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: Fast-paced role with opportunities for growth and skill development.
- Why this job: Kickstart your trading career and learn from the best in a dynamic environment.
- Qualifications: Recent graduates with a quantitative background 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 analyze 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
Locations
Discretionary Trader in Islington, Norfolk employer: ANSON MCCADE
Anson McCade is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible remote working environment in the UK. With a strong focus on security and digital transformation, employees benefit from comprehensive training programmes and clear pathways for career advancement, all while contributing to impactful projects alongside talented teams and senior stakeholders.
StudySmarter Expert Advice🤫
We think this is how you could land Discretionary Trader in Islington, Norfolk
✨Get Involved in Finance Communities
Join investment and finance forums like CFA Society local chapters or online platforms like Financial Modeling World Championship. These communities are gold mines for networking, and they often have events where you can meet industry professionals who might lead you to that coveted role!
✨Leverage University Career Services
If you're still a student or recently graduated, don’t miss out on your university's career services. They often have partnerships with investment firms and can point you towards entry-level openings or internships—sometimes even exclusive to your uni!
✨Showcase Your Passion for Finance
Start a blog or social media account to discuss market trends or investment strategies. This not only showcases your passion but also makes you more visible to recruiters at firms like ANSON MCCADE. They'll see your commitment and insight, setting you apart from the pack.
✨Utilise Our Job Board
Check out openings directly on our website and apply through us! Tailor your application to highlight your enthusiasm for asset management. We’re all about helping you land that entry-level role in investment—let's ace this together!
We think you need these skills to ace Discretionary Trader in Islington, Norfolk
Some tips for your application 🫡
Show Off Your Analytical Skills:In the world of investment and asset management, we need to see your ability to crunch numbers and analyse data. Don’t just state your qualifications; showcase projects or coursework where you've applied analytical skills, like financial modelling or statistical analysis. If you’ve worked with tools like Excel, mention it—it's a big plus!
Highlight Relevant Coursework or Projects:If you have an academic background in finance, economics, or a related field, make sure to include specific modules or projects that showcase your knowledge. We love seeing how you’ve applied theory to practice, so talk about any case studies or simulations you've participated in during your studies.
Craft a Motivational Cover Letter:As this is an entry-level position, your cover letter should express your eagerness to learn and contribute. Share your passion for investment strategies and how you keep up with market trends. Let us know why you're excited about joining ANSON MCCADE and what you hope to achieve in this role!
Quantify Your Experience:Even if your experience is limited, anything you can quantify makes a difference—it could be a class project with tangible results or any relevant internships. If you’ve interned or worked on relevant projects, highlight your contributions with numbers. For instance, mention how a particular investment strategy improved a hypothetical portfolio’s performance.
How to prepare for a job interview at ANSON MCCADE
✨Mastering Financial Concepts
Brush up on key financial terms and concepts relevant to asset management, like portfolio theory and risk management. We want to be prepared for those technical questions that'll test our understanding of how investments work and how to analyse them effectively.
✨Show Your Analytical Skills
Be ready to demonstrate your analytical capabilities through practical scenarios or case studies. You might be asked to interpret financial data or analyse a given investment strategy, so having examples of your past analysis projects or relevant coursework can really help us stand out.
✨Highlight Your Enthusiasm for Finance
As an entry-level candidate, showing genuine passion for the finance world is crucial. Let’s share stories about our interest in investments and how we've sought to learn more, whether through courses, reading, or personal investments. This can really resonate with interviewers at ANSON MCCADE.
✨Prepare for Cultural Fit Questions
In entry-level interviews, cultural fit is often just as important as skills. Expect questions about how you work in teams or handle challenges. We should think about our teamwork experiences and how they align with the values of ANSON MCCADE—let’s come across as not just a candidate, but as a potential colleague.
