Execution Trader - London, United Kingdom - Schonfeld

    Schonfeld
    Schonfeld London, United Kingdom

    3 weeks ago

    Default job background
    Description

    Execution Trader - Equities

    The Role

    We are seeking a highly motivated, dependable, and committed Trader to join the fundamental equities trading team in our London office. You will have a passion for trading, an understanding of the European equities market, and an ability to collaborate with portfolio managers and other teams cross-functionally to support execution activities. You will be proactive, cultivating strong relationships across internal/external stakeholder groups and be able to communicate professionally and effectively.

    What you'll do

    • Execute EMEA equity orderflow primarily via low touch execution channels and using our execution management system
    • Contribute to best practice execution on trades and ensure the desk is always providing best execution service to Portfolio Managers
    • Proactively collaborate with our Portfolio Managers to discuss positions, flows, and market dynamics
    • Extract useful market color and flow information from our trading counterparties and other sources
    • Understand Operations & Technology issues associated with the European Trading desk
    • Responsible for liaising with our Operations team, assisting with activities such as position reconciliations, corporate actions, queries, and price feeds
    • Facilitate position transfers across portfolios and strategies
    • Liaise with our Front Office Technology group on various process and workflow improvements such as automation and internalization.
    • Understand day-to-day risk, regulatory, and compliance issues associated with all execution matters in Europe
    • Contribute to, and help to manage, our counterparty relationships and commission schedules; providing feedback when required

    What you'll bring
    What you need:

    • Professional experience in a trading environment; some knowledge of equities markets is essential
    • A knowledge and understanding of the European liquidity landscape
    • Demonstrable understanding of general market protocol and etiquette, equity pricing and positioning
    • Knowledge around broker-sponsored algorithms, broker cash desks, liquidity venues, ECNs, dark pools and DMA facilities
    • Fluency with trading technology, execution management systems and order management systems
    • Proactive, committed and dependable values
    • Commitment to the highest ethical and professional standards
    • Hard working with strong attention to detail
    • Deep curiosity and strong analytical skills
    • Experience with Bloomberg
    • Proficiency using Excel; simple macro programming experience preferred
    • Academic credentials in finance, economics, computer science, math, statistics, or related financial or quantitative field

    We'd love if you had:

    • Familiarity with Portware (execution management system)
    • Advanced Excel and/or coding skills
    • Experience trading equity options
    • Knowledge of the European equity market microstructure and the evolving liquidity and regulatory landscape

    Who we are Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.

    We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.

    We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.

    Our Culture Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.

    We foster a sense of belonging among all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming and supportive.

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