3 Commodities Trader Jobs in Boston, MA
SORT BY
W
R
R
Wellington Management is Hiring a Commodities Trader Near Boston, MA
About UsWellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About The RoleThe Position
We are seeking to hire a Commodities Trader to execute orders from Portfolio Managers and Analysts across a range of needs including Commodity dedicated strategies, systematic approaches, and bespoke opportunities. Located in Boston, this position requires a high level of direct interaction and collaboration with Portfolio Managers, Research Analysts and Trading Counterparties to communicate market developments, formulate trading strategies, execute orders, and generate ideas.
Wellington Management's trading philosophy and practices are based on the principles of seeking best execution, contributing to portfolio alpha, and managing regulatory, operational, liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies, which emphasize the fair dissemination, aggregation and allocation of investment opportunities across our investment platform and ultimately our clients.
Wellington Management’s Trading Department employs approximately 60 traders globally, including 40 Fixed Income traders, and operates in specialized teams according to sectors and products. Our investment and trading activities are conducted on an industry-leading internally developed software platform, which we believe creates a meaningful competitive advantage. We are also supported by an in-house research and analytics team who provide in-depth, action-oriented insights into our trading capabilities and activities.
Responsibilities
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.BenefitsAt Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 80,000 - 180,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
About The RoleThe Position
We are seeking to hire a Commodities Trader to execute orders from Portfolio Managers and Analysts across a range of needs including Commodity dedicated strategies, systematic approaches, and bespoke opportunities. Located in Boston, this position requires a high level of direct interaction and collaboration with Portfolio Managers, Research Analysts and Trading Counterparties to communicate market developments, formulate trading strategies, execute orders, and generate ideas.
Wellington Management's trading philosophy and practices are based on the principles of seeking best execution, contributing to portfolio alpha, and managing regulatory, operational, liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies, which emphasize the fair dissemination, aggregation and allocation of investment opportunities across our investment platform and ultimately our clients.
Wellington Management’s Trading Department employs approximately 60 traders globally, including 40 Fixed Income traders, and operates in specialized teams according to sectors and products. Our investment and trading activities are conducted on an industry-leading internally developed software platform, which we believe creates a meaningful competitive advantage. We are also supported by an in-house research and analytics team who provide in-depth, action-oriented insights into our trading capabilities and activities.
Responsibilities
- Executing transactions, using a mixture of high-touch and low-touch execution methods, for all relevant accounts under management and in a manner consistent with our best execution and risk management practices, as well as our policies and procedures
- Developing and enhancing over time an in-depth understanding of the investment philosophies and strategies of the Portfolio Managers, Research Analysts, and Strategists
- Gathering, analyzing, and disseminating curated market and sector information and trade ideas that lead to actionable investment opportunities
- Developing and maintaining expertise on market structure: liquidity landscape, electronic trading, industry and regulatory developments, and technology-based solutions
- Establishing deep relationships with trading counterparties
- Continuous improvement of our processes: Identifying opportunities to increase efficiencies, optimize market access, and mitigate risk
- Collaborating with stakeholders across the Global Trading department including other Traders, Trade Coordinators, Trading Research and Analytics, and Trading Technology
- Experience in a commodities trading and/or sell-side sales role
- Strong analytical skills, with an ability to work quickly and accurately in a fast-paced, dynamic environment
- Growth mindset, solid work ethic and organizational skills, demonstrated investment in personal development
- Strong interpersonal and communication skills with experience working in a highly collaborative, team-based, and results-oriented environment
- Impeccable integrity, fiduciary mindset, and ability to consistently place the interests of our clients as the number one priority
- Academic credentials: a Bachelor’s degree is required and additional business, financial, or technology degrees and skills (MBA, CFA, programming) would be highly additive
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.BenefitsAt Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 80,000 - 180,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
Job Summary
JOB TYPE
Full Time
SALARY
$72k-113k (estimate)
POST DATE
06/23/2024
EXPIRATION DATE
07/12/2024
WEBSITE
wellingtonmgt.com
HEADQUARTERS
SAINT PAUL, MN
SIZE
25 - 50
FOUNDED
1984
CEO
STEPHEN WELLINGTON
REVENUE
$5M - $10M
Related Companies
Show more
The job skills required for Commodities Trader include Trading, Risk Management, CFA, Collaboration, Insight, Work Ethic, etc. Having related job skills and expertise will give you an advantage when applying to be a Commodities Trader. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commodities Trader. Select any job title you are interested in and start to search job requirements.
Show more
The following is the career advancement route for Commodities Trader positions, which can be used as a reference in future career path planning. As a Commodities Trader, it can be promoted into senior positions as a Foreign Exchange Trader III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commodities Trader. You can explore the career advancement for a Commodities Trader below and select your interested title to get hiring information.
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
