY | 17 May 13 |
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Multiple Java Developer openings. Algorithmic Trading & High Frequency. Will consider grad level if you have...
| Corporate Credit Trader - New York/London | DBFS £Highly Competitive + Bonus + Benefits | New York City, NY | 17 May 13 |
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An elite global investment house currently require a Spanish/Portugese speaking Corporate Credit Trader with a...