Job Description
Schonfeld is seeking a Junior Trader to join its fundamental equities trading team in New York. The ideal candidate will have a passion for trading and a solid understanding of the equities trading market. This role involves collaborating with Traders, Portfolio Managers, and other teams to support trading execution activities.
Role Involves:
- Executing equity order flow using high and low touch execution channels and the execution management system.
- Contributing to best practice execution on trades and ensuring the desk provides best execution service to Portfolio Managers.
- Collaborating with Traders/Portfolio Managers to discuss positions, flows, and market dynamics.
- Extracting market color and flow information from trading counterparties and other sources.
- Liaising with the Front Office Technology group on process and workflow improvements.
- Contributing to and helping manage counterparty relationships and commission schedules.
Requirements:
- Academic credentials in finance, economics, or a related field.
- Some knowledge of equities markets.
- Understanding of general market protocol and etiquette, equity pricing, and positioning.
- Fluency with trading technology, execution management systems, and order management systems.
- Commitment to ethical and professional standards.
- Strong attention to detail and analytical skills.
- Experience with Bloomberg.
Role Offers:
- Opportunity to work at Schonfeld, a multi-manager platform.
- A collaborative and teamwork-oriented environment.
- Opportunities for development and advancement.