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
We are seeking a skilled Leverage Trading Associate responsible for the implementation and management of various leveraged Exchange-Traded Funds (ETF). This role requires a deep understanding of financial markets, strong analytical skills, and an ability to manage portfolios within a fast-paced environment. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. This position will closely be involved with day-to-day portfolio management functions of leveraged ETFs.
The ideal candidate will have a strong understanding of equities, options, and other derivatives. This role requires using Bloomberg and other institutional trading platforms. A background in financial services and back/middle office operations is preferred.
What You'll Do
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Execute and manage trades across equities, options, and swaps.
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Execute day-to-day duties in the operations of the Trading Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
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Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
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Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.
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Stay updated with market trends, economic developments, and trading strategies.
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Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.
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Strong familiarity with Microsoft Excel and other Office applications.
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Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
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Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.
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A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
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Continually analyzing, reviewing and improving our operations and service as the trading business evolves.
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The individual will be expected to interact and build strong relationships with stakeholders.
Qualifications
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Bachelor’s degree, preferably business or quantitative discipline related, or relevant experience.
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Minimum 3+ years of experience (or more) in trading equities, options, and fixed income, with a strong emphasis on option trading.
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Institutional/RIA trading experience.
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Proficiency with Bloomberg or similar institutional trading platforms.
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Strong understanding of financial markets and trading strategies.
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Excellent communication and customer service skills.
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Ability to work in a fast-paced and dynamic environment.
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Demonstrated history of solving complex problems.
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Proficient with MS Office Suite.
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Very high level of competency in Excel.
Preferred Qualifications
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Experience with trading platforms, order management systems (OMS), and post-trade processing.
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Proximity to Chicago and New York preferred
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Experience working for a firm that manages 40 Act products.
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Familiarity with regulatory requirements related to trading activities.
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Experience working in a fast-paced, deadline-driven environment.
We are prioritizing candidates who are located within proximity to Chicago, IL; New York, NY, Milwaukee, WI, and Omaha, NE.
The Pay Range For This Role Is
85,000 - 110,000 USD per year(Oak Brook, IL)
85,000 - 120,000 USD per year(New York, NY)