At a Glance
- Tasks: Support trading desks and resolve queries while managing trade processes.
- Company: Join Balyasny Asset Management, a leading global investment firm.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be part of a fast-paced team making impactful decisions in finance.
- Qualifications: 2-3 years in trade support with strong analytical and communication skills.
- Other info: Collaborate globally and drive process improvements in a tech-savvy environment.
The predicted salary is between 36000 - 60000 £ per year.
Balyasny Asset Management (BAM) is a global, multi-strategy investment firm with over $21 billion in assets under management. We are a diversified business, with global breadth and depth. Our firm has a clear mission: To consistently deliver uncorrelated returns in all market environments. Today, BAM employs more than 160 portfolio managers and 1,200 investment professionals across 19 offices in the U.S., Europe, the Middle East, and Asia. We are active across six investing strategies: Equities Long/Short, Equities Arbitrage, Macro, Commodities, Systematic, and Growth Equity. We also have a dedicated private investment team, BAM Elevate, and a standalone equities unit, Corbets Capital. 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
Seniority level Associate
Employment type Full-time
Job function Other
Associate, Middle Office – EMEA Listed & Quant employer: Balyasny Asset Management L.P.
Contact Detail:
Balyasny Asset Management L.P. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Middle Office – EMEA Listed & Quant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in middle office roles. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of equity and equity swaps trade lifecycles. Be ready to discuss how you can contribute to BAM's mission of delivering uncorrelated returns.
✨Tip Number 3
Show off your problem-solving skills! During interviews, share examples of how you've tackled challenges in previous roles. This will demonstrate your analytical mindset and ability to thrive under pressure.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the BAM team.
We think you need these skills to ace Associate, Middle Office – EMEA Listed & Quant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Associate role at BAM. Highlight your trade support experience and any relevant skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're keen on this role and how your analytical skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since you'll be interacting with portfolio managers and traders, it's crucial to demonstrate your communication prowess. Use clear and professional language in your application to reflect your ability to convey ideas effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive – a quality we admire!
How to prepare for a job interview at Balyasny Asset Management L.P.
✨Know Your Trade Lifecycle
Make sure you have a solid understanding of the full equity and equity swaps trade lifecycle. Be prepared to discuss how different corporate actions can impact trades, as this knowledge will be crucial in your role.
✨Showcase Your Analytical Skills
Since the role requires an analytical mindset, come ready with examples of how you've tackled complex problems in previous positions. Highlight any specific instances where your attention to detail made a significant difference.
✨Communicate Clearly Under Pressure
Practice articulating your thoughts clearly, especially when discussing past experiences. You might face questions that require quick thinking, so demonstrating your ability to communicate effectively under pressure will set you apart.
✨Emphasise Teamwork and Independence
Be ready to share examples of how you've successfully worked both as part of a team and independently. This role demands flexibility, so showing that you can thrive in both environments will resonate well with the interviewers.