What are the responsibilities and job description for the Assistant Trader position at Praxis Capital Managment, LLC?
Who We Are:
Praxis Capital Management (PCM) is an opportunistic hedge fund manager founded in 2017 and our flagship, Praxis Opportunity Fund, was launched in 2018 with a successful performance record to date. Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. At PCM, merit quickly accumulates for hard working and detail-oriented individuals.
Position Summary:
For the first time, Praxis Capital Management is hiring an Assistant Trader to join our seasoned trading team in Miami, FL. The Assistant Trader will work directly with the Portfolio Manager and gain hands-on experience working with all members of the trading team, covering every aspect of the trading life cycle. This role requires a flexible approach, as you'll assist with a variety of tasks that support our strategic goals.
Responsibilities:
· Interface with Trading Team, Mid & Back-Office and Fund Administrator to ensure accuracy of daily & month end closing for all positions and trades
· Initiate, develop and maintain trading strategy and positions across multiple products
· Conduct product-specific research in order to identify idiosyncratic opportunities and risks
· Utilize sound risk management techniques to minimize overall risk for futures and equity trading
· Develop and run reports to analyze and support trading activities
Requirements:
· Bachelor’s degree required
· Detail oriented, organized, diligent
· Strong work ethic
· Self-motivated and adaptable
· Excellent communication skills
· Working knowledge of Excel
· Bloomberg experience preferred
· Ability to work under pressure
· Ability to focus in an open office trading environment
· Ability to work independently and as part of a team
· Ability to work in office and remotely as necessary
Pay: Competitive salary plus bonus with results-based rewards
Benefits:
· 401(k) and Roth 401(k) with matching
· Dental insurance
· Health Insurance
· Vacation/paid time off
Job Type: Full-time
Work Location: In person