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 who work in rates trading. Attend relevant events or webinars to make connections that could lead to valuable insights or referrals.
✨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 role.
✨Tip Number 4
Prepare for potential interviews by practising common questions related to rates trading and macroeconomic analysis. This will help you articulate your thoughts clearly and confidently when discussing your fit for the role.
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 explain how your background aligns with the job requirements. 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 contribute to the investment team's success.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a fast-paced 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 trends. Brush up on key concepts and recent developments in the macroeconomic landscape, as this will show your enthusiasm and preparedness for the role.
✨Demonstrate Analytical Skills
Be ready to discuss how you monitor and analyse trading positions and P&L. Prepare examples from your past experiences where you've successfully used analytical skills to make informed decisions or provide valuable insights.
✨Familiarise Yourself with Trade Operations
Understand the trade booking and allocation process, as well as the importance of T0 trading environments. Being able to articulate your knowledge of these operations will demonstrate your readiness for the fast-paced nature of the role.
✨Prepare for Team Collaboration Questions
Since the role involves working closely with PMs and the investment team, think about your past experiences in collaborative settings. Be prepared to share how you effectively communicate and support team members in achieving common goals.