Execution Trader, Factor & Portfolio Risk

New York, NY, Midtown East, Fully Onsite

⏱ Full-Time

✉ jobs@intervalpartners.com

ABOUT THE ROLE

Interval Partners is a multi-billion-dollar alternative investment firm located in midtown Manhattan. We are seeking a high-caliber execution trader with factor research & portfolio risk experience to join our trading team. This is a hands-on, dual-function role: you will actively trade alongside the team while contributing to factor research, signal development, and systematic portfolio risk management. The ideal candidate is intellectually rigorous, comfortable in live markets, and capable of moving fluidly between model-building and execution.

KEY RESPONSIBILITIES

Trading & Execution

· Execute equity trades across multiple sectors with efficiency and sound judgment

· Monitor intraday market dynamics, order flow, and liquidity conditions

· Monitor position sizing, entry/exit timing, and trade-level risk in real time

· Collaborate with the team on opportunistic and tactical trade ideas

Factor Research & Alpha Generation

· Research, develop, and refine systematic alpha factors — momentum, mean reversion, carry, volatility, and others

· Become the Arcana software specialist and assist with future data architecture with potential data lake trading / risk buildout.

· Build and maintain back-testing infrastructure to validate signal quality and evaluate factor decay

· Develop expertise in factor crowding analysis on both the long and short side — identifying crowded positioning, measuring crowding risk, and sizing accordingly to avoid unwind exposure

· Construct momentum setups across timeframes — identifying entry conditions, signal strength, and regime filters that define when momentum is reliable versus at risk of reversal

· Translate market intuition into testable, repeatable models

Portfolio Risk & Monitoring

· Support construction and maintenance of systematic portfolios using optimization techniques (mean-variance, risk parity, etc.)

· Monitor correlation, concentration, and exposure across positions and factors

· Distribute morning portfolio risk grids and responds to portfolio manager questions

· Apply and track portfolio constraints including sector limits, liquidity filters, and turnover targets

· Produce regular portfolio attribution and factor performance reporting for senior review

QUALIFICATIONS

Required

· 3–5 years of experience in a quantitative trading, systematic investment, or closely related role

· Demonstrated ability to back-test and evaluate portfolio strategies

· Solid understanding of factor-based investing, portfolio optimization, and market microstructure

· Hands-on experience with back-testing frameworks and quantitative research workflows

· Strong quantitative background — statistics, probability, linear algebra, stochastic processes

· Ability to work independently and take ownership of outcomes in a lean, fast-moving environment

Preferred

· Experience at a hedge fund, proprietary trading firm, sell-side/broker dealer, or systematic asset manager

· Hands-on experience with Arcana systems and EZE OMS order routing workflows

· Familiarity with Wolfe models and their application in identifying price targets and reversal setups

· Familiarity with execution algorithms, TCA, and order management systems

· Exposure to alternative data sources and their integration into systematic signals

This is a fully onsite 5 days a week role based in our Midtown office. Benefits: Full medical & vision, 401k. Salary range is 130k-155k.

Pay: $130,000.00 - $155,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Application Question(s):

• Will you now, or at any time in the future, require sponsorship for employment visa status (e.g. H-1B, F1-OTP, or other visa status)?

Education:

• Bachelor's (Required)

Experience:

• Execution Trading: 2 years (Required)

Ability to Commute:

• New York, NY 10022 (Required)

Work Location: In person