Head Trader

Summary

Asset Management One is a New York-based quantitative asset manager (SEC registered investment adviser and CFTC registered CTA/CPO) with approximately $18b under management and advisory. We are seeking a Head Trader.

Position Overview:

The position will lead the firm’s trading division within the firm’s quantitative investment team. The position will be responsible for the oversight, administration and enhancement of the firm’s cross asset trade execution systems and infrastructures.  The Head Trader is expected to be familiar with executing transactions in global futures, options, fx, LME markets, seeking to minimize market impact and arrival versus internal benchmarks.  The Head Trader should also be familiar with bi-lateral trading of on-swap indices and custom baskets.  The role also requires experience with Python to further develop and enhance the automated trade life-cycle processes.  In addition, the responsibilities will include working with the quantitative investment team to enhance internal strategies as well as maintain the counterparty relationships across the street.

Duties and Responsibilities:

Primary responsibilities for the role are detailed below:

Oversight of internal trade execution platform

• Systematic execution of transactions on global futures markets
  • Futures and options on futures
  • LME
  • Spot FX
  • Understanding of market microstructure and exchange pricing mechanisms (settlement procedures, block trading, TAS markets)
• Deep understanding of FCM execution algorithms
  • “Off the shelf” offerings (TWAP, VWAP, POV, various arrival algorithms)
  • Transaction Cost Analysis of execution
• Knowledge of on-swap trading with counterparties
  • Custom Cross asset baskets in TRS format
  • Synthetic Risk Premia Index execution
• Experience in FX and Cash Treasury Trading

Python programming proficiency

• Assist in design, development, and testing of internal trade execution platform to extend capacity and product flow.
• Implement trading schemas and logic to reduce market impact and arrival price
  • Enhance pre-trade simulations to test hypothesis
  • Perform post trade analytics (TCA)
• Work closely with our 3rd party vendors to design and build reporting and API access to acquire various data, risk and post-trade analytics for internal congestion
• Work alongside the Operations team to streamline post trade processing and reporting
• Familiar with Pandas, Numpy, Jupyter Notebooks, and general SQL knowledge
• Experience with AWS (Lambda, Airflow) a plus.

Requirements

• 5-8+ years as a Trader in listed derivatives (futures, options, FX, LME)
• Excellent working knowledge of Python
• Working knowledge of databases and SQL
• Strong sense of personal responsibility and ownership of projects and tasks assigned
• Highly organized and self-motivated
• Process and detail oriented with a strong work ethic and team focused attitude.

• Proven ability to work well independently, with limited direct oversight, and in a team environment
• Strong commitment to workplace policies, procedures, and compliance standards
• Proven ability to develop and maintain positive and professional working relationships

The expected base salary for this role will be in the range of $200,000 - $260,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus. 

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill​, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.​​

Asset Management One USA Inc. offers a competitive total rewards package.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

LI-MIZUHO