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- Tasks: Support macro investment teams with trade booking, analysis, and daily reporting.
- Company: Join a dynamic macro Hedge Fund focused on high-performance trading.
- Benefits: Enjoy a fast-paced environment with opportunities for growth and learning.
- Why this job: Be part of a collaborative team that values ambition and offers exposure to trading strategies.
- Qualifications: Rates knowledge is essential; experience in TA or Middle Office roles is preferred.
- Other info: This role is ideal for those looking to kickstart their finance career in a hedge fund.
The predicted salary is between 36000 - 60000 £ per year.
Attribution Search is targeting a high performing Rates Trading Assistant (TA) for a growing macro Hedge Fund. The role engages closely with PMs and the Investment Team, working in a high volume T0 trading environment - all t+1 operations are outsourced to a third party vendor.
Key duties will include but are not limited to:
- Supporting macro investment teams
- On Desk PM and Trader advisory
- Trade booking and allocation
- Monitoring and analysing live trading positions and P&L
- Daily trade reporting
- FX exposure and risk
- Market commentary
The fund is open to TA and Middle Office experience from all hedge fund backgrounds and tier 1 banking. Rates knowledge is a prerequisite. Desires for execution trading or pre-trade market analysis down the track is not a blocker for the hiring manager, yet the most ambitious of candidates should understand this is a TA role (no execution) in the initial period.
Rates Trading Assistant - Hedge Fund employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rates Trading Assistant - Hedge Fund
✨Tip Number 1
Familiarise yourself with the latest trends and developments in rates trading. Understanding current market conditions and how they affect trading strategies will help you engage more effectively with the PMs and Investment Team during interviews.
✨Tip Number 2
Network with professionals in the hedge fund industry, especially those who have experience in rates trading. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Brush up on your analytical skills, particularly in monitoring and analysing live trading positions and P&L. Being able to demonstrate your ability to interpret data and provide market commentary will set you apart from other candidates.
✨Tip Number 4
Show your enthusiasm for the role by preparing thoughtful questions about the firm's trading strategies and operations. This not only demonstrates your interest but also your proactive approach to understanding the business.
We think you need these skills to ace Rates Trading Assistant - Hedge Fund
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in rates trading and macro investment. Emphasise any previous roles in hedge funds or tier 1 banking, focusing on your responsibilities related to trade booking, monitoring positions, and daily reporting.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Rates Trading Assistant role. Mention your understanding of the high-volume trading environment and how your skills align with the needs of the investment team. Be specific about your knowledge of rates and any relevant experiences.
Showcase Analytical Skills: Highlight your analytical abilities in both your CV and cover letter. Discuss any experience you have with monitoring live trading positions, analysing P&L, and providing market commentary. Use concrete examples to demonstrate your skills.
Proofread Your Application: Before submitting your application, carefully proofread all documents. Ensure there are no spelling or grammatical errors, and that your information is clear and concise. A polished application reflects your attention to detail, which is crucial in a trading environment.
How to prepare for a job interview at Attribution Search
✨Show Your Rates Knowledge
Make sure to brush up on your understanding of rates trading. Be prepared to discuss recent market trends and how they might impact trading strategies. This will demonstrate your expertise and enthusiasm for the role.
✨Understand the Role's Dynamics
Familiarise yourself with the responsibilities of a Rates Trading Assistant, especially in a T0 trading environment. Highlight your ability to support PMs and traders effectively, as well as your experience with trade booking and allocation.
✨Prepare for Technical Questions
Expect questions related to trade reporting, P&L analysis, and FX exposure. Brush up on relevant metrics and be ready to explain how you would monitor and analyse live trading positions.
✨Demonstrate Team Collaboration Skills
Since the role involves working closely with investment teams, be prepared to discuss examples of how you've successfully collaborated in previous roles. Emphasise your communication skills and ability to work under pressure.
