Position Summary
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world’s most complex economic problems.
Two Sigma Securities brings a scientific approach to systematic trading and risk management to make markets more efficient. Our team trades over 10,000 US equities and 4,000 listed options, leveraging our high performance trading system to execute over 850 million shares per day. Two Sigma Securities is entering an exciting growth phase. We value the insights of our colleagues and encourage them to innovate and shape their own work agenda. New joiners use our proprietary platform to work on diverse projects. From building next generation trading technologies and researching novel AI and machine learning techniques to enhancing our strategies and deploying automation, our team is pushing the frontier in systematic trading.
We are seeking to add to our Electronic Trading Services team within our wider Execution Services team. This role is where business, technology and interpersonal skills all come together. You will perform critical desk trading functions and contribute to projects and initiatives that continuously enhance our product offerings.
The team interacts closely with our wholesale market making business within Two Sigma Securities. The job offers broad exposure to external clients, various markets, and opportunities to collaborate across Modeling and Engineering teams internally. The candidate must be a proven collaborator with solid client coverage experience.
You Will Take On The Following Responsibilities
- Trade desk coverage is the primary function of this position. It includes client order handling, strategy performance monitoring, book management, surveillance reports review, etc.
- Monitor systems for technical issues or any unusual market condition that warrants manual intervention
- Collaborate with researchers / modelers closely to enhance our performance
- Identify new sales opportunities, onboard new clients, and maintain ongoing relationships
- Work with cross-functional teams to identify and roll out system enhancements
- Stay abreast of industry rules and trends to ensure our offering maintains competitive advantage
- Design and generate various reports for client slippage and internal best ex reviews
You Should Possess The Following Qualifications
- Minimum of 5 years of desk experience covering electronic equity execution by broker-dealers with deep understanding of algorithmic trading and overall market knowledge
- Excellent interpersonal skills with client coverage experience
- Genuine interest and curiosity in systematic trading industry, with a clear motivation to build a career at the intersection of quantitative markets and traditional high-touch sales-trading business
- Strong understanding of regulatory, compliance and middle office operations in Equities
- Ability to perform in a time-sensitive environment
- Proficiency in either SQL or Python is preferred
- Series 7, 63 and 57 licenses required, or to be obtained shortly after joining
You Will Enjoy The Following Benefits
- Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
- Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
- Learning: Tuition reimbursement, conference and training sponsorship
- Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
- Hybrid Work Policy: Flexible in-office days with budget for home office setup
The base pay for this role will be between $165,000 and $300,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.
