Trader – ETF / Delta One

Total compensation is expected to range from $350K to $500K, with flexibility to stretch above that range for appropriate candidates. Final compensation will be based on experience, credentials, and expected impact on the platform. Select junior candidates with highly relevant experience may also be considered..

Trader – ETF / Delta One

POSITION OVERVIEW

Our client is a well-capitalized institutional trading platform seeking a Trader focused on ETF and Delta One strategies. The position sits within a growing electronic trading and liquidity business focused on ETFs, listed derivatives, and related hedging products.

This is a hands-on trading role within a live production environment, with existing infrastructure already in place. The mandate is focused on advancing systematic market making, ETF arbitrage, and liquidity strategies through model refinement, execution improvement, disciplined risk management, and end-to-end strategy ownership.

The opportunity is well suited for a trader who combines strong market intuition with a quantitative, systems-oriented mindset. This is a highly visible seat within an entrepreneurial and collaborative platform where the right person can have meaningful influence on platform direction, product expansion, and the continued development of the business over time.

Reaponsibilities will include (but not be limited to): 

• Manage and enhance systematic market making and liquidity strategies across ETFs, listed derivatives, and related instruments
• Refine pricing models, execution logic, inventory management frameworks, and hedging methodologies
• Monitor and improve key trading performance drivers, including execution quality, inventory utilization, risk efficiency, fill quality, and overall strategy performance
• Develop and implement strategy enhancements and workflow improvements within a live production trading environment
• Take ownership of strategy development from research and refinement through production deployment and ongoing iteration
• Apply a practical understanding of ETF liquidity, ETF arbitrage, delta one products, portfolio trading, derivatives markets, and electronic execution workflows
• Use futures and related instruments as part of broader hedging, liquidity management, and cross-asset risk management processes
• Analyze pricing relationships, market behavior, cross-asset dynamics, and index-related exposures relevant to ETF and derivatives trading
• Partner closely with technology and quantitative teams to improve trading infrastructure, automation, monitoring, and system robustness
• Contribute to the continued development of production trading systems, operational monitoring, and risk controls
• Work collaboratively with trading, technology, risk, operations, and compliance stakeholders as the platform continues to scale

Qualifications:

• 4 to 10+ years of experience within systematic trading, ETF liquidity, delta one, portfolio trading, ETF arbitrage, derivatives market making, or related electronic trading environments
• Hands-on experience operating within live production trading environments with direct exposure to strategy execution, pricing, risk management, hedging, or liquidity provision
• Strong understanding of ETFs, listed derivatives, index products, portfolio hedging, and electronic market structure
• Experience working with systematic or quantitatively driven trading strategies in production environments
• Familiarity with execution systems, market data infrastructure, electronic trading workflows, and production trading technology
• Strong quantitative and analytical orientation, with a data-driven approach to trading, research, and decision-making
• Python proficiency preferred for analysis, research, and strategy development; additional programming exposure is a plus
• Ability to operate effectively in an entrepreneurial, fast-moving, and highly collaborative trading environment
• FINRA Series 57 and Series 7 licenses preferred, or ability to obtain promptly
• Experience within ETF market making, delta one, portfolio trading, systematic liquidity provision, or related electronic trading businesses strongly preferred