Algorithmic Trader Job Description
Algorithmic Trader Duties & Responsibilities
To write an effective algorithmic trader job description, begin by listing detailed duties, responsibilities and expectations. We have included algorithmic trader job description templates that you can modify and use.
Sample responsibilities for this position include:
Algorithmic Trader Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Algorithmic Trader
Typically a job would require a certain level of education.
Employers hiring for the algorithmic trader job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Mathematics, Computer Science, Physics, Engineering, Science, Economics, Finance
Skills for Algorithmic Trader
Desired skills for algorithmic trader include:
Desired experience for algorithmic trader includes:
Algorithmic Trader Examples
Algorithmic Trader Job Description
- Design and implement algorithmic trading strategies
- Managing intraday performance and risk of existing algorithms
- Enhancing existing infrastructure and algorithms
- Developing and maintaining tools to inform hedging and trading decisions
- Liaising regularly with traders to understand their requirements
- Analyzing potentially large data sets to understand and predict market and client behaviors
- Experience of automated market making in traded markets
- Evidence of working in a team to build a portfolio of algorithmic strategies
- Direct experience of building a testing framework for algorithmic execution, including performing testing schedule for trading strategies
- Ability to extract, manipulate and analyse large datasets relevant to algorithimic execution
- Significant experience in quantitative and algorithmic methodologies
- Have experience working as an algorithmic trader
- Experience as an individual contributor
- Demonstrate resilience under pressure and a proactive attitude to overcome hurdles
- Interest in market microstructures and quantitative trading in global markets
- Demonstrable proficiency in code design and programming skills, with primary focus on Python and Java
Algorithmic Trader Job Description
- Experience of working in European Energy markets
- Previous experience of financial markets, credit electronic trading advantageous, but not a pre-requisite
- Developing trading models, managing trading automatons
- Managing the risks of having those executed trades on the books
- Managing daily profit and loss reporting and PnL explain
- Price and execute client orders where appropriate
- Excellent verbal and written communication skills as this position involve frequent interaction with different teams in the firm
- Understands the different types of risk
- Academic background at undergraduate or Masters/PhD level in a quantitative subject (Physics, Engineering, Statistics, Mathematics, Computer Science or other analytical background)
- Strong programming skills in Java, Python and q/kdb
- Good problem solving skills and pragmatic approach
- Good interpersonal skills with the ability to present complex ideas clearly