Global Equities Trader

New York, NY, United States

Job Description

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Ariel Investments is a premier, boutique, asset management firm. Our primary goal is to drive exceptional investment returns by bringing diverse perspectives together. The only way to beat a benchmark is to not look like one. As value investors, our thinking is deliberate and unconventional. We offer an independent, patient investing approach and aim to deliver excellence in any environment. We uphold our fiduciary responsibility to every shareholder, no matter how big or small. At Ariel, we strongly believe that teamwork yields results\xe2\x80\x94which is why we have Co-CEOs. John Rogers and Mellody Hobson share a desire to cultivate leaders who are curious, focused and disciplined. We are nimble and efficient. Our drive is fanatical and intentional. Everyone plays their position, and each contribution is critical to our firm\'s success. We seek subject matter experts who are unapologetically themselves. We encourage our employees to reach their full potential and we give them the runway to do so. After four decades of active investing, we remain committed to our clients, our teammates and our community. We strive to be best-in-class investors and pioneer a path for those who entrust us with their financial future.
Position Summary: Reporting to the Senior Vice President, Head Trader, the Global Equities Trader has direct trading responsibilities and works with the broader trading teams. The role spans equity and foreign exchange markets globally, including both developed and emerging markets. The role is responsible for monitoring account compliance with investment guidelines and working with the respective departments across the firm as part of this oversight. The trading responsibilities are supplemented with ad-hoc project work.
Responsibilities:
  • Modeling and generating trades from instructions received via Portfolio Managers on email or phone, utilizing an OMS, Charles River Investment Management Solution ("CRIMS").
  • Comprehension of restrictions monitoring rules employing the OMS compliance engine.
  • Executing equity trades in developed and emerging markets for multiple strategies, as well as currency (spot and forward) trades while monitoring and managing cashflows and positions.
  • Responsible for analyzing trade execution and TCA review with the investment team.
  • Synthesizing and debriefing Portfolio Manager(s) on both Macro and Micro news-flow and developments in all Global markets (DM, EM & FM) or investment topics of interest.
  • Reviewing and negotiating new Client Onboarding requirements and investment guidelines/restrictions while collaborating with the multiple departments as well as entering and testing all restrictions.
  • Conducting portfolio, security, or macro-level analysis on an as-needed basis (pre and post trade), including but not limited to performance attribution, risk or factor exposures, portfolio simulations, etc.
  • Role is on a global trading desk that includes real-time trading in international markets on a rotating basis, with remote-work flexibility based on hours of coverage.
  • Providing input to Standing Committees on Risk, Soft Dollar, Pricing, Proxy, and Trading Oversight.

Qualifications: Required:
  • Bachelor\'s degree in finance, accounting, economics, or related field.
  • Minimum 5 years of experience trading global equities and foreign exchange (trade modeling and execution), preferably on the buy-side.
  • Knowledge of major stocks and markets in ACWI benchmark and understanding of technical factors including charts and news-flow affecting equity securities and currencies is highly desirable.
  • Knowledge of currency trading and hedging with spot and forwards.
  • Experience with derivative instruments and alternative investments a plus.
  • Experience with CRIMS OMS for trading equities and foreign exchange a plus.
  • Experience executing foreign exchange on FX Connect a plus.
A utility player with excellent analytical skills and fluency in Bloomberg, Excel, and Order Management Systems.

Compliance: Ariel employees, including the incumbent(s) in this position, are required to: (1) read and strictly adhere to all compliance policies and procedures of the various Ariel entities, as applicable; and (2) work together with their colleagues, including the CCO, to resolve compliance issues.
Equal Opportunity Employer / Diversity: Ariel celebrates diversity and practices inclusion as a way to get work done \xe2\x80\x93 it\'s in our DNA. As an equal opportunity employer, employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, ancestry, marital status, parental status (including pregnancy), disability, perceived disability, veteran status, status of military discharge, or any other basis under federal, state, or local law. Ariel prohibits discrimination against an applicant or employee because of their actual or perceived protected characteristic(s), and is committed to recruiting, retaining, and developing a diverse group of talented applicants, and to providing employees with a workplace free from discrimination and/or harassment. Equal employment opportunity takes place in all employment practices, including recruiting, hiring, promotion, demotion, compensation, and termination. The firm seeks to uphold an inclusive culture where diversity is recognized and valued. As such, Ariel provides employees a robust benefits package that includes:
  • Coverage for same-sex partner (domestic or spouse)
  • Coverage for children (natural born, step, adopted or foster)
  • Fully paid medical insurance that covers fertility treatments, gender affirmation
  • Employer contributions to a Health Savings Account
  • Maternity leave at 100% pay (12 weeks)
  • Paid Parental Leave (up to 12 weeks depending on tenure)
  • Flexible Your Time Off policy
  • Hybrid work model \xe2\x80\x93 in office 3 days a week Tuesday through Thursday (occasional business needs may require being in the office on a remote day)
Lastly, all employees have access to Ariel-sponsored educational, training, and recreational activities.

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Job Detail

  • Job Id
    JD4263108
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    New York, NY, United States
  • Education
    Not mentioned