Simplify Logo

Full-Time

Operations Associate

Confirmed live in the last 24 hours

Engineers Gate

Engineers Gate

51-200 employees

Quantitative trading firm for institutional clients

Data & Analytics
Financial Services

Mid, Senior

London, UK

Category
Supply Chain Management
Operations & Logistics
Requirements
  • 2-5 years of finance experience working with credit and fixed income products.
  • University degree or directly transferrable and applicable professional experience
  • Ability to work collaboratively and communicate effectively
  • Ability to work efficiently and quickly
  • Ability to follow internal controls and policies
Responsibilities
  • London working hours will typically involve starting between 6 -7am BST/GMT when assisting with general support. When training and covering live trade support, the workday will start around 4:45am BST/GMT.
  • Covering live trade support (4:45am BST/GMT shift) will occur:
  • When providing vital backup coverage to the live trading support shift. Backup coverage is needed for both planned and unexpected out of office coverage. Such responsibility requires constant proactive training in order to be able to cover with little notice in case of emergency.
  • As the firm increases global trading and needs another team member to cover the 4:45am BST/GMT shift more permanently.
  • Live trading coverage (4:45am BST/GMT shift) includes, but is not limited to:
  • Live monitoring across dozens of strategies each trading different asset classes
  • Monitoring orders, fills, rejects, limit breaches, compliance alerts, etc.
  • Monitoring and executing rolls for futures and FX trading strategies
  • Maintaining and monitoring the firm’s centralized positions, prices and P&L for live reporting and for the data warehouse
  • Processing beginning of day (BOD) positions, corporate actions, security master changes, etc.
  • Reconciling and resolving breaks for all asset classes, including equities, futures and FX
  • Reconciling positions, P&L and financing on a daily basis
  • Chasing executing brokers and counterparties for any firm-wide breaks across asset classes
  • Coordinating with fund administrator, prime brokers, counterparties, and vendors
  • Maintaining and improving highly automated processes to maximize operating efficiency
  • Facilitating ad hoc requests from teammates, PM teams and across all internal teams

Engineers Gate is a technology-driven trading firm that specializes in quantitative trading, using mathematical models and algorithms to identify trading opportunities. The firm serves institutional clients like hedge funds and investment banks, helping them optimize their trading strategies. Engineers Gate differentiates itself by focusing on collaboration and continuous improvement in its proprietary trading strategies, which are designed for high-speed and accurate execution. The company's goal is to generate consistent profits from market inefficiencies while fostering a supportive and inclusive work environment.

Company Stage

M&A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion to Singapore indicates growth opportunities and potential for increased market presence in Asia.
  • The firm's focus on innovation and continuous improvement offers employees the chance to work on cutting-edge technology and trading strategies.
  • Generous benefits and a supportive work environment make EG an attractive place for top talent in the industry.

What critics are saying

  • The highly competitive nature of the financial markets means that EG must constantly innovate to stay ahead, which can be resource-intensive.
  • Potential acquisition by Millennium Management or Point72 Asset Management could lead to changes in company culture and strategic direction.

What makes Engineers Gate unique

  • Engineers Gate leverages advanced quantitative trading algorithms and data analytics to identify market inefficiencies, setting it apart from traditional trading firms.
  • The firm's strong emphasis on research and development ensures continuous improvement and innovation in trading strategies, maintaining a competitive edge.
  • EG's commitment to a collaborative and inclusive work environment fosters creativity and drives success, unlike firms with more rigid corporate cultures.