At a Glance
- Tasks: Join us as a Trading Assistant, ensuring smooth trade execution and management.
- Company: OCR partners with a leading macro hedge fund focused on fixed income products.
- Benefits: Enjoy competitive salary, bonuses, and opportunities for career growth.
- Why this job: Be part of impactful projects in a collaborative environment with strong internal promotion culture.
- Qualifications: 2+ years in Operations or Trading Support; strong academic background and Excel skills required.
- Other info: Exposure to Python is a plus; work with a dynamic team in the finance sector.
The predicted salary is between 60000 - 75000 £ per year.
OCR is partnering with a leading macro focussed hedge fund, which is looking to hire a Trading Assistant who will be instrumental in ensuring smooth trade execution, management, and reconciliation across a variety of fixed income products.
The ideal candidate will have a strong grasp of fixed income markets, excellent attention to detail, and a forward-thinking mindset. In addition to handling daily operational tasks, this role offers the opportunity to contribute to impactful, long-term strategic projects.
The Trading Assistant will collaborate closely with both the Operations team (a separate team) and the trading and execution teams, fostering a highly integrated working environment. This firm has a strong history of internal promotions, offering ample opportunities for growth and career advancement over the medium to long term.
Responsibilities include:
- Serve as a central communication hub, ensuring seamless coordination between traders, risk managers, and operations to align strategies and execution.
- Accurately input trades into portfolio and order management systems (OMS/PMS) while ensuring timely updates to downstream systems.
- Assist traders with ad-hoc calculations, including DV01, spread tightening/widening scenarios, and hedge ratios.
- Facilitate the efficient execution of trades across fixed income securities, including bonds, interest rate swaps, repo, and futures, with a particular emphasis on relative value strategies.
Qualifications/Skills Required:
- Minimum 2 year’s experience in either buy or sell side Operations, Trade Support or Trading Assistant function.
- Strong academic background
- Working knowledge of fixed income products
- Exceptional attention to detail
- Advanced Excel skills, exposure to Python is also advantageous
Base salary range: £60,000 – £75,000
Bonus: Competitive with industry average
OCR Alpha | Trading Assistant - Macro Hedge Fund employer: OCR Alpha
Contact Detail:
OCR Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land OCR Alpha | Trading Assistant - Macro Hedge Fund
✨Tip Number 1
Familiarize yourself with fixed income products and their market dynamics. Understanding the nuances of bonds, interest rate swaps, and other securities will not only boost your confidence but also demonstrate your commitment to the role.
✨Tip Number 2
Enhance your Excel skills by practicing advanced functions and data analysis techniques. Being proficient in Excel is crucial for this position, and showcasing your ability to handle complex calculations will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the trading and operations space. Engaging with industry contacts can provide valuable insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 4
Stay updated on macroeconomic trends and their impact on fixed income markets. Demonstrating a forward-thinking mindset and an understanding of how external factors influence trading strategies will impress potential employers.
We think you need these skills to ace OCR Alpha | Trading Assistant - Macro Hedge Fund
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly understand the responsibilities and qualifications required for the Trading Assistant position. Highlight your relevant experience in fixed income markets and operational tasks in your application.
Tailor Your CV: Customize your CV to emphasize your experience in trade support or trading assistant roles. Include specific examples of how you've contributed to trade execution and management, showcasing your attention to detail and analytical skills.
Craft a Compelling Cover Letter: Write a cover letter that reflects your enthusiasm for the role and the company. Discuss your understanding of fixed income products and how your skills align with the firm's focus on relative value strategies.
Highlight Technical Skills: Since advanced Excel skills and exposure to Python are advantageous, make sure to mention these in your application. Provide examples of how you've used these tools in previous roles to enhance your candidacy.
How to prepare for a job interview at OCR Alpha
✨Show Your Knowledge of Fixed Income Markets
Make sure to demonstrate your understanding of fixed income products during the interview. Be prepared to discuss recent trends, key players, and how different instruments work together in a macro context.
✨Highlight Your Attention to Detail
Since this role requires exceptional attention to detail, share specific examples from your past experiences where your meticulousness led to successful outcomes. This could include error-free trade executions or accurate data management.
✨Prepare for Technical Questions
Expect technical questions related to trade execution and calculations like DV01 or hedge ratios. Brush up on these concepts and be ready to explain them clearly, showcasing your analytical skills.
✨Emphasize Collaboration Skills
This position involves working closely with various teams. Share examples of how you've successfully collaborated in previous roles, highlighting your communication skills and ability to align strategies across departments.