At a Glance
- Tasks: Collaborate with senior traders to evaluate trading opportunities and monitor portfolio performance.
- Company: Global investment management firm with a focus on technology and data-driven strategies.
- Benefits: Competitive salary, mentorship from experienced traders, and global collaboration.
- Other info: Dynamic role with opportunities in various asset classes and excellent career growth.
- Why this job: Kickstart your trading career and learn from the best in a fast-paced environment.
- Qualifications: Recent graduates with a quantitative degree and programming skills, especially in Python.
The predicted salary is between 120000 - 120000 £ per year.
My client is a global investment management firm that utilises a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. They have deep expertise in trading, technology and operations and attribute their success to rigorous scientific research. As a technology and data-driven firm, they design and build their own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms.
With offices around the globe, they emphasise true, global collaboration by aligning their investment, technology, and operations teams functionally around the world. Building on their quantitative research platform and process-driven approach, they also run discretionary strategies to take advantage of opportunities which cannot be traded fully systematically.
They are looking to hire recent graduates to join their Discretionary Trading team. As a Junior Discretionary Trader, you will have the opportunity to work alongside senior discretionary traders, who will provide on the desk training and mentorship. Your goal will be to help maintain target portfolio positions by assisting the senior traders with daily portfolio monitoring, maintenance, and hedging. As a collaborative organisation, the discretionary traders work closely with quantitative researchers to leverage their world-class research platform to improve both discretionary and systematic strategies. You will leverage and develop a broad range of skills including fundamental and macro analysis, research, portfolio construction, risk management and execution. They currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility trading across all asset classes. If you have an interest in trading and would like to learn how to manage your own risk over time, I encourage you to apply.
Responsibilities:
- Collaborate with senior traders and quantitative researchers to structure and evaluate new trading opportunities
- Generate PnL tracking and attribution reports based on trade ideas
- Monitor and analyse portfolio performance to generate risk reports
- Hedge books and allocate hedges appropriately
- Execute large or complex trades which cannot be automated due to complexity or liquidity constraints
Qualifications:
- Recent, or soon to be graduate, with relevant coursework, internship, or other applicable experience or knowledge
- Bachelor's degree in a quantitative or related field such as Mathematics, Statistics, Econometrics, Engineering, Operations Research, Computer Science, Physics, Economics, Finance
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fast-paced environment
- Programming skills essential, with at least one major programming or scripting language, strong preference for Python
Discretionary Trader in London employer: All The Top Bananas
My Four Wheels is an exceptional employer, offering a rewarding career as a Trainee Driving Instructor with flexible working hours and the potential to earn up to £50,000+ annually. With comprehensive training provided through our new Training Academy, employees benefit from ongoing support and resources, ensuring a fulfilling journey towards becoming a qualified instructor while enjoying the satisfaction of teaching locally in Westfield, Surrey.
StudySmarter Expert Advice🤫
We think this is how you could land Discretionary Trader in London
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like All The Top Bananas, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like All The Top Bananas.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like All The Top Bananas.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including All The Top Bananas, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Discretionary Trader in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like All The Top Bananas want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to All The Top Bananas.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at All The Top Bananas will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to All The Top Bananas. Numbers speak louder than words!
How to prepare for a job interview at All The Top Bananas
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like All The Top Bananas want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withAll The Top Bananas.
