Equity Trader
We are looking for a dedicated Assistant Trader (Prop Trader) to work under this trader as a Junior Trader. This is a unique opportunity to work directly under a seasoned trader, managing a significant portfolio across multiple accounts. You will be watching the markets, doing deep level research, and executing hundreds of trades per day, primarily in the small cap equities market. We are looking for an individual who "loves the game" of trading but prefers the strategic and analytical side of execution over the high-stress personal risk of independent trading. Whether you are a veteran of the industry looking for a more structured environment or a brilliant engineering mind ready to break into finance, this role offers a direct mentorship path to potentially bigger roles in the future.
Responsibilities
- Trade Execution & Management: Executing buy and sell orders for various financial instruments, including small cap equities and options contracts.
- Deep-Dive Research: Acting as a lead researcher and analyst to identify market inefficiencies and optimize entry/exit strategies.
- Operational Optimization: Closely monitoring routing and slippage to ensure the highest quality of execution.
- Strategic Growth: Collaborating directly with the head trader to share insights, trends and ideas for optimization.
- Performance Reporting and record keeping: Analyzing daily, weekly, and monthly performance metrics to ensure all managed accounts are being monitored.
Requirements
- Education & Background: A Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or Computer Science (specifically for algorithmic trading) is preferred but not necessary
- Trading Experience:, 1–3 years of experience in market analysis or trading
- Skill Set: Exceptional quantitative, analytical, and risk management skills. You must demonstrate the ability to work under high pressure and make split-second decisions.
- Technical Proficiency: Knowledge of programming languages like Python or MATLAB is a significant advantage for our automated and quantitative strategies.
- Excellent knowledge of trading protocol - must have a good understanding of market tactics such as short selling and options trading strategies, as well as dark pool routes and bid/ask level 2
- Hungry and highly motivated individual
- Very good communication skills
- Flexible work hours - many days you will be expected to be working 12 hours.
—------------- COMPENSATION & BENEFITS
- Compensation: USD6,000 - USD8,000
- Location: Onsite in Puerto Rico, Open to Hybrid mode
Growth Path: Clear trajectory