Company Overview
Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information. While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process, and is an essential component of our firm’s ability to deliver attractive investment solutions. Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods.
We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources. Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates.
Working as part of a team of traders, which are embedded in the Investment Team, the primary responsibility for the Junior Trader is to assist the trading desk implement PanAgora’s investment decisions while handling the daily support functions of the team. This position will report to the Director of Equities responsible for trading.
Primary Duties and Responsibilities
- Perform administrative assignments:
- Interact with trading operations to ensure data integrity
- Reconcile post-trade details with the brokerage community to ensure proper settlement of executions, as a primary responsibility
- Learn how to execute orders in global markets to ensure portfolios are properly positioned.
- Communicate trade performance, relevant news and market activity, and trading strategy to the Investment Team
- Perform transaction cost research to enhance the firm’s trading capabilities and increase the team’s electronic trading capabilities, as a secondary responsibility.
Essential Skills:
- 1+ years of experience working on or supporting a trading desk in an operations role
- Knowledge of equity markets and equity trading
- Programming and Data science skills including knowledge of python and SQL required
- Investment Operations knowledge a plus
- Experience with an OMS and EMS such as Enfusion and/or Newport a plus
- BA or BS degree required: major in finance, computer sciences, operations management, engineering, mathematics or similar discipline is preferred
- Progress towards the CFA designation or advanced degree a plus.
- Team player; willingness to work with people at all levels to promote the common interest, willingness to work tirelessly toward the achievement of both departmental and personal goals
**PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws.