Senior Trader

 Tuscan Ridge Asset Management seeks Senior Trader (multiple positions in Chicago, IL):  Oversee all trading activities for single name equity options. Monitor markets and positions and report trading results. Develop new and profitable trading strategies and identify new trade opportunities. Actively plan trade strategies, monitor and manage portfolio, and manage controllable costs in order to achieve financial goals. Collaborate with other Senior Traders and Executive team to align book strategies with firm strategies and to manage the group's risk profile. Review transactions to ensure conformance to regulations. Represent single name equity options in risk meetings, and prepare financial reports communicate vital information and results to team members.       

 

Full-time position, some supervision of others, M-F, 9am to 5pm.  Minimum Requirements: Bachelor’s degree in Economics, Finance or a related filed. Two years of experience as an Equity Options Trader. Experience must include: Two years of experience as an Equity Options Trader. Experience must include: 1) trading options from a Volatility Arbitrage perspective with a large (~100mm) capital base; 2) utilization of Garch, Arch, Whaley, and Binomial; 3) using options to structure Event, Risk Arb, and Special Situation trades; and 4) use of the FT Options, SpiderRock, ITG, and WEX platforms.

 

Please email resumes to: Neil Joshi at njoshi@tuscanridgeam.com.