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.
• Minimum 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.
• Proximity to Chicago and New York preferred
• 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.
We are prioritizing candidates who are located within proximity to Chicago, IL; Milwaukee, WI; Omaha, NE; and West Palm Beach, FL.
The pay range for this role is:
85,000 - 110,000 USD per year(Chicago Office)
85,000 - 120,000 USD per year(New York, New York)