About the Role
We are seeking a Fixed Income Execution Trader to join our Central Execution Trading Desk in New York. This role supports the firm's growing non-equity businesses, executing trades across fixed income and macro strategies, primarily in linear products like rates, government bonds, futures, and swaps. The ideal candidate combines deep product knowledge with a builder's mentality, is comfortable covering Asia and European hours when needed, and is motivated by growing alongside the business.
Responsibilities
- Execute trades across linear fixed income products, including government bonds, futures, and swaps, ensuring accurate and timely execution aligned with Portfolio Manager strategy and risk parameters.
- Develop execution capabilities in non-linear products such as swaptions over time.
- Build and maintain strong relationships with Portfolio Managers, understanding their investment objectives and providing market color, liquidity insights, and execution feedback.
- Establish and foster strong connections with sell-side counterparties to source liquidity and market intelligence.
- Partner with risk, operations, compliance, and technology teams to reduce operational risk and improve trading workflows.
- Stay informed about market developments and regulatory changes impacting trading.
Requirements
- 5+ years of execution trading experience required.
- Buy-side institution (asset management or hedge fund) experience is a plus.
- Strong experience across linear fixed income products; rates, bond basis, and swaps required.
- Non-linear experience (swaptions) is a plus.
- FX and EM experience is a plus.
- Willingness to trade equities when required.
- Deep understanding of market structure, liquidity dynamics, and execution mechanics.
- Comfortable working on a small central team with a start-up mentality.
- Excellent communication skills with the ability to convey market information clearly to portfolio managers and internal stakeholders.
- Comfortable with the structure and economics of a central seat, with motivation tied to the growth of the platform.
- New York-based.
Skills
- Fixed income execution trading
- Linear fixed income products (rates, government bonds, futures, swaps)
- Non-linear products (swaptions)
- FX/commodities execution
- Equities execution
- Market structure
- Liquidity dynamics
- Execution mechanics
- Relationship management
- Communication
- Python (preferred)
- SQL (preferred)
- AI tools (preferred)
Location
- New York, NY
Work Type
- Full-time
- Onsite
Experience Level
- 5+ years of execution trading experience
Salary/Compensations
- $200,000 base salary plus competitive bonus
Benefits
- Comprehensive benefits package
About the Company
- Walleye Capital is a ~$17 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices.
- Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Fundamental Equities, Quant, and Volatility strategies.
- Our approach is to allocate risk capital where we believe there is not only a compelling opportunity, but also a clear ability to define our tangible edge.
- We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure, technology, and our balance sheet to do so in a structurally advantageous way.
- Our platform, developed over two decades, is central to our operations, evolving alongside business complexities and technological advancements to support our team's success.
- Our people are our greatest asset, and we've cultivated an environment that attracts top talent by balancing autonomy with collaboration, and intelligence with integrity.
Equal Opportunity
- Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
- If you require a reasonable accommodation to participate in any part of our hiring process, please contact hr@walleyecapital.com
- Personal data you provide will be processed in accordance with Walleye Capital LLC's Privacy Notice available at: https://www.walleyecapital.com/
