What are the responsibilities and job description for the Trader, Cross Asset Electronic position at Wellington Management Company, LLP?
About Us
Wellington 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 Role
The Position
We are looking to hire a Trader to join our Cross Asset Electronic Trading (XAET) team. The successful candidate will leverage various protocols to systematically trade multiple asset classes in a fast-paced, dynamic environment. Responsibilities include executing trades, monitoring market movements and trends, developing and testing trading strategies, adapting to changes in market structure, and reporting on performance and risk metrics. The candidate will collaborate closely with other Traders, Portfolio Managers, and Data and Technology teams to ensure optimal trade execution and risk management. A passion for financial markets, market structure, and a desire to evolve and improve our trading operations is essential.
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 across all markets. 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
- Execute transactions using electronic trading protocols, ensuring best execution, risk management, and adherence to policies and procedures.
- Develop and enhance an in-depth understanding of the investment philosophies and strategies of Portfolio Managers, Research Analysts, and Strategists.
- Gather, analyze, and disseminate curated market, sector, and security information and trade ideas to identify actionable investment opportunities.
- Develop and maintain expertise in market structure, including liquidity landscape, electronic trading, industry and regulatory developments, and technology-based solutions.
- Establish deep relationships with trading counterparties.
- Identify opportunities to increase efficiencies, optimize market access, and mitigate risk.
- Collaborate with stakeholders across the department, including Traders, Trading Research and Analytics, and Trading Technology.
Qualifications
A successful candidate should have the following qualifications :
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
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 .
At 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 65,000 - 150,000
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)
PDN-9e3f0836-21fc-4f6e-80f0-71cb7f2bca24
Salary : $65,000 - $150,000
