Event Driven Strategies

About Clear Street:

Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. 

We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Our platform is fully integrated with central clearing houses and exchanges to support billions in trading volume per day. We’ve agonized about our data model abstractions, created horizontal scalability, and crafted thoughtful APIs. All so we can provide a best-in-class experience for our clients. 

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

The Role:

We are looking to hire a trader for our US Event Driven Strategies business. This will be an opportunity for a highly motivated individual that has a genuine interest in event driven investing. You will be required to execute multiple client single stock orders and multi-leg (including with currency or derivative hedge) spread orders.  You will be based in New York and work within a holistic global event driven business and in addition gain an understanding of international equity markets within a flat team structure. You will have the opportunity to interact closely with other key business lines within Clear Street namely operations, securities finance, derivatives, SWAPs, and prime brokerage. 

The Team:

Clear Street’s mission is to become a single-source platform that serves a variety of investor types across multiple asset classes on a global scale. The Clear Street U.K. team is bringing Clear Street’s established equities, options, and fixed-income prime brokerage business to a new market.

You will work in the Event Driven Strategies division which is a global holistic team with specific experiences in this niche asset class ranging from 8 to 25+ years. 

Responsibilities:

The responsibilities of this role are as follows:

• Work alongside the Global Head of Event Driven Strategies and broader team to provide agency best execution for clients in merger arbitrage, holding company, index rebalances and spin offs.
• Work alongside the Global Head of Event Driven Strategies and broader team to develop our internal tech processes to both enable efficient scaling of our business and help enable cross-selling synergy we develop with other areas of Clear Street.
• Maintain awareness of all regulatory, economic, and financial data and other important factors (e.g. macroeconomic) likely to affect the client base and products being marketed.

Skills required:

• Knowledge and experience, minimum 2 years, in executing cash equity agency orders and preferably in US Event Driven strategies.
• Deep knowledge of US and Canadian market structure and regulations.
• Base knowledge of derivative and bond execution.
• Very Strong IT, OMS, excel skills.  
• Coding skills preferable not essential. 
• Strong interpersonal skills. 
• Confident communicator with the ability to quickly build relationships with external clients and counterparties, and internal stakeholders.
• Thoughtful and analytic approach with attention to detail and a strong work ethic.  Must be a team player.

We Offer:

At Clear Street, we offer competitive compensation packages, company equity, pension, gender neutral parental leave, and full medical and dental insurance. Our belief has always been that we are better as a business when we are all together in person. As such, we are requiring employees to be in the office a minimum of three days per week.

Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.

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