At a Glance
- Tasks: Support macro investment teams with trade booking, analysis, and reporting in a fast-paced environment.
- Company: Join a dynamic macro Hedge Fund focused on innovative trading strategies and growth.
- Benefits: Enjoy competitive pay, potential for remote work, and opportunities for professional development.
- Why this job: Gain hands-on experience in trading while working closely with industry experts in a collaborative culture.
- Qualifications: Rates knowledge is essential; previous TA or Middle Office experience in hedge funds or tier 1 banking preferred.
- Other info: This role offers a unique entry point into the trading world with future growth opportunities.
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 in rates trading and macroeconomic indicators. This knowledge will not only help you understand the market better but also impress the hiring managers during any discussions.
✨Tip Number 2
Network with professionals in the hedge fund industry, especially those working in rates trading. Attend relevant events or join online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Stay updated on the performance of various hedge funds and their trading strategies. Being able to discuss specific funds and their approaches can demonstrate your genuine interest and understanding of the industry.
✨Tip Number 4
Prepare for potential interviews by practising common questions related to rates trading and macroeconomic analysis. Being articulate about your thoughts on current market conditions can set you apart from other candidates.
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, macro investment, and any previous roles in hedge funds or tier 1 banking. Use specific examples to demonstrate your skills in 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 and how your background aligns with the job description. Mention your understanding of T0 trading environments and your ability to support PMs and traders effectively.
Showcase Relevant Skills: Emphasise your analytical skills and familiarity with P&L analysis, FX exposure, and risk management. Highlight any experience you have with market commentary and how it can benefit the investment team.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a high-volume trading environment.
How to prepare for a job interview at Attribution Search
✨Know Your Rates
Make sure you have a solid understanding of rates trading and the current market conditions. Brush up on key concepts and recent trends, as this will show your enthusiasm and knowledge during the interview.
✨Demonstrate Analytical Skills
Be prepared to discuss how you monitor and analyse trading positions and P&L. You might be asked to provide examples of how you've handled data in previous roles, so think of specific instances where your analytical skills made a difference.
✨Familiarise Yourself with Trade Operations
Since the role involves trade booking and allocation, it’s crucial to understand these processes. Be ready to explain your experience with trade operations and how you ensure accuracy and efficiency in a high-volume environment.
✨Show Your Team Spirit
This position requires close collaboration with PMs and the investment team. Highlight your teamwork experiences and how you’ve successfully worked with others to achieve common goals, especially in fast-paced settings.