Head Trader Cross Asset Execution, Quantitative Strategies

Madison-Davis

  • New York, NY
  • 30+ days ago
  • $260,000 Per Year

Highlights

The role offers end-to-end ownership of the cross-asset trade execution function spanning global futures, options, FX, and LME commodities with a primary focus on execution quality, market impact minimization, and continuous enhancement of internal trading infrastructure. Demonstrate deep understanding of market microstructure, exchange pricing mechanisms, FCM execution algorithms, and off-the-shelf algo offerings including TWAP, VWAP, POV, and arrival algorithms.

Numbers & Facts

LocationNew York, NY

Description


Title: Head Trader Cross Asset Execution, Quantitative Strategies

Office Status: Hybrid New York, NY

Base Salary: Up to $260k + discretionary bonus

ABOUT THE ROLE

This is a Head Trader opportunity at a New York-based quantitative asset manager with approximately $18B in AUM. The role offers end-to-end ownership of the cross-asset trade execution function spanning global futures, options, FX, and LME commodities with a primary focus on execution quality, market impact minimization, and continuous enhancement of internal trading infrastructure. This is not a quantitative research or algo-building role;the quant research team handles strategy development. The ideal candidate is an experienced execution trader who combines deep listed derivatives expertise with strong Python proficiency and a process-oriented, ownership-driven mindset.

RESPONSIBILITIES
  • Lead and oversee the firm's internal trade execution platform across global futures, futures options, spot FX, and LME commodity markets
  • Execute approximately 100 200 trades per day across cross-asset strategies with a focus on minimizing market impact and optimizing arrival price versus internal benchmarks
  • Develop and enhance automated trade lifecycle processes using Python;implement trading schemas and logic to improve execution quality
  • Demonstrate deep understanding of market microstructure, exchange pricing mechanisms, FCM execution algorithms, and off-the-shelf algo offerings including TWAP, VWAP, POV, and arrival algorithms
  • Conduct transaction cost analysis and post-trade analytics;enhance pre-trade simulations to test execution hypotheses
  • Manage on-swap trading with counterparties including custom cross-asset baskets in TRS format and synthetic risk premia index execution
  • Work closely with third-party vendors to design and build reporting and API access for data, risk, and post-trade analytics
  • Collaborate with the Operations team to streamline post-trade processing and reporting workflows
  • Partner with the quantitative investment team to enhance internal strategies and maintain counterparty relationships across the street
  • Assist in design, development, and testing of internal execution platform enhancements to extend capacity and product flow

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