Hudson River Trading (HRT) is seeking a Junior Portfolio Finance Trader to join our PostTrade team with a focus on European markets. In this role, you’ll have the opportunity to learn the inner workings of our highly successful automated trading strategies, tackle complex problems, and make an immediate, tangible impact with outstanding room for growth. As part of a technical and highly experienced team, you will receive direct mentorship and develop your industry experience as well as your quantitative and coding skillsets.
The ideal candidate for this role will be an avid learner with a background in finance and an interest in securities financing and automated trading.
Responsibilities
- Effectively manage operational matters (securities borrowing and lending, locates, dividends, fails, buy-ins, as well as prime and synthetic financing).
- Communicate daily with counterparties, prime brokers, internal traders, and various internal operations support teams in multiple regions.
- Manage the distribution and integrity of all financing costs charged by prime brokers and other liquidity providers to internal trading desks.
- Optimize efficiencies across prime brokers and HRT entities to reduce costs and capital usage.
- Drive European dividend management across a variety of custodians and products.
- Enable trading across new markets and products.
- Document processes and procedures.
Qualifications
- 2-4 years of market experience within equity finance, portfolio finance, or buy-side treasury function.
- Strong knowledge of EMEA equity financing markets, prime brokerage funding models, FX, and equity synthetics.
- Analytical mindset, curiosity, and strong cross-functional communication skills.
- Proficiency in Python, SQL, and other technical skills, as well as a keen interest to further develop these skillsets.
- Proven ability to maintain composure in stressful situations.
- Meticulous attention to detail and a desire to maintain accuracy while processing large amounts of information within finite timelines.
Culture
Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.
Top Skills
What We Do
Hudson River Trading brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
Why Work With Us
At HRT we are mathematicians, computer scientists, statisticians, physicists and engineers. We believe that by cultivating an environment that encourages idea sharing and collaboration, we develop our best strategies. We boast a flat management structure as all our people are motivated by being at the forefront of the automated trading world.
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Hudson River Trading Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Teams have a range of in-office needs: some require 24/7 coverage or hands-on maintenance, while others operate across time zones. While the majority of teams adopt a fairly even split between in-office and remote work, many come in every day.
