What are the responsibilities and job description for the Algorithmic Trader position at Point One - Hedge Fund Talent?
Role Overview
The successful candidate will be responsible for implementing and executing systematic trading strategies focused on index rebalancing. This individual will leverage proprietary data, quantitative research, and real-time execution systems to capitalize on inefficiencies arising from index composition changes. The role requires a strong blend of market microstructure expertise, and execution optimization.
Key Responsibilities
- Develop and implement algorithmic trading strategies to exploit index rebalancing opportunities across equities and ETFs.
- Monitor, analyze, and optimize execution of large-scale trades in response to index events (e.g., MSCI, S&P, FTSE, Russell rebalances).
- Work closely with quants, researchers, and engineers to refine trading models and improve execution efficiency.
- Analyze historical rebalancing events to identify alpha-generating patterns and optimize order flow execution.
- Ensure risk management and compliance standards are met within the strategy framework.
- Enhance existing infrastructure for signal generation, trade execution, and post-trade analytics.
Key Qualifications & Experience
- 5 years of experience in algorithmic trading, quantitative trading, or market-making with a focus on index rebalancing strategies.
- Proven track record of profitability in trading index-related events.
- Strong understanding of market microstructure and execution strategies in equities, ETFs, and derivatives.
- Proficiency in programming languages such as Python, C , or Java for strategy development and backtesting.
- Knowledge of trading venues, order types, and liquidity dynamics.
- Ability to work under pressure in fast-paced, high-volume trading environments.
- Strong quantitative and analytical skills with a background in mathematics, statistics, or computer science.
- Excellent communication skills and ability to collaborate with cross-functional teams.
Preferred Qualifications
- Experience in machine learning applications for trading signal development.
- Familiarity with cloud computing (AWS, Azure, GCP) for large-scale data processing.
- Previous experience in a multi-strategy hedge fund, prop trading firm, or asset management firm.
