Managing Director of Trading

Managing Director of Trading 

Elite, fast-growing proprietary trading firm - with two decades of continued success - seeks a Managing

Director of Trading to lead our growing Trading Department. We are looking for an effective leader who

possesses excellent communication and risk management skills to oversee the coaching, training, and

supervision of our traders and to champion our Analytics Department.

About Us:

Trillium, founded in 2003, is one of the first and fastest growing electronic proprietary trading

firms with trading floors in New York City, Chicago, and Miami. The firm expanded in 2014 with

the formation of Trillium Labs, providing cutting-edge trade surveillance software to institutions

via our flagship product, Surveyor.

Trillium is comprised of a group of highly motivated individuals with extensive industry

knowledge and a true passion for financial markets. At Trillium, we believe in integrity and hard

work, and are fully committed to the growth and development of all our traders and employees.

The Role:

As the Managing Director of Trading , you will play a crucial role in the leadership, development,

and growth of our trading team and its long-term direction. In doing so, you will be responsible

for overseeing the health of the trading floors with specific attention to supervision, performance

coaching, and training. The role requires a candidate with sophisticated knowledge of the

equity markets, market structure, overall firm risk management, pay structure, and trading data

analytics as well as, strong interpersonal skills and the ability to communicate in a dynamic and

evolving environment. This position will work closely with both the trading group managers and

Trillium’s C-suite to ensure that both the short and long-term visions for the Trading Department

are successfully realized.

Responsibilities include:

● Evaluating the current system for determining trading limits and collaborating with the

trading managers in order to improve transparency while maximizing profitability

● Assisting in the development of an Analytics Department to provide traders with valuable

trading metrics and statistics

● Working directly with group managers and traders to establish measurable and

quantifiable goals

● Creating initiatives that coach, teach, inspire, and motivate traders

● Being a thought leader as it relates to market conditions, trading initiatives, and

compliance updates

● Collaborating with HR to enhance the interview process for potential trading hires and

further develop the training program for new traders

About You:

You are an enthusiastic, motivated, and dynamic person who is a quick learner, holds deep

industry knowledge, and can effectively lead our growing trading team. The ideal candidate

must be able to do and/or oversee the following:

● Effectively problem solve with counterparties and develop long term, mutually beneficial

relationships

● Identify as a learner, and continuously develop market understanding with a track record

of adapting to changing market environments

● Liaise with stakeholders, internal teams, and external customers and suppliers; excellent

communication skills are a must

● Maintain a process-driven mindset with a clear vision for efficacy and efficiency

● Generate and drive the development of mental modes for new or higher quality

opportunities

● Develop and maintain vendor relationships and alternative trade venue platforms

● Create and facilitate the team’s continuing development and serve as an inspiring leader

● Perform transaction cost analysis and broker strategy evaluations to identify where, and

how, the trading function can potentially add value

● Maintain familiarity with industry best practices and regulatory changes impacting

securities trading and ensure staff follows suit

● Oversee and work with the Analytics Department to regularly provide reporting, market

color, and industry updates

Job Requirements:

● Proficient in transaction cost-analysis and global performance analysis of large-scale

trading operations

● 8+ years of experience in proprietary trading, as well as asset optimization, with a strong

entrepreneurial approach and high degree of motivation and attention to detail

● 5+ years of direct managerial experience, including overseeing smaller teams as a

“manager of managers” or “lead of leads” positions

● Familiarity with front-end trading platforms, charting, filtering, accounting, and news

programs

Benefits and Perks

● Competitive salary & 401(K) match that vests immediately upon participation

● Parental leave & PTO policy

● Medical & dental insurance with FSA/HSA, effective first day of employment

● Pre-tax commuter transit

● Daily catered lunch and Tuesday breakfast in-office

● Complimentary membership to Battleground Country Club

● Collaborative, inclusive, and dynamic work environment within a mission-driven

company

● Hybrid work model

Trillium is an Equal Opportunity Employer. In order to provide equal employment and

advancement opportunities to all individuals, employment decisions at Trillium are based on

merit, qualifications, and the needs of the company. Trillium does not discriminate on the basis

of race, creed, color, religion, sex, national origin, age, disability, predisposing genetic

characteristics, ancestry, military status, family care status, marital status, sexual orientation,

domestic violence victim status, gender identity or any other legally protected basis protected by

applicable law.

Applicants who are interested in applying for a position and require special assistance or a

reasonable accommodation due to a disability should contact [email protected]