Full-Time

Execution Trading and Operations Associate

Confirmed live in the last 24 hours

Engineers Gate

Engineers Gate

51-200 employees

Quantitative trading for institutional clients

Quantitative Finance
Financial Services

Mid, Senior

London, UK + 1 more

More locations: New York, NY, USA

Initial training will occur in person in NYC and London for a few weeks.

Category
Quantitative Trading
Quantitative Finance
Required Skills
SQL
Data Analysis
Requirements
  • 3-8+ years of hedge fund experience working with at least two of the following categories: equities, futures, fixed income, credit, and/or macro strategies
  • 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
  • Working hours will typically be local Singapore hours. Initial training will occur in person in NYC and London during those respective local US and UK hours. Training would be at least a few weeks in each city and likely back-to-back with training in NYC first and then training in London after.
  • Trading and Operations daily coverage includes:
  • All live trading coverage across equities, futures, FX, fixed income, and credit. Such items include monitoring orders, fills, rejects, limit breaches, compliance alerts, rolling futures, monitoring FX rolls, etc.
  • All live monitoring of positions and P&L across asset classes, and also maintaining and monitoring the firm’s centralized positions, prices and P&L in the data warehouse
  • Responding to all live PM and ad hoc requests across asset classes
  • Processing beginning of day (BOD) positions, corporate actions, security master changes, and data warehouse updates for EURO and AMER equities. Note: The associate will need to understand the same info for APAC equities in order to support live APAC trading, but the BOD related processes for APAC will continue to be covered out of NYC from 10am-2:30pm EST/EDT.
  • Reconciling and resolving breaks for all asset classes
  • Reconciling positions and P&L for all asset classes
  • Coordinating with fund administrator, prime brokers, counterparties, and vendors
  • Maintaining and improving highly automated processes to maximize operating efficiency
  • Coordinating global handovers amongst teammates across Singapore, London, and NYC
  • Providing proactive and ongoing cross training remotely so that London and NYC can provide backup coverage to Singapore
  • Project work may include:
  • Onboarding new strategies, markets, products, and PM teams
  • Creating data analytics and summaries typically using SQL
  • Coordinating documentation for counterparties, compliance, due diligence, etc.
  • Proposing, testing, and documenting new operational enhancements

Engineers Gate is a trading firm that specializes in quantitative trading, using mathematical models and algorithms to identify trading opportunities in the financial markets. The firm serves institutional clients like hedge funds and investment banks, helping them enhance their trading strategies. What makes Engineers Gate different is its strong emphasis on collaboration and continuous improvement, supported by significant investment in research and development. The company's goal is to generate consistent profits for its clients by leveraging advanced technology and data analytics.

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.

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