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Execution Quant Trader

Jersey City, NJ

About Us 

Scout Group LLC is a global proprietary trading firm operating at the intersection of finance, data science, and engineering. We leverage advanced technology, quantitative research, and deep market expertise to trade our own capital across global financial markets. 

The Role 

We are seeking an experienced Execution Quant Trader to join our trading team. This individual will play a critical role in designing and optimizing equity execution strategies to minimize slippage, improve execution quality, and scale automated trading workflows across U.S. markets. 

Job Responsibilities 

  • Own and enhance equity execution strategies for large portfolio-level orders 
  • Design and implement execution algorithms to reduce slippage and market impact 
  • Monitor, analyze, and iterate on execution performance metrics 
  • Collaborate with Portfolio Managers and execution operations to translate portfolio needs into execution plans 
  • Build tools and automation to scale execution across trading strategies 
  • Maintain knowledge of venue rules, order types, exchange nuances, and regulatory constraints 
  • Partner with quantitative researchers and developers to improve execution quality and infrastructure 

Job Requirements 

  • Strong quantitative and analytical background with a data-driven mindset 
  • Solid coding skills with the ability to build, test, and deploy execution algorithms 
  • 4 to 5+ years of relevant experience in equity execution, execution algorithms, or market microstructure 
  • Deep understanding of U.S. market structure, order types, and venue-specific behaviors 
  • Experience minimizing transaction costs and slippage across U.S. equities 
  • Familiarity with execution across additional asset classes such as futures or corporate bonds is a plus 

Preferred: 

  • Experience at large banks, prop trading firms, or market makers with dedicated execution teams 
  • Experience integrating with OMS/EMS platforms 
  • Programming experience in Python, C++, or similar languages 
  • Exposure to execution across additional asset classes such as futures or fixed income 

What We Offer: 

  • Salary up to $200,000 base per annum 
  • Performance-driven compensation structure
  • Company paid Medical, Dental, and Vision
  • 401 (k) with 4% match
  • FSA and Commuter Benefits
  • Access to advanced trading technology and infrastructure
  • Collaborative environment with experienced traders, quants, and engineers
  • Opportunity to build and scale execution capabilities across global markets 

 

Note: Scout Group partners with approved recruiting agencies only. Recruiters and agencies should not submit resumes unless specifically authorized by the HR team. Unsolicited resumes will not create an obligation for Scout Group to pay placement fees.

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