What are the responsibilities and job description for the Proprietary Equities Trader position at SMB Capital?
SMB Capital is excited to offer a Summer internship opportunity for college students who want a professional equities trading career after graduation. This position is available in-house, in either our New York City office (Midtown)or our Miami office (Downtown).
Our internship is designed to introduce you to the fast-paced, opportunity-rich world of intraday equities trading and, in turn, for us to witness your strong work ethic, creative problem-solving, and passion for markets, trading, and coding.
This internship is, first and foremost, for current US college students. It is an opportunity for students to be immersed in the culture of our NYC trading desk and to work through the same 8-week training module that we require of our graduate new hires. The internship is structured as an 8-week program with a target start date in early June.
We are searching for students with a passion for the markets and trading, whether discretionary trading or quantitative trading / coding. This opportunity requires an unusual attention to detail, ability to work well under pressure, and multi-task. The internship is unpaid, though we are happy to work with your university to grant you credit for the internship. Top talent will be offered an opportunity to join our trading desk upon graduation.
What is the career path for our graduate traders? New traders will spend two years training and trading, developing essential trading skills and building a trading playbook that makes the most sense to them. New traders will also be expected to build competence in quantitative trading, starting with simple alerting scripts in Python and moving onward to fully-fledged models for diverse trading environments. Then, the best traders, after two years, will have the opportunity to further their training and trade a bigger book. During this next career phase, traders will trade with more size and further develop their technical analysis, risk management, and quant skills. All traders benefit from coaching and mentorship from the firm's partners and senior traders and from access to Dr. Brett Steenbarger, a renowned trading psychologist who partners with our firm. Our top traders are experts in their unique market niches and are generally multi-product traders, supplementing equities trading with asset classes like equity options, and futures.
Please view our website at to learn more about us.
