Execution Trader

Execution Trader Location: Remote Compensation: 3% of Net Carry (Paid from PM pod allocation; tied to execution quality & slippage metrics) About Dark Alpha Capital Dark Alpha Capital is an emerging proprietary trading firm deploying internal capital across systematic, quantitative, and event-driven strategies. Our focus is building a multi-year, independently audited performance record through disciplined execution, robust infrastructure, and measurable alpha generation. Once our methods demonstrate repeatable success, we will raise outside investor capital and transition into a full hedge fund platform. Execution Traders at this stage will help build the execution protocols, routing logic, tools, and best practices that become the long-term foundation of the firm. Role Overview The Execution Trader is responsible for executing orders across global markets with precision, speed, and process discipline. You will work closely with Portfolio Managers, quants, and operations to ensure optimal execution, minimal slippage, and adherence to strategy parameters. This role is ideal for someone with strong market intuition, comfort with fast-moving environments, and the ability to translate strategy requirements into flawless execution. Key Responsibilities • Execute trades across equities, options, futures, FX, crypto, or other markets depending on PM pod strategy. • Monitor markets in real time and adjust execution tactics based on liquidity, volatility, and microstructure. • Minimize slippage through effective routing, order slicing, venue selection, and execution algorithm usage. • Communicate market conditions, order flow insights, and execution impact back to PMs and Analysts. • Maintain real-time blotters, reconciliation logs, fills, and execution reports. • Monitor and escalate any unusual fills, delays, rejections, or venue issues. • Collaborate with operations to resolve settlement issues, breaks, or mismatches. • Contribute to developing internal tools for execution analytics and routing optimization. • Strictly follow risk, compliance, and strategy-specific execution rules. Qualifications • 2+ years of execution trading experience at a hedge fund, prop desk, or high-volume brokerage. • Strong understanding of order types, market microstructure, liquidity, routing, and slippage drivers. • Experience executing across one or more major asset classes (equities, derivatives, futures, FX, etc.). • Comfort with fast-paced environments and high attention to detail. • Ability to communicate clearly with PMs and Analysts during live market conditions. • Familiarity with execution algorithms, smart-order routing, or FIX/API execution tools. • Strong discipline, strong ethics, and full understanding of risk boundaries. Job Type: Full-time Pay: $41,400.00 - $96,600.00 per year Work Location: Remote Apply tot his job