Trader

Job Title: Trader Reports to (title): Senior Vice President, Head of Equity Trading Job Description: Alger seeks a highly motivated, experienced, and collaborative individual to serve as a Trader. The Trader will be responsible for executing equity trades across Alger portfolios while partnering closely with Portfolio Managers to implement investment decisions efficiently and effectively. The Trader will provide market intelligence, monitor trading activity and liquidity conditions, and contribute to best execution efforts across the firm. The individual will work closely with Portfolio Management, Research, Compliance, Operations, and Technology teams to support portfolio implementation, manage trading-related risks, and enhance trading processes. The Trader will also assist in maintaining broker relationships, evaluating execution quality, and supporting strategic initiatives that contribute to the continued development of Alger's trading platform. Duties & Responsibilities: · Execute equity trades across Alger portfolios in accordance with portfolio objectives, investment guidelines, and best execution principles. · Serve as a key partner to Portfolio Managers, providing expertise on trade implementation, liquidity considerations, market conditions, and execution strategy. · Develop and implement trading strategies designed to minimize market impact, manage transaction costs, and optimize execution outcomes. · Monitor intraday market activity, order flow, liquidity conditions, news, corporate actions, and other market events that may impact portfolio holdings or trading decisions. · Provide real-time market intelligence and actionable insights to Portfolio Managers and investment teams regarding market sentiment, trading dynamics, sector activity, and liquidity trends. · Support portfolio rebalancing, cash management, fund flows, index changes, corporate actions, and other portfolio implementation activities. · Build and maintain relationships with broker-dealers, electronic trading venues, and other market participants to enhance execution capabilities and access to market intelligence. · Evaluate broker performance and contribute to broker review processes, execution analysis, and commission management initiatives. · Review execution quality and transaction cost data to identify opportunities for continuous improvement in trading outcomes and workflows. · Monitor portfolio exposures, cash balances, trading activity, and implementation risks to ensure efficient execution of investment decisions. · Partner closely with Operations, Compliance, Risk, and Technology teams to ensure timely trade processing, issue resolution, and adherence to regulatory and firm requirements. · Ensure all trading activities comply with internal policies, investment guidelines, and applicable regulatory requirements. · Assist in the enhancement of trading workflows, systems, automation, and trading infrastructure to improve…