Trading Associate-Options

About the role

Tidal is seeking a highly skilled Trading Associate responsible for supporting the implementation and management of various Exchange-Traded Fund (ETF) portfolios. This role requires a deep understanding of financial markets, strong analytical skills, and a proven track record in managing portfolios within relevant risk -reward frameworks. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers.

The firm manages both active and index -based portfolios and covers most major global asset classes. This position will be closely involved in the day-to-day portfolio management functions of ETF products. The ideal candidate will have a strong background in trading equities and options. This role requires experience in using Bloomberg or other institutional trading platforms, as well as a background in financial services and back/middle office operations.

What you'll do

• Execute and manage trades across equities and options.

• Execute day-to-day duties in the Trading Operations Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.

• Utilize Bloomberg or other institutional trading platforms for efficient trade execution.

• Assist the team with rebalances, new fund launches, and custom in-kind baskets prior to taking on these tasks independently.

• Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.

• Stay updated with market trends, economic developments, and trading strategies.

• Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.

• Strong familiarity with Microsoft Excel and other Office applications.

• Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.

• Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.

• A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.

• Continually analyzing, reviewing and improving our operations and service as the trading business evolves.

• The individual will be expected to interact and build strong relationships with stakeholders.

Qualifications

• Bachelor’s degree, preferably in business or quantitative related, or relevant experience

• 2 or more years of experience in trading equities and options with a strong emphasis on option trading

• Institutional/RIA trading experience

• Proficiency with Bloomberg or similar institutional trading platforms

• Strong understanding of financial markets and trading strategies

• Excellent communication and customer service skills

• Ability to work in a fast-paced and dynamic environment

• Demonstrated history of solving complex problems

• Proficient with MS Office Suite

• Very high level of competency in Excel

Preferred Qualifications

• Experience with trading platforms, order management systems (OMS), and post-trade processing

• Experience working for a firm that manages 40 Act products

• Familiarity with regulatory requirements related to trading activities

• Proximity to Palm Beach Gardens or Chicago preferred