The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
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
