Treasury Associate
Strategy and Operations
Posted on 2/14/2023
INACTIVE
Hudson River Trading

501-1,000 employees

Develops automated trading algorithms using advanced mathematics
Company Overview
Hudson River Trading (HRT) stands out as a leading quantitative trading firm, employing over 800 experts from diverse disciplines, and providing liquidity on global markets with its advanced computing environment for research, development, and risk management. The company's culture fosters critical thinking and automation, with a strong commitment to ethical practices, advocating for fair and transparent markets. HRT's technical prowess and mathematical approach to trading, coupled with its industry leadership in algorithmic trading, make it an exceptional place to work for those seeking to impact the financial markets through technology.
Quantitative Finance
Financial Services
Data & Analytics

Company Stage

N/A

Total Funding

$327M

Founded

2002

Headquarters

New York, New York

Growth & Insights
Headcount

6 month growth

3%

1 year growth

8%

2 year growth

45%
Locations
Chicago, IL, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Python
Communications
Management
SQL
CategoriesNew
Finance & Banking
Requirements
  • Bachelor's degree in finance, accounting, or a related field required
  • 4+ years of experience in a similar role
  • Series 99 certification is encouraged prior to starting with the firm
  • Familiarity with bank account-related documentation
  • Exceptional analytical, organizational, and communication skills
  • Working knowledge of SQL, Python, and VBA
  • Attention to detail is a must
  • Ability to handle multiple priorities in a time-sensitive and dynamic environment
Responsibilities
  • Monitor the firm's capital and collateral used for trading purposes daily, including the calculation of USD and non-USD cash balances and projections
  • Interact with Business Development, Financial Strategy, Operations, and Middle Office teams to optimize capital efficiency
  • Assist with team projects and initiatives related to data collection, the buildout of analytical tools, and work process improvement and automation
  • Support the rollout of new initiatives in cash and capital management, cash forecasting, and reporting areas within the Treasury Department
  • Interact with external financial institutions, including FX banking partners
  • Collaborate on system implementation projects to improve automation
  • Identify analytical needs and process improvements
  • Facilitate other ad hoc requests
  • Verify, analyze, and (if necessary) dispute all margin calls and recalls prepared by the team
  • Manage debit and credit balances across prime brokers (PBs) and custodians on a daily basis, with a focus on minimizing financing costs, laddering out term funding, and working with FinStrat to optimize positions
  • Manage foreign currency risk for a dynamic, multi-program (cash flow hedging, balance sheet hedging, net investment hedging, etc.) FX hedge portfolio
  • Identify currency exposures and develop appropriate hedge strategies
  • Analyze hedging performance and investigate gaps/anomalies/discrepancies
  • Provide coverage of cash and capital management, including global bank administration, daily cash operations (corporate and trading-related), and risk management (FX) responsibilities for the Treasury Operations team