INTL FCStone

Algorithmic Trade Operator

Posted on: 2 Aug 2022

Chicago, IL

Job Description

Position Purpose:     

We are looking for a generalist who is excited by the algorithmic trading space. You’ll help operate our trading strategies, automate backoffice tasks, build new tools, test software changes, and respond to customer support inquires.  We’ll work with you to develop expertise in market microstructure and tick data.  Candidate should be able to quickly analyze issues, formulate effective resolution plans and communicate efficiently with the team and broader stakeholders. This position is hybrid-remote with 3 days per week in our downtown Chicago office.

Primary Accountabilities/Responsibilities: 

Operate algorithmic trading software
Cover and observe trading w/ the ability to quickly cover positions if needed
Perform complex investigations, troubleshooting and problem-solving
Write scripts to automate back-office tasks
Create software tools to improve operations and data analysis
Quality Assurance testing on software updates
Assist with system configuration to establish new strategies and improve existing ones
Establishes and maintains relationships with various counterparties
This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.

Job Requirements:

Bachelor’s degree in Business, Finance, Economics, Engineering, or related field preferred
Some Java, Python, or C# strongly preferred
Minimum 2 years practical work experience but trading experience is not required
Strong problem solving and analytical skills
Excellent customer service, communication, and organizational skills
Strong work ethic and emphasis on attention to details
Must be authorized to work in the US for any employer

Class:  Full-time, Exempt            

Physical requirements/Working conditions:

Climate controlled office environment
Minimal physical requirements other than occasional light lifting of boxed materials
Dynamic, time-sensitive, trading room environment

INTL FCStone

New York, New York

INTL FCStone Inc. operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.

The company’s Securities segment offers value-added solutions that facilitate cross-border trading in foreign securities, including unlisted American Depositary Receipts, Global Depository Receipts, and foreign ordinary shares. It also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies. In addition, this segment originates, structures, and places debt instruments; trades in various international debt instruments; and offers asset management services.

The company’s Physical Commodities segment provides a range of trading and hedging services comprising over-the-counter (OTC) products for various producers, consumers, and investors. It also provides financing services to commercial commodity-related companies against physical inventories.

The company’s Clearing and Execution Services segment offers prime brokerage foreign exchange services for the financial institutions and professional traders; provides a range of OTC products, such as 24-hour a day execution of spot, forwards, and options, as well as non-deliverable forwards; and operates a proprietary foreign exchange desk that arbitrages the exchange-traded foreign exchange markets with the cash markets. The company was formerly known as International Assets Holding Corporation and changed its name to INTL FCStone Inc. in March 2011. INTL FCStone Inc. was founded in 1924 and is headquartered in New York City, New York.

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