Associate, Trading Assistant

Associate, Trading Assistant

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support portfolio managers and traders in capturing trades and monitoring financial products.
  • Company: Balyasny Asset Management is a leading global investment firm managing over $21 billion in assets.
  • Benefits: Enjoy a dynamic work environment with opportunities for technology enhancements and professional growth.
  • Why this job: Join a collaborative team at the forefront of financial markets, making impactful decisions daily.
  • Qualifications: Degree in Business, Mathematics, or Finance; up to 5 years of relevant experience preferred.
  • Other info: Python knowledge is a plus; position based in Greenwich with potential NYC involvement.

The predicted salary is between 43200 - 72000 £ 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.

ROLE OVERVIEW

In the role of an Associate on the Macro & Fixed Income Trading Assistant team, the employee will be responsible for supporting Macro & Fixed Income portfolio managers and traders across a wide range of financial products and associated processes.

  • Trade Capture: The team is responsible for the timely and accurate trade capture for the Macro & Fixed Income business.
  • Positions - PnL - Risk: Understand & monitor for multiple portfolio managers. Address issues real time with portfolio managers and associated support groups. Work alongside the Valuation Team & Data Integrity team to investigate PnL & verify models and securities are set up properly when applicable. Field questions from downstream groups primarily Operations, Back office and PnL Valuation Control.
  • Technology Enhancements: Proactively work with technology, back office, and external vendors to improve the trade capture process and automate where possible to minimize manual efforts and ensure scalability and stability via straight thru processing.
  • Relationships & Communication: The Trading Assistant Team is a central hub of communication. It is vital to build and maintain relationships with Portfolio Managers, Execution Desks and Executing Brokers.

QUALIFICATIONS & REQUIREMENTS

  • Degree in Business, Mathematics, Finance or another relevant technical field.
  • Up to 5 years of relevant work experience in an investment bank, hedge fund.
  • Solid communication, organization, multitasking, and project management skills.
  • Experience with Macro & Credit products preferred.
  • Practical knowledge of global financial markets.
  • Location – Greenwich (Primary) and NYC (Secondary).

OTHER:

  • Python or other programming knowledge a plus.
  • Basic understanding of the term structure of interest rates, curve construction & building a plus.

Associate, Trading Assistant employer: Balyasny Asset Management L.P.

Balyasny Asset Management L.P. is an exceptional employer, offering a dynamic work environment in the heart of Greenwich, where innovation and collaboration thrive. Employees benefit from a culture that prioritises professional growth, with access to diverse investment strategies and cutting-edge technology, ensuring they are well-equipped to excel in their roles. With a commitment to fostering strong relationships and open communication, BAM provides a supportive atmosphere that empowers associates to make meaningful contributions to the firm's success.
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Contact Detail:

Balyasny Asset Management L.P. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate, Trading Assistant

✨Tip Number 1

Familiarise yourself with the specific financial products that Balyasny Asset Management deals with, particularly in Macro & Fixed Income. Understanding these products will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Balyasny Asset Management. Engaging with them on platforms like LinkedIn can provide you with insider knowledge about the company culture and expectations, which can be invaluable during the interview process.

✨Tip Number 3

Brush up on your technical skills, especially if you have experience with Python or other programming languages. Being able to discuss how you can contribute to technology enhancements in trade capture will set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your experience in managing relationships and communication within a trading environment. Highlighting your ability to work collaboratively with portfolio managers and execution desks will show that you understand the importance of teamwork in this role.

We think you need these skills to ace Associate, Trading Assistant

Trade Capture
Understanding of Macro & Fixed Income products
Communication Skills
Organisational Skills
Multitasking
Project Management
Knowledge of Global Financial Markets
Data Analysis
Relationship Management
Problem-Solving Skills
Technical Aptitude
Python or other programming knowledge
Basic understanding of interest rate term structure
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance, trading, or investment management. Emphasise any specific skills related to Macro & Fixed Income products, as well as your ability to communicate effectively with portfolio managers.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of Balyasny Asset Management's mission and how your background aligns with their goals. Be specific about your experience with trade capture and technology enhancements.

Showcase Relevant Skills: Highlight any technical skills you possess, such as programming knowledge in Python or familiarity with financial modelling. This will demonstrate your capability to contribute to technology enhancements within the trading team.

Prepare for Potential Questions: Anticipate questions related to your understanding of global financial markets and your experience with risk management. Be ready to discuss how you would handle real-time issues with portfolio managers and support groups.

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

✨Know Your Financial Products

Familiarise yourself with Macro and Fixed Income products, as well as the specific strategies employed by Balyasny Asset Management. Being able to discuss these topics confidently will demonstrate your understanding of the role and the firm's operations.

✨Showcase Your Technical Skills

If you have experience with Python or other programming languages, be sure to highlight this during the interview. Discuss any relevant projects or tools you've developed that could enhance trade capture processes or improve efficiency.

✨Emphasise Communication and Relationship Building

Since the Trading Assistant role involves significant interaction with portfolio managers and other teams, prepare examples that showcase your communication skills and ability to build relationships. This will illustrate your fit for the collaborative environment at Balyasny.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-time scenarios, especially related to trade capture and PnL monitoring. Practising how you would handle specific situations can help you articulate your thought process clearly during the interview.

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