Trading Operations Analyst at Virtu Financial

New York, New York, United States

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$100,000 – $150,000Compensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, TradingIndustries

Requirements

1-3 years of professional working experience (graduates will be considered)
Bachelor's degree preferred in a quantitative field (Business, Finance, Economics, or Engineering)
Strong experience with SQL and Python
Outstanding quantitative problem-solving skills
Ability to communicate information precisely and with agility to internal and external parties
Team player with a good attitude and flexibility in time commitment
Highly motivated and tenacious individual, with a proven ability to take initiative and work independently and within a team environment

Responsibilities

Managing the clearance, settlement, and reconciliation of all trades and positions for the firm
Collaborating with traders, finance, compliance, brokers, custodians, and firm customers
Ensuring timely settlement of trades and accuracy of books and records
Avoiding unanticipated risk to the firm and its customers
Working closely with software engineers to automate and enhance operational workflows
Performing data analysis and participating in the architecture of new systems and controls

Skills

Key technologies and capabilities for this role

SQLPythonTrade ReconciliationSettlementClearanceRisk ManagementQuantitative Problem-Solving

Questions & Answers

Common questions about this position

What is the salary range for the Trading Operations Analyst position?

The salary range is $100,000 - $150,000, exclusive of bonuses, benefits, or other compensation.

Is this Trading Operations Analyst role remote or office-based?

This information is not specified in the job description.

What skills are required for the Trading Operations Analyst role?

Strong experience with SQL and Python is required, along with outstanding quantitative problem-solving skills and the ability to communicate precisely.

What is the company culture like at Virtu Financial for this role?

The role emphasizes a team player attitude, flexibility, motivation, tenacity, and the ability to work independently and collaboratively in a technically driven environment focused on process improvement.

What should I expect in the application process for this position?

After passing application screening, candidates will receive an online programming test via email from HackerRank; no finance experience is required, but highlight technical proficiency in SQL/Python and quantitative skills.

Virtu Financial

Market making and trading solutions provider

About Virtu Financial

Virtu Financial specializes in market making and trading solutions, providing services that enhance the efficiency of financial markets. The company uses advanced technology and its understanding of market structures to offer a variety of products, including execution services, liquidity sourcing, and analytics. Clients such as institutional investors and broker-dealers benefit from Virtu's ability to generate liquidity, which helps stabilize markets. A key feature of Virtu's offerings is its Open Technology platform, which supplies clients with data-as-a-service, including a library of APIs and tools to improve trading strategies. Unlike many competitors, Virtu emphasizes transparency and a comprehensive approach to trading, aiming to support clients in navigating global financial markets effectively.

New York City, New YorkHeadquarters

2008Year Founded

$194.5MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

501-1,000Employees

Benefits

Wellness Program

Gym Membership

Risks

Increased competition from firms like Citadel Securities challenges Virtu's market share.

Regulatory scrutiny on high-frequency trading may raise compliance costs for Virtu.

Cryptocurrency market volatility impacts Virtu's liquidity provision and risk management.

Differentiation

Virtu leads in electronic market making across diverse asset classes globally.

The Open Technology platform offers a robust data-as-a-service solution with extensive APIs.

Virtu's commitment to transparency and innovation strengthens its industry position.

Upsides

Growing demand for algorithmic trading boosts Virtu's market making services.

ESG investing trends increase demand for transparent trading platforms like Virtu's.

Quantum computing advancements enhance Virtu's trading algorithms and market efficiency.

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