Assistant Trader

Assistant Trader

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support traders with trade booking, risk management, and automation tasks.
  • Company: Join a dynamic trading firm known for innovation and excellence.
  • Benefits: Enjoy competitive pay, coding course access, and skill development opportunities.
  • Why this job: Gain hands-on experience in trading while enhancing your SQL and Python skills.
  • Qualifications: Ideal candidates have 2-6 years in trade support or assistant roles.
  • Other info: Strong performers can earn up to £150k in their first year.

The predicted salary is between 36000 - 60000 £ per year.

This new team member will work directly alongside the traders, supporting a range of ad-hoc tasks, as well as covering trade booking, risk and PnL management, FX rolls, and various automation initiatives. The role offers an excellent opportunity to develop SQL and Python skills by working closely with the tech team, as well as having access to external coding courses.

The ideal candidate will have 2–6 years of experience in a middle office / trade support / trader assistant role, from either the buy-side or sell-side.

Our client offers a highly competitive compensation package, with strong performers typically earning up to £150k total compensation in their first year.

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Contact Detail:

Mondrian Alpha Recruitment Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Trader

✨Tip Number 1

Familiarise yourself with the trading environment and the specific tasks involved in trade support. Understanding the nuances of trade booking, risk management, and PnL will give you a solid foundation to discuss during interviews.

✨Tip Number 2

Brush up on your SQL and Python skills before applying. Since the role offers opportunities to develop these skills, showcasing any prior experience or projects related to coding can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the trading industry, especially those who have experience in middle office roles. Engaging with them can provide insights into the role and may even lead to referrals.

✨Tip Number 4

Stay updated on market trends and current events in finance. Being knowledgeable about the latest developments can help you demonstrate your passion for the industry during interviews.

We think you need these skills to ace Assistant Trader

SQL
Python
Trade Booking
Risk Management
Profit and Loss (PnL) Management
Foreign Exchange (FX) Knowledge
Automation Skills
Attention to Detail
Analytical Skills
Communication Skills
Team Collaboration
Problem-Solving Skills
Middle Office Experience
Trade Support Experience

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in middle office, trade support, or as a trader assistant. Emphasise any specific skills related to trade booking, risk management, and PnL management.

Showcase Technical Skills: Since the role involves developing SQL and Python skills, include any relevant programming experience or projects in your application. Mention any coding courses you've completed or are currently undertaking.

Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Assistant Trader position and how your background aligns with the responsibilities outlined in the job description. Highlight your ability to work collaboratively with traders and tech teams.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial in trading roles.

How to prepare for a job interview at Mondrian Alpha Recruitment Solutions

✨Showcase Your Technical Skills

Since the role involves working closely with SQL and Python, be prepared to discuss your experience with these technologies. Highlight any relevant projects or courses you've completed that demonstrate your proficiency.

✨Understand Trade Support Functions

Familiarise yourself with the key responsibilities of a trader assistant, such as trade booking and risk management. Be ready to explain how your previous experience aligns with these tasks and how you can add value to the team.

✨Demonstrate Problem-Solving Abilities

The role will involve ad-hoc tasks and automation initiatives, so be prepared to discuss examples of how you've tackled challenges in past roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Ask Insightful Questions

Prepare thoughtful questions about the team's dynamics, the company's approach to technology, and opportunities for professional development. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

Assistant Trader
Mondrian Alpha Recruitment Solutions
Location: London
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