Full-Time

Trading Operations Associate

Updated on 9/3/2026

Engineers Gate

Engineers Gate

201-500 employees

Quantitative trading firm serving institutional clients

Compensation Overview

$70k - $100k/yr

New York, NY, USA

In Person

Bachelor's

Category
Finance & Banking
Required Skills
Grafana
Airflow
SQL

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Requirements
  • 0-3 years in a trading operations, trade support, production support, or operations role at a hedge fund, prop firm, bank trading desk, or execution venue
  • Bachelor’s degree or directly transferrable and applicable professional experience
  • Strong inclination towards technical and operational processes. Process-driven mindset with a strong appreciation for operational robustness, controls, and repeatability
  • Working SQL knowledge to pull, join, and reconcile data without waiting on engineering is a plus
  • Direct experience monitoring live trading systems - OMS/EMS, FIX flow, algo execution, exchange connectivity (ideally in a systematic or high-message-rate environment) is a plus
  • Experience with PagerDuty, Airflow, Grafana, or similar monitoring/alerting stacks is a plus
Responsibilities
  • Monitor systematic trade alerts in real time for rejects, stale orders, fill anomalies, venue/algo failures, risk-limit breaches, and P&L spikes
  • Watch scheduled technical jobs across the trading stack - BOD/EOD processes, system alerts, vendor data and reference data feeds - and triage failures before they impact trading
  • Investigate data quality alerts (stock prices and returns, vendor data, FX rates, stale prices) and coordinate fixes with the relevant vendor or source
  • Manage stock locate file alerts, source single name locate requests, and manage locate outages across strategies and prime brokers. Coordinate with portfolio finance and trading teams on hard-to-borrow names and stock loan recalls
  • Own trade capture and booking accuracy. Ensure fills and trades are captured cleanly into the database and downstream systems, with correct strategy, account, and economic terms
  • Serve as the primary point of contact during your shift on execution issues, broker connectivity, OMS/EMS behavior, order-state questions for portfolio managers and all departments
  • Identify, research, and resolve intraday system trading alerts to address mismatches across FIX order messages, drop copies, OMS GUI, database, and executing brokers
  • Investigate and resolve trade breaks against executing brokers: quantity, price, side, fees, settlement, and allocation account discrepancies. Engage broker sales contacts directly and escalate where needed
  • Run thorough handoff between regions with clean, written notes - Address and resolve items handed over to you; add watch items; add items for the next region; and add reminders
  • Support post-trade flows where they touch monitoring and breaks: allocations, give-ups, exchange/clearing/matching acknowledgements
  • Execute orders on behalf of, or as backup to, the trading desk under trader direction, primarily working/managing systematic flow, not discretionary risk-taking
  • Provide backup coverage for team members as needed

Engineers Gate uses mathematical models and algorithms to trade in financial markets for institutional clients. It designs and deploys proprietary trading strategies that can automatically execute trades at high speed and high accuracy, supported by advanced technology and data analytics. The firm focuses on continuous research and development to improve its strategies and infrastructure, aiming to stay ahead of market opportunities and profitability. Compared with peers, Engineers Gate emphasizes collaborating across diverse teams, maintaining a supportive work culture, and delivering reliable performance for hedge funds, investment banks, and other institutions. Its goal is to generate consistent profits for clients and the firm by exploiting market inefficiencies through disciplined, data-driven trading.

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$300M

Headquarters

New York City, New York

Founded

2014

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Simplify Jobs

Simplify's Take

What believers are saying

  • Millennium’s February 2026 $300 million top-up validated Engineers Gate’s rebound.
  • The firm’s website listed Singapore offices on August 21, 2026.
  • Rapid capital redeployment kept Engineers Gate large after the March 2026 breakup.

What critics are saying

  • Bloomberg reported the Millennium partnership ended March 26, 2026, stripping stable capital.
  • Business Insider said Engineers Gate was down around 6% in January 2026.
  • Persistent quant underperformance triggers redemptions, staff departures, and platform collapse.

What makes Engineers Gate unique

  • Engineers Gate combines systematic trading, proprietary algorithms, and multi-region execution teams.
  • Millennium backed Engineers Gate to $3.6 billion on February 12, 2026.
  • Singapore buildout gives Engineers Gate direct access to Asia’s quant talent pool.

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Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

31%

1 year growth

31%

2 year growth

31%
Bitget
Mar 26th, 2026
Millennium Commits $3.6 Billion to Engineers Gate: A Strong Vote of Confidence in Quantitative Strategy Recovery | Bitget News

Millennium's Strategic Expansion with Engineers GateMillennium's recent $300 million increase in funding to Engineers Gate is a calculated extension of its | Bitget crypto news!

Business Insider
May 28th, 2024
$2 billion quant firm Engineers Gate is expanding to Singapore as more multi-strats set up shop in Asia

$2 billion quant firm Engineers Gate is expanding to Singapore as more multi-strats set up shop in Asia.

Breaking Media
Feb 17th, 2022
Dubin retires from Eglp

Dubin retired from Engineers Gate that same year.

Bloomberg
Feb 16th, 2022
Millennium Management LLC acquires Eglp

Millennium Management and Point72 Asset Management are separately in talks to buy quant hedge fund Engineers Gate, according to people with knowledge of the matter.