Trade Associate - Leverage

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
85K-120K Annually
Junior
Fintech • Software • Financial Services
The Role
Execute and manage leveraged ETF trades across equities, options, and swaps while handling allocations, settlements, reconciliations, and post-trade operations. Use Bloomberg and institutional trading platforms to support best execution and fund efficiency. Collaborate with portfolio management, operations teams, prime brokers, and market makers; monitor markets, improve trading procedures, ensure accuracy, and support fund objectives and performance.
Summary Generated by Built In

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

  • Execute and manage trades across equities, options, and swaps.  
  • 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.  
  • Utilize Bloomberg or other institutional trading platforms for efficient trade execution.  
  • Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.  
  • Stay updated with market trends, economic developments, and trading strategies.  
  • Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.  
  • Strong familiarity with Microsoft Excel and other Office applications.  
  • Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.  
  • 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.  
  • A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.  
  • Continually analyzing, reviewing and improving our operations and service as the trading business evolves.  
  • The individual will be expected to interact and build strong relationships with stakeholders.  

Qualifications

  • Bachelor’s degree, preferably business or quantitative discipline related, or relevant experience  
  • 1-3 years of experience (or more) in trading equities, options, and fixed income, with a strong emphasis on option trading  
  • Institutional/RIA trading experience  
  • Proficiency with Bloomberg or similar institutional trading platforms  
  • Strong understanding of financial markets and trading strategies  
  • Excellent communication and customer service skills  
  • Ability to work in a fast-paced and dynamic environment  
  • Demonstrated history of solving complex problems  
  • Proficient with MS Office Suite  
  • Very high level of competency in Excel  

Preferred Qualifications  

  • Experience with trading platforms, order management systems (OMS), and post-trade processing  
  • Experience working for a firm that manages 40 Act products  
  • Familiarity with regulatory requirements related to trading activities  
  • Experience working in a fast-paced, deadline-driven environment  

Skills Required

  • Bachelor's degree, preferably in business or a quantitative discipline, or relevant experience
  • 1-3 years of experience trading equities, options, and fixed income, with strong emphasis on options trading
  • Institutional or registered investment adviser (RIA) trading experience
  • Proficiency with Bloomberg or similar institutional trading platforms
  • Strong understanding of financial markets and trading strategies
  • Excellent communication and customer service skills
  • Ability to work in a fast-paced and dynamic environment
  • Demonstrated history of solving complex problems
  • Proficiency with Microsoft Office Suite
  • Very high competency in Microsoft Excel
  • Experience with trading platforms, order management systems, and post-trade processing
  • Experience working for a firm that manages Investment Company Act of 1940 products
  • Familiarity with regulatory requirements related to trading activities
  • Experience working in a fast-paced, deadline-driven environment
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The Company
HQ: Milwaukee, WI
154 Employees
Year Founded: 2012

What We Do

Tidal Financial Group is a leading ETF investment technology platform, founded in 2012 to create, manage, and grow ETFs with a focus on customer-centric solutions. Our comprehensive platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution. With offices in New York, Chicago, Milwaukee, West Palm and Detroit, our team of ETF and financial specialists brings extensive industry experience to every partnership.

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