Associate-ETF Trader/Program Trading (Jacksonville, FL) recruitment
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This role is with the Equity Trading desk of CIB Center. The position will report to the Head of ETF/Program trading desk in New York and requires the individual to make markets in ETFs, manage risk and develop and backtest various quantitative strategies for hedging purposes.
About CIB Center
Corporate and Investment Banking (CIB) Center is a wholly owned subsidiary of Deutsche Bank and serves as a talent pool for DB's Corporate and Investment Banking team across the world. The Corporate and Investment Banking team contributes to a significant portion of Deutsche Bank's revenues and profits. Deutsche Bank is one of the leading Corporate Investment banks globally and a key player in the global financial sector.
Role responsibilities:
CIB Center is seeking to hire qualified candidates to work within the Equity trading desk. The trader would be involved in a host of activities and functions including:
• Make markets in ETFs including leveraged ETFs
• Design and manage market making algorithms
• Trade seed positions
• Rebalance books
• Price Lead Market Making ETFs
• Develop relationships with brokers
• Manage risk of the book
• Develop and backtest quantitative strategies to hedge risk of program trading baskets
Requirements:
• Strong academic background
• Senior hire with prior program trading and/or ETF trading experience
• Series 7, 63 and 55
• Strong quantitative and programming skills
• Ability, attitude and temperament to deliver in a high pressure environment is an absolute must
Desired Skills Experience
** At Deutsche Bank, we are proud to be an Equal Opportunity/Affirmative Action (M/F/D/V) employer **
Behavioral Skills
• Excellent communication skills – written and verbal
• Individual with a commitment motivation for self development and growth
• Desire to work in a fast paced, challenging environment
• Superior analytical aptitude, problem solving abilities
• Ability to think 'out of the box'