Electronic Trading Risk Program Manager (A/VP)
$140,000 F/T Employee
A F/T position at a global financial services firm.
Pay Options: F/T Employee.
Contact Claire Volis. call (732)791-4721 / (212)616-4800 ext.590 or email firstname.lastname@example.org with the Job Code CV31735 or Click the Apply Now button ().
Skills required for the position: ELECTRONIC TRADING, RISK MANAGEMENT, PROGRAM MANAGER.
Detailed Info: Electronic Trading Risk Management (ETRM) is a business unit risk team responsible for understanding and mitigating the business and regulatory risks of electronic trading of cash equities and listed derivatives. ETRM covers electronic trading activities across IED globally, including but not limited to the MSET agency execution platform, Delta One structured products, Programs trading, Electronic Market Making, etc. ETRM works closely with a diverse set of stakeholders including: Product Management, Traders, Sales Coverage, Legal and Compliance, Technology, Operations, Desk Strategists, Quantitative Research and Clients.
ETRM's remit includes but is not limited to ownership of the following:
Program management of large cross-IED electronic trading technology change initiatives
The Global Limit Manager (GLM) system which provides pre-trade controls, owning the system and responsible for monitoring IED listed order flow through it on a real-time basis.
Design and implementation of innovative electronic trading control solutions (e.g. fat-finger and runaway algo prevention), which includes enabling business development in a risk-controlled manner.
Providing electronic trading subject matter expertise and risk oversight as it relates to:
Existing electronic trading product risk management coverage
Algorithm development risk management
New product development and trade flows.
E-trading regulatory inquiries and exchange audits
Business unit ownership of front-off
The successful ETRM candidate has:
A control focused approach that includes making appropriate risk decisions in a time pressured environment
A passion for capital markets, trading technology, and is interested in the global regulatory environment with respect to electronic trading
A technical mind to understand the complex trading technology infrastructure
Solution driven approach to identified issues
Can work effectively and efficiently to drive results in a complex, fast-pace, and multi-disciplinary organization
Specific skills and experience includes some or all of the following:
5-8 years of experience in a role with direct exposure to trading of equities and/or listed derivatives
Experience with electronic trading concepts, e.g. FIX messaging, market micro-structure, regulatory rules, market data, trading algorithms
Hands-on development and/or business analysis experience with business intelligence systems, data warehousing, enterprise system integration, and data modeling
Experience with key US electronic trading regulatory rules, such as 15c3-5, RegSHO, RegNMS, OATS, etc.
Experience managing, mentoring, and leading a small high performing team
Strong analytical background
Strong project management skills
Strong communication skills
The position offers competitive compensation package.
Job Id: 31735