Job DetailsJob Location: Chicago, IL 60611Position Type: Full TimeSalary Range: $150,000.00 - $170,000.00 Salary/yearSenior Trader Asian Markets
Driehaus Capital Management is a privately held investment management firm that manages global, emerging markets and US growth equity strategies. The firm has a diverse institutional client base comprised of corporate and public pensions, endowments, foundations, sub-advisory, family offices, wealth managers and financial advisors, globally.
We are seeking an experienced Senior Trader with 6+ years of institutional trading experience to join our Trading department and cover Asian market hours. This opportunity is open to fully remote candidates who live out-of-state, with occasional travel to Chicago required. Driehaus is not a rotational trading desk.
Primary responsibilities:
Trades stocks and other instruments using brokers and/or relevant crossing networks.
Monitors any incoming news, research, or reports.
Communicates trade thoughts and news to portfolio managers and research teams.
Produces in-house trading reports that summarize all trading activity from previous day.
Takes reports from brokers and other execution venues.
Works with trading operations department to resolve trade “breaks.”
Determines the overall reasonableness of transaction costs while taking into account such factors as market condition, size and timing of the order, depth of the market, per share price, difficulty of execution, financial responsibility and broker commitment.
Monitors and evaluates the performance and execution capabilities of brokers to ensure that clients consistently receive executions of superior quality.
Executes rebalancing trades and checks executions.
Continually analyzes information feeds, news reports, and actual stock price changes to maintain knowledge of current market and stock conditions for equities to be traded.
Monitors national, regional, and sector markets to identify trends and events that may impact stock evaluation, portfolio management, and equity trading outcomes.
Initiates, maintains, and cultivates professional relationships with outside investment brokers and other resources to enhance market intelligence and identify investment and trading opportunities.
Develops and is accountable for the accuracy and completeness of regular and special analyses requested by senior management.
Maintains detailed knowledge of technology and systems that support trading operations (i.e. Ridgeline or other order management systems and Bloomberg EMSX.
Strong knowledge and experience trading Asian markets.
Knowledge/Experience:
Bachelor’s degree with 6+ years of institutional trading equity securities, including 3+ years in Asian or European markets.
Ability to work in dynamic, high-demand trading environment during Asian market hours.
Technical analysis experience a plus.
Knowledge of trading operations, products and services.
Assumes knowledge of markets, macroeconomics, statistical and economic research techniques, broker relations, and company operations and functions as they relate to trading operations.
Strong work ethic with initiative, flexibility and resilience, eagerness to learn, and drive.
Driehaus Capital Management LLC offers an exciting, comprehensive and competitive benefits package, which includes but is not limited to medical, prescription drug, dental and vision insurance, short and long-term disability, generous paid time off, paid parental leave, profit sharing & 401k plan, cell phone allowance, discretionary annual bonus, and subsidized fitness and wellness benefits.
In accordance with the Illinois Pay Transparency Law, the target base salary range for the role is below. Actual annual base salaries may vary based on factors including but not limited to internal equity, market data/ranges, as well as the individual applicant’s education, training, prior relevant experience, and other job-related qualifications. If hired, base pay will be determined on an individualized basis and is only one part of the total compensation package.
Target Compensation Range: Base Salary $150,000 - $170,000
Driehaus Capital Management LLC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Qualifications