At a Glance
- Tasks: Support a new investment desk with trade operations and reporting.
- Company: Join a multi-billion hedge fund with a proven track record of success.
- Benefits: Gain visibility in a growing strategy with mentorship and training opportunities.
- Why this job: Be part of an exciting launch while benefiting from a strong company brand and resources.
- Qualifications: 1-2 years in financial services or relevant internships; strong academic background required.
- Other info: Involves automation projects using SQL and Python.
The predicted salary is between 36000 - 60000 £ per year.
Multi Billion Hedge Fund is looking to identify a Junior Trade Assistant for a newly launched strategy. The fund has a long history of success, with double digit returns net of fees since inception. This hire is all about growth and scale and the successful incumbent will take all the benefits of a launch in terms of visibility with the stability of a strong balance sheet, company brand and resource.
Given the resource already in place, the COO is looking for a junior candidate with 1-2 years operations experience, whom they can train, mentor and invest in for the future to become a key contributor to the successful scale of this new business line.
Coverage will include but not limited to:
- Support newly formed investment desk with all T0/T+1 Trade Support.
- Trade booking, P&L and position monitoring.
- T+1 Core Operations – confirmations, settlements and reconciliations.
- Corporate Actions.
- Vendor management/oversight.
- Trade Reporting and Analysis.
- Automation and coding projects – SQL/Python.
Experience Required:
- ~1-2 years Financial Services experience; Investment Bank, Asset Management or Hedge Fund.
- ~ Newly graduated with Industrial Placement or Internship.
- ~ Strong academic background.
- ~ SQL/Python.
Trade Assistant - Hedge Fund employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Assistant - Hedge Fund
✨Tip Number 1
Network with professionals in the hedge fund industry. Attend finance-related events, webinars, or local meetups to connect with people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the specific tools and technologies mentioned in the job description, particularly SQL and Python. Consider taking online courses or working on personal projects that showcase your skills in these areas, as practical knowledge can set you apart.
✨Tip Number 3
Research the hedge fund's recent performance and strategies. Understanding their investment approach and market positioning will allow you to speak knowledgeably during interviews and demonstrate your genuine interest in the role and the firm.
✨Tip Number 4
Prepare for potential technical questions related to trade support and operations. Brush up on your knowledge of trade booking, P&L monitoring, and reconciliations, as well as any relevant regulations that may apply to hedge funds.
We think you need these skills to ace Trade Assistant - Hedge Fund
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Trade Assistant in a hedge fund. Highlight your understanding of T0/T+1 trade support, trade booking, and P&L monitoring in your application.
Tailor Your CV: Make sure your CV reflects relevant experience in financial services, particularly any operations roles. Emphasise your skills in SQL and Python, as well as any internships or placements that relate to the position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the hedge fund industry. Mention how your background aligns with their needs and express your eagerness to learn and grow within the company.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise to make a strong impression.
How to prepare for a job interview at Attribution Search
✨Showcase Your Financial Knowledge
Make sure to brush up on your understanding of financial markets, especially in relation to hedge funds. Be prepared to discuss concepts like trade support, P&L monitoring, and corporate actions, as these are crucial for the role.
✨Demonstrate Technical Skills
Since the role involves automation and coding projects, be ready to talk about your experience with SQL and Python. If you have any relevant projects or coursework, mention them to show your practical knowledge.
✨Highlight Your Operations Experience
With 1-2 years of operations experience being a requirement, think of specific examples from your past roles or internships where you contributed to trade support, confirmations, or reconciliations. This will help illustrate your capability to handle the responsibilities of the position.
✨Express Your Willingness to Learn
The company is looking for someone they can train and mentor, so emphasise your eagerness to grow within the role. Share instances where you've successfully adapted to new challenges or learned new skills quickly.