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- Tasks: Execute trades in European Government Bonds and support macro portfolios.
- Company: Global hedge fund with a performance-driven culture and strong risk management.
- Benefits: Performance-linked bonus and clear career progression to Portfolio Manager.
- Why this job: Join a dynamic team and transition from execution to impactful trading roles.
- Qualifications: 3-8+ years in EGB trading, strong execution skills, and market awareness.
- Other info: Direct access to senior PMs and a genuine career track.
The predicted salary is between 43200 - 72000 £ per year.
A global hedge fund with established macro and rates strategies, operating under a strong risk-managed, performance-driven culture. The firm is expanding its European Government Bond (EGB) capability and offers a clear pathway to Portfolio Manager responsibility for high-performing traders.
We are hiring an EGB Execution Trader to support discretionary and systematic rates and macro portfolios. The role is execution-focused at entry, with structured progression toward risk-taking and PM ownership. This is a buy-side seat designed for a trader who wants to move beyond pure execution into P&L responsibility within a hedge-fund environment.
Key Responsibilities- Execute trades across European Government Bonds (core, semi-core, and peripherals), including cash bonds, futures, and swaps.
- Manage broker and dealer relationships; source liquidity efficiently.
- Provide real-time market colour on flows, positioning, and microstructure.
- Work directly with PMs on trade structuring, timing, and sizing.
- Support relative-value, curve, spread, and directional strategies.
- Assist with intraday risk monitoring, P&L tracking, and post-trade review.
- Gradual assumption of risk ownership, subject to performance and discipline.
- Manage defined risk sleeves or sub-books within EGB strategies.
- Generate, pitch, and execute trade ideas with defined stop-losses and limits.
- Progression toward Junior PM / PM status with allocated capital.
- 3–8+ years’ experience in EGB trading or execution, ideally within a hedge fund, bank trading desk, or asset manager.
- Deep understanding of European rates markets, yield curves, and macro drivers.
- Strong execution skill and market awareness in volatile environments.
- Proven risk discipline and ability to operate under tight drawdown controls.
- Excellent communication and teamwork skills.
- Prior exposure to hedge-fund trading frameworks (P&L ownership, stop-losses, VaR, drawdown limits).
- Experience transitioning from execution to risk-taking or junior PM roles.
- Knowledge of basis, spread, and RV trading in EGBs.
- Python or data-analysis skills a plus.
- Performance-linked bonus
- Direct access to senior PMs and decision-makers
- Genuine PM career track, not a dead-end execution role
- Institutional platform with strong infrastructure and risk support
Please email steven@aaaglobal.co.uk if you are interested, with a copy of CV.
Fixed Income Trader employer: AAA Global
Contact Detail:
AAA Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fixed Income Trader
✨Network Like a Pro
Get out there and connect with people in the industry! Attend trading seminars, hedge fund meetups, or even online webinars. The more you engage with professionals, the better your chances of landing that EGB Execution Trader role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your insights on European rates markets and your execution strategies. Let them see your passion and expertise in action – it could make all the difference!
✨Ace the Interview
Prepare for those tricky interview questions by practising your responses. Think about how you’d handle market volatility or discuss your risk management strategies. Confidence is key, so show them you’re ready to take on the challenge of a hedge fund environment!
✨Apply Through Us!
Don’t forget to apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and experience. Plus, we’re always on the lookout for top talent like you to join our team!
We think you need these skills to ace Fixed Income Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Fixed Income Trader role. Highlight your experience in EGB trading and any relevant skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this position. Share your passion for trading and your understanding of European rates markets. Let your personality shine through, so we can get to know you better!
Showcase Your Skills: Don’t forget to highlight your execution skills and market awareness. If you have experience with Python or data analysis, make sure to mention it! We love candidates who can bring extra value to our team.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures it gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at AAA Global
✨Know Your Market
Before the interview, dive deep into the European Government Bond market. Understand the current trends, key players, and macroeconomic factors that influence rates. This knowledge will not only impress your interviewers but also help you engage in meaningful discussions about market strategies.
✨Showcase Your Execution Skills
Be prepared to discuss your past trading experiences, especially focusing on execution. Highlight specific trades you've executed, the rationale behind them, and the outcomes. This will demonstrate your strong execution skills and market awareness, which are crucial for the role.
✨Communicate Clearly
Effective communication is key in a trading environment. Practice articulating your thoughts clearly and concisely. During the interview, ensure you can explain complex trading concepts in simple terms, as this will showcase your teamwork skills and ability to work with PMs.
✨Prepare for Risk Management Questions
Expect questions around risk discipline and management. Be ready to discuss how you've handled drawdown limits and stop-losses in your previous roles. Providing concrete examples will show that you have the necessary experience and mindset to thrive in a performance-driven culture.
