Job Description
The International Quantitative Equity Trader (Asia and Europe Markets) will be an integral member of the Equity Trading Team at Dodge & Cox. The Equity Trading team is responsible for implementing tactical and investment decisions in markets globally. It is comprised of creative problem solvers who not only execute trades but also work closely with investment committee members, research analysts, portfolio implementation and trade analytics and strategy teams to understand investment objectives to develop strategic approaches to source liquidity.
The International Quantitative Equity Trader will be an integral part of a strong teamwork culture where collaboration and cooperation drive communication and the decision-making process. He or she will primarily trade either Asia or Europe or both market hours which translate to working either 6:00 pm to 2:00am San Francisco time or 12:00am to 7:00am San Francisco time.
Dodge & Cox has a team-based collaborative culture where individuals are empowered to contribute in a meaningful way. The firm attracts candidates with high levels of academic and professional achievement and leadership ability.
This is a 2-to-4-year position with the potential for longer term employment.
Key Responsibilities
Implement investment policy decisions and cash flow trades by leveraging data and quantitative methods
Advocate changes to trading strategies and processes to achieve better trade execution outcomes for clients
Partner with trade strategy team to develop and enhance execution strategies: by customizing broker algorithms and pre- / post- trade analytics to improve trade performance
Collaborate with the trade strategy team to build a quantitative trading framework to identify trade signals using market data. Lead and help equity traders to incorporate the trading signals into their trading workflow.
Develop and execute equity-linked currencies and currency hedging strategies
Develop and manage broker relationships to source liquidity
Communicate market and execution updates verbally and in writing to other traders, research analysts, portfolio managers and policy committee members
Provide equity trading presentations to existing and potential clients and consultants
Collaborate with other traders and the Operations, Legal/Compliance, and IT departments on ad-hoc projects
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Ideal Candidate Profile
Ability and desire to work in a team-oriented environment
Strong analytical, problem-solving and communication skills
Qualifications
1-3 years of full time or internship experience in trading
A strong academic record; MFE/MBA preferred
CFA designation or interest in obtaining the CFA designation
Quantitative trading experience. Solid understanding of trading algorithms and statistical modelling preferred.
Deep knowledge of either Asian or European or both market microstructure and exchange rules and regulations
Advanced working knowledge of MS Excel, PowerPoint. Python or R preferred
Experience analyzing trade executions and performance
Willingness and flexibility to cover different markets and trading hours
Familiarity with modern AI tools and frameworks (e.g., PyTorch, TensorFlow, LLM-based tools) to accelerate research, prototyping, and workflow automation
The salary range for this position is $150,000k - $175,000k.
The listed pay scale denotes only the pay range of the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration. Dodge & Cox encourages applicants to consider the value of the many competitive benefits it offers, including coverage of 100% of all healthcare premiums for employees and their families and fully funding a retirement plan at 25% of the total compensation to the IRS limit. Dodge & Cox also provides additional benefits such as commuter, health & wellness, backup care, matching gift, employee assistance, and life and disability insurance. The listed pay scale reflects the base salary Dodge & Cox reasonably expects to pay for this position and is not a reflection of the highest and lowest base salary of any current Dodge & Cox employee. Actual base salary will be based on factors such as the candidate's prior relevant experience (including within and external to Dodge & Cox, as applicable), education, skills, and knowledge.
The job description above is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.
It is the Company’s policy to provide equal opportunity to all persons without regard to race, color, religion, sex, pregnancy, marital or domestic partner status, sexual orientation, gender identity or expression, age, ancestry, national origin, disability, or medical condition, as defined in state and federal laws. This policy covers all aspects of employment including, but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination. By applying for a position with Dodge & Cox, you acknowledge that you have read our
EEO Policy
All Dodge & Cox employees must adhere to the Firm’s security policies and Code of Ethics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Job Tags
Full time, Internship