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The Emerald Recruiting Group

Managing Director Equities Algo Execution Trader Lead

The Emerald Recruiting Group, New York

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A leading multi-strategy hedge fund is seeking an Algo Trader – Team Lead to oversee the design, development, and execution of high-performance trading strategies across global markets. This is a front-office leadership role for someone who can blend deep quantitative insight with real-time market intuition—and lead a team that lives at the intersection of data, code, and capital.

You’ll drive the evolution of the firm’s algorithmic trading stack , mentor a group of talented quantitative developers and traders, and collaborate directly with portfolio managers, technologists, and researchers to optimize execution and generate alpha.

What You’ll Do

  • Lead a team responsible for algorithmic strategy development, execution, and optimization across equities.

  • Oversee alpha generation, signal testing, model validation, and live deployment in low- and mid-frequency environments.

  • Collaborate with quant researchers, data engineers, and PMs to design scalable trading models and infrastructure.

  • Manage real-time execution, order routing, and risk controls in live markets.

  • Continuously monitor strategy performance and market conditions, adjusting algorithms to maintain profitability and minimize slippage.

  • Guide the development of execution algorithms (VWAP, POV, implementation shortfall) and backtesting frameworks.

  • Partner with technology teams to improve latency, infrastructure stability, and system monitoring .

  • Ensure rigorous documentation, performance tracking, and post-trade analytics to support data-driven decision-making.

  • Recruit, mentor, and develop junior traders and quantitative developers.

What You Bring

  • 7–12+ years of experience in algorithmic or systematic trading , ideally in a hedge fund, proprietary trading firm, or bank.

  • Proven track record leading or contributing to profitable trading strategies across equities, futures, or FX .

  • Strong programming skills in Python, C++, or Java , with experience in data analysis, optimization, and simulation environments.

  • Deep understanding of market microstructure, execution dynamics, and order management systems .

  • Background in mathematics, computer science, physics, or financial engineering (advanced degree preferred).

  • Leadership experience managing teams of traders, quants, or developers in a performance-driven setting.

  • Ability to balance short-term trading responsiveness with long-term strategic model development.

  • Entrepreneurial mindset—innovative, detail-oriented, and motivated by measurable results.

Why It’s Worth a Conversation

  • Leadership seat within a highly profitable systematic platform with significant P&L potential.

  • Autonomy to shape strategy design, tech stack, and team composition.

  • Direct exposure to PMs, data science, and trading technology in a collaborative, elite environment.

  • Competitive payout model , strong infrastructure support, and global reach.

  • Compensation is for Total Comp

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