To apply, please submit a cover letter detailing your interest in this opportunity along with a summary of your experiences to date.
Are you interested in being a part of the mission to cure cancer at MSK? We have an exciting opportunity to join our Investment Management Division! Whilst the title is Manager of Trading, there will be significant risk responsibilities associated with the role.
In pursuit of patient care and scientific research, our team manages long-term investment assets in excess of $6 billion in a global, multi-asset class, manager-driven portfolio based upon public equity, hedge fund, fixed income, real asset, venture, and private equity funds.
You will fully support the Manager of Trading and Risk to help execute our intermittent yet highly sensitive direct trading activities, analyze trading activities at our hedge fund managers, and support risk evaluation across all of our investment pools. You will be part of an innovative, collaborative, and interdependent team pursuing investment excellence across all investment pools for MSK.
You will contribute meaningfully to Investment Management Division goals and objectives by
Executing trades to help transform the risk of the portfolio and to facilitate direct investments in securities and derivatives in parallel and mutual backup with the Manager of Trading and Risk.
Conducting trades throughout the hours that global futures markets are open
Improving our overall investment processes by collaborating with the Manager of Trading and Risk to support the rest of the Investment Management Division
In conjunction with the Manager of Trading and Risk, improve the Investment Management Divisions understanding of the drivers of performance and risk of our investments
Cultivating an understanding of our current suite of managers by working with the Manager of Trading and Risk and lead coverages
Enhancing the Investment Management Divisions knowledge and practice by cultivating expertise and knowledge within the team on both day-to-day issues via market commentary and broader context by expanding the teams knowledge of market segments
Contextualize portfolio and exposure reporting that brings actionability to interpretation
As a Candidate, You Have
Proven experience in the investment industry, with a strong background in trading, risk management, market analysis, and financial systems
Familiarity with all major types of derivatives, ideally including experience using or supervising the use of derivatives for risk management and return enhancement in an environment with strong internal controls
Insatiable curiosity about markets and asset managers enabling you to effectively plug into a team focusing on a global, multi-asset, manager-driven portfolio
Exceptional quantitative/analytical skills, bringing a high level of determination, creativity, foresight, and pragmatism to the role
Expertise with trading various direct investments and derivatives including single-name equities, futures, options, ETFs, and other areas
Experience with multi-asset class portfolios, and specifically hedge funds
Demonstrated the ability to adapt to, and work through, changing and competing priorities
Proven experience of working to and meeting demanding reporting timelines
Diplomatic communication skills to influence and inform partners
An innate collegiality and willingness to be a resource to others
Well-balanced and in-depth understanding of global financial markets and economies, established credentials for in-depth risk analyses
Solid understanding of capital markets and their impact on the investment climate
Emotional maturity, stress tolerance, self-confidence, and the ability to motivate others
A track record of academic accomplishment
A meticulous attention to detail
Demonstrated the capability of working independently and under pressure
Availability during futures trading hours
As a Person, You Are
Committed to the mission of Memorial Sloan Kettering Cancer Center
Self-motivated, dedicated, and rigorous with a demonstrable drive to achieve targets and objectives a self-starter who is committed to developing self and others
Collaborative and collegial in approach, with the ability to influence others constructively
Someone who operates with discretion and integrity
Able to prioritize what is most important and exhibit excellent organizational skills
Comfortable communicating both verbally and in writing with senior executives
Willing to contribute at any level and at any time.
Competitive compensation packages | Sick Time |Generous Vacation+ 12 holidays to recharge & refuel| Internal Career Mobility & Performance Consulting | Medical, Dental, Vision, FSA & Dependent Care|403b Retirement Savings Plan Match|Tuition Reimbursement |Parental Leave & Adoption Assistance |Commuter Spending Account |Fitness Discounts &Wellness Program | Resource Networks| Life Insurance & Disability |
We believe in communication, openness, and thinking beyond your 8-hour day @ MSK. Its important to us that you have a sense of impact, community, and work/life balance to be and feel your best.
Internal Number: 2021-47705
About Memorial Sloan-Kettering Cancer Center
As one of the world's premier cancer centers, Memorial Sloan-Kettering Cancer Center is committed to exceptional patient care, leading-edge research, and superb educational programs. The close collaboration between our physicians and scientists is one of our unique strengths, enabling us to provide patients with the best care available today as we work to discover more effective strategies to prevent, control, and ultimately cure cancer in the future. Our education programs train future physicians and scientists, and the knowledge and experience they gain at Memorial Sloan-Kettering has an impact on cancer treatment and the biomedical research agenda around the world.