Trading Strategy Associate
The Trading Strategy Associate will be an integral member of the Equity Trading Team at Dodge & Cox. The Equity Trading team is responsible for implementation of tactical and investment decisions in markets globally. It is comprised of creative problem solvers who not only execute trades but also work closely with investment committee members, research analysts, portfolio implementation, trade analytics, and strategy teams to understand investment objectives in order to develop strategic approaches to source liquidity.
The Trading Strategy Associate will be an integral part of a strong teamwork culture where collaboration and cooperation drive communication and the decision-making process.
This is a 2 to 4 year position with the potential for longer-term employment.
Key responsibilities include :
Utilize tick data to implement trading signals / models to help improve execution performance
Research the properties of trading algorithms and perform in-depth analyses of global market micro-structure
Analyze market and trading data and create frameworks to improve existing trading strategies and tools
Advise and consult with execution traders on execution strategy and tactics
Develop pre-trade, intra-trade, and post-trade execution analysis for trading in Equity and FX markets
Develop and automate execution performance measurement framework & reporting
Develop and implement trading signal / models to help improve execution perfomance
Help to develop and improve trading workflows, including assessment of third-party vendor tools and third-party data
Perform ad-hoc analyses / participate in projects as required by internal clients
Qualifications :
Master's degree in financial engineering, data science, or other quantitative field
2 years relevant work experience at a financial institution preferred or post-undergraduate internship experience that demonstrates exceptional potential (Preferred)
Knowledge of and / or exposure or interest to trading algorithm design and analysis
Knowledge of and / or exposure or interest in trade executions and / or execution performance analysis
Basic knowledge of global market microstructure
Strong statistical and programming foundation using Python, R, MATLAB, C++ or similar languages
Basic knowledge of data management using SQL and other database tools
Highly organized, detail-oriented, flexible, reliable, proactive and service-oriented
Strong analytical and problem-solving skills
Ability to manage multiple priorities and meet deadlines
Excellent written and verbal communication skills
Outstanding organizational and time management skills with strong attention to detail
Ability to work effectively and contribute in a team environment, as well as independently
Willingness and flexibility to cover different markets and trading hours
Passionate about contributing to the growth of a developing and evolving function of the business
CFA or demonstrated interest in obtaining the CFA designation
Requirements :
Dodge & Cox has a 4 : 1 hybrid work model, and all Dodge & Cox employees are required to be in their assigned office as noted in the job posting Monday - Thursday each week, with the option to work remotely on Friday.
Salary Range : $155k - $180k
The listed pay scale denotes only the pay range of the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration. Dodge & Cox encourages applicants to consider the value of the many competitive benefits it offers, including coverage of 100% of all healthcare premiums for employees and their families and fully funding a retirement plan at 25% of the total compensation to the IRS limit. Dodge & Cox also provides additional benefits such as commuter, health & wellness, backup care, matching gift, employee assistance, and life and disability insurance. The listed pay scale reflects the base salary Dodge & Cox reasonably expects to pay for this position and is not a reflection of the highest and lowest base salary of any current Dodge & Cox employee. Actual base salary will be based on factors such as the candidate's prior relevant experience (including within and external to Dodge & Cox, as applicable), education, skills, and knowledge.
The job description above is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. It is the Company's policy to provide equal opportunity to all persons without regard to race, color, religion, sex, pregnancy, marital or domestic partner status, sexual orientation, gender identity or expression, age, ancestry, national origin, disability, or medical condition, as defined in state and federal laws. This policy covers all aspects of employment including, but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination. By applying for a position with Dodge & Cox, you acknowledge that you have read our EEO Policy.
All Dodge & Cox employees must adhere to the Firm's security policies and Code of Ethics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Strategy Associate • San Francisco, CA, US