Full-Time

Fixed Income Trader

Confirmed live in the last 24 hours

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Junior, Mid

Chicago, IL, USA

Category
Risk Management
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
R
Requirements
  • Bachelor’s degree preferably in engineering, statistics, mathematics or a hard science or economics
  • Exceptionally high mathematical OR computer programming skills (Must be proficient in Python, VBA, or R)
  • Strong quantitative, analytical, research oriented and problem solving skills
  • Superior communication both written and verbal and has the ability to handle multiple tasks in a time sensitive, fast paced, collaborative, collegial environment
  • Passion for the financial markets and an entrepreneurial mindset
  • Credit/Fixed Income research or trading experience is required
Responsibilities
  • Disciplined decision making
  • Risk management
  • Researching new opportunities

Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of skilled traders and technologists who work collaboratively to ensure efficient transactions. Unlike many competitors, Old Mission emphasizes the human aspect of trading, offering personalized service and problem-solving capabilities that enhance client relationships. The company's goal is to support its clients by providing reliable liquidity and fostering long-term partnerships.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for ESG-focused ETFs aligns with Old Mission's expertise in illiquid ETFs.
  • AI-driven trading algorithms enhance market-making efficiency for Old Mission.
  • Thematic ETFs' popularity offers Old Mission opportunities to expand and capture new markets.

What critics are saying

  • Increased competition in ETF market-making could erode Old Mission's market share.
  • Regulatory scrutiny on automated trading may increase compliance costs for Old Mission.
  • Volatility in emerging markets poses financial risks for Old Mission's investments.

What makes Old Mission unique

  • Old Mission specializes in illiquid ETFs, a niche market with high barriers to entry.
  • The company combines trading expertise with advanced technology for efficient market-making.
  • Old Mission's collaborative culture enhances problem-solving and client service.

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Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program