Trading Associate-Leverage

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.  

The pay range for this role is:

85,000 - 120,000 USD per year (Chicago Office)

Trading

Oak Brook, IL

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