Associate, Middle Office – EMEA Equity

Associate, Middle Office – EMEA Equity

Full-Time 50000 - 70000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Support global trading desks and resolve queries in a fast-paced environment.
  • Company: Balyasny Asset Management, a leading institutional investment firm.
  • Benefits: Dynamic work culture, professional growth opportunities, and a supportive team.
  • Other info: Opportunity to work with cutting-edge technology and improve operational processes.
  • Why this job: Join a top-tier firm and make an impact in the finance world.
  • Qualifications: 2-3 years in trade support, strong analytical skills, and a positive attitude.

The predicted salary is between 50000 - 70000 £ per year.

Balyasny Asset Management L.P. (BAM) founded in 2001, is an institutional investment firm dedicated to delivering consistent, uncorrelated absolute returns in all market environments. BAM has offices in Chicago, New York, Greenwich, San Francisco, Hong Kong and London. At BAM, we are our talent. We are a growing firm that offers a multitude of professional opportunities. Through BAM’s selective hiring process, we target the best and brightest in the business, and strive to create an environment which attracts and retains top talent. Maintaining a culture where people are energized to come to work is paramount to our success. Our team is motivated to perform each and every day. As a result, BAM has built a reputation as a firm that provides the tools necessary for talented individuals to achieve their goals and reach their highest potential.

Operations at BAM is a global team, with team members spread around the world. This role will sit within the EU Listed Middle office team based in London.

Candidate profile:

  • Analytical, diligent and detail-oriented Operations professional
  • Thrives in a fast-paced environment
  • Keen to learn and develop
  • Positive “can do” attitude
  • Effective team-player that can also work independently, able to analyse problems and find solutions
  • Confident in front of portfolio managers, traders, and other internal teams; able to communicate ideas clearly even while under pressure
  • Excellent communication and time management skills
  • Ability to multi-task and prioritise the most urgent issues
  • Able to challenge established processes and suggest new ways of working
  • 2-3 years of trade support / middle office experience at a hedge fund or a bank
  • Understanding of the full equity and equity swaps trade lifecycle
  • Understanding of all major mandatory and voluntary corporate action types
  • Asset class knowledge of Equities, Equity swaps, Options and Futures
  • Keen to take part in project work alongside BAU and help integrate new technology as it becomes available
  • Experience with CTM, Harmony (Traiana) and Bloomberg would be a plus

Responsibilities:

  • Work closely with the global trading desks and portfolio managers across various Equity strategies – first point of contact for resolution of queries
  • Resolve issues by applying deep understanding of the firm’s trade capture systems, trade management processes, and available reporting tools
  • Perform daily cash, position and trade break reconciliations with brokers, prime brokers and other third parties
  • Monitor P&L and position exposure and provide resolutions to any requests from internal stakeholders
  • Understand the front-to-back operational processes and be able to identify and drive process improvement opportunities to eliminate errors and save time spent on manual tasks
  • Maintain relationships with executing brokers, prime brokers, fund admins and other counterparties

Associate, Middle Office – EMEA Equity employer: Balyasny Asset Management L.P.

Balyasny Asset Management L.P. (BAM) is an exceptional employer that prioritises the growth and development of its employees within a dynamic and collaborative work culture. Located in London, BAM offers a unique opportunity to work alongside top-tier professionals in the finance industry, providing access to cutting-edge tools and resources that empower individuals to excel in their careers. With a strong emphasis on maintaining a motivated team environment, BAM fosters a culture where innovative ideas are welcomed, ensuring that every employee can contribute meaningfully to the firm's success.

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Contact Details:

Balyasny Asset Management L.P. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate, Middle Office – EMEA Equity

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Balyasny Asset Management L.P.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Associate, Middle Office – EMEA Equity

Analytical Skills
Attention to Detail
Trade Support Experience
Understanding of Equity and Equity Swaps Trade Lifecycle
Knowledge of Corporate Action Types
Asset Class Knowledge (Equities, Equity Swaps, Options, Futures)
Communication Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Balyasny Asset Management L.P..

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Balyasny Asset Management L.P.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Balyasny Asset Management L.P.

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Balyasny Asset Management L.P..

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Balyasny Asset Management L.P. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Balyasny Asset Management L.P. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.