Equity Trader Trainee
START: February 2018
OPENINGS: 8 - 10
LOCATIONS: UNION SQUARE, NYC
HOURS: MARKET HOURS+ (8:30AM – 5:00PM)
The goal of the program is to give trainees the necessary tools to successfully trade in this fast paced, dynamic market environment. New traders will be trained under the supervision and instruction of experienced traders. The training starts in the classroom and trainees who demonstrate an understanding of basic concepts will quickly progress to trading live on our trading floor.
The duration of the program is four months and it is unpaid. After completion, trainees will be evaluated, and those demonstrating high potential of success may be hired as traders and will be paid a $2,000 / month salary plus a bonus based on a percentage of trading profits. Chimera provides the training at no cost to trainees, providing them with an excellent opportunity to learn to trade without risking their own capital.
Trainees are sponsored by Chimera for the FINRA Series 57 license and will be required to take and pass the exam prior to the start date of the training program. Chimera will only sponsor trainees for one exam. Passing the exam is required in order to participate in the training program.
Chimera Securities offers a highly competitive pay-out structure. This is an entrepreneurial, high-energy environment with plenty of personal, one-on-one attention.
Bachelors degree required!
Applicants must hold a Bachelors degree from a top-tier institution. 3.0+ GPA preferred. We are looking for hard-working, self-motivated and outgoing individuals with strong quantitative and analytical skills. Traders must be able to work well individually and as part of a team. This is a fast-paced and challenging environment that requires the ability to focus and maintain composure under intense pressure. No previous trading experience is necessary.