Trading Associate

This role is onsite in our Oak Brook, IL office. 

The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions. 

Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.

About the role

Tidal is seeking a highly skilled trader/junior portfolio manager responsible for the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk-reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. The firm manages both active and index-based portfolios and covers most major global asset classes. This position will closely be involved with day-to-day portfolio management functions of exchange traded products. The ideal candidate will have a strong background in trading equities, options, and fixed income. This role requires experience in using Bloomberg or other institutional trading platforms, as well as a background in financial services and back/middle office operations.

What you'll do

• Execute and manage trades across various asset classes with emphasis on fixed income.

• Work with the Trading Operations Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.

• Utilize Bloomberg, MarketAxess, or other institutional trading platforms for efficient trade execution.

• Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies

• Stay updated with market trends, economic developments, and trading strategies.

• Strong familiarity with Microsoft Excel and other Office applications.

• Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.

• A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.

• Continually analyzing, reviewing and improving our operations and service as the trading business evolves.

• The individual will be expected to interact and build strong relationships with stakeholders.

Qualifications

• Business related degree.

• 3-5 years of experience (or more) in trading equities, options, and fixed income.

• Institutional/RIA trading experience.

• Proficiency with Bloomberg, MarketAxess, or similar institutional trading platforms.

• Strong understanding of financial markets and trading strategies.

• Excellent communication and customer service skills.

• Ability to work in a fast-paced and dynamic environment.

• Very high level of competency in Excel

Preferred Qualifications

• Experience with trading platforms, order management systems (OMS), and post-trade processing.

• Experience working for a firm that manages 40 Act products.

• Familiarity with regulatory requirements related to trading activities.

• Experience working in a high-paced, deadline-driven environment.

This role is onsite in our Oak Brook, IL office. 

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