Trader
Apply NowCompany: Tidal Financial Group
Location: Oak Brook, IL 60523
Description:
This role is onsite in our Oak Brook, IL office.
The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
About the role
Tidal is seeking a highly skilled trader/junior portfolio manager responsible for the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk-reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. The firm manages both active and index-based portfolios and covers most major global asset classes. This position will closely be involved with day-to-day portfolio management functions of exchange traded products. The ideal candidate will have a strong background in trading equities, options, and fixed income. This role requires experience in using Bloomberg or other institutional trading platforms, as well as a background in financial services and back/middle office operations.
What you'll do
Qualifications
Preferred Qualifications
This role is onsite in our Oak Brook, IL office.
The pay range for this role is:
90,000 - 130,000 USD per year (Oak Brook, IL)
The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
About the role
Tidal is seeking a highly skilled trader/junior portfolio manager responsible for the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk-reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. The firm manages both active and index-based portfolios and covers most major global asset classes. This position will closely be involved with day-to-day portfolio management functions of exchange traded products. The ideal candidate will have a strong background in trading equities, options, and fixed income. This role requires experience in using Bloomberg or other institutional trading platforms, as well as a background in financial services and back/middle office operations.
What you'll do
- Execute and manage trades across various asset classes with emphasis on fixed income.
- Work with the Trading Operations Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
- Utilize Bloomberg, MarketAxess, or other institutional trading platforms for efficient trade execution.
- Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies
- Stay updated with market trends, economic developments, and trading strategies.
- Strong familiarity with Microsoft Excel and other Office applications.
- Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
- A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
- Continually analyzing, reviewing and improving our operations and service as the trading business evolves.
- The individual will be expected to interact and build strong relationships with stakeholders.
Qualifications
- Business related degree.
- 3-5 years of experience (or more) in trading equities, options, and fixed income.
- Institutional/RIA trading experience.
- Proficiency with Bloomberg, MarketAxess, or similar institutional trading platforms.
- Strong understanding of financial markets and trading strategies.
- Excellent communication and customer service skills.
- Ability to work in a fast-paced and dynamic environment.
- Very high level of competency in Excel
Preferred Qualifications
- Experience with trading platforms, order management systems (OMS), and post-trade processing.
- Experience working for a firm that manages 40 Act products.
- Familiarity with regulatory requirements related to trading activities.
- Experience working in a high-paced, deadline-driven environment.
This role is onsite in our Oak Brook, IL office.
The pay range for this role is:
90,000 - 130,000 USD per year (Oak Brook, IL)