At a Glance
- Tasks: Execute trades across various asset classes and support multiple portfolio management teams.
- Company: Join a leading multi-manager hedge fund with a dynamic and collaborative culture.
- Benefits: Gain exposure to diverse strategies and enjoy a flat, transparent work environment.
- Other info: Fast-paced environment with opportunities for professional growth and development.
- Why this job: Make a real impact in trading outcomes while working with top talent in finance.
- Qualifications: 5+ years of trading experience and deep knowledge of macro asset classes required.
The predicted salary is between 80000 - 100000 £ per year.
Join a world-class macro business at a leading multi-manager, multi-strategy hedge fund. We provide a dynamic, collaborative environment for top talent seeking impact, innovation, and growth. Our teams span a global footprint, using cutting-edge technology and advanced trading strategies to deliver superior performance.
The Macro Execution Trader will execute trades across a wide range of asset classes—including bonds, interest rate swaps, currencies, commodities, equities and credit indexes through both linear and non-linear structures—for 40+ distinct Portfolio Management (PM) teams. The role requires exceptional cross-asset knowledge, fast and accurate execution under pressure, and the ability to perform in a high-volume, multi-strategy framework.
Key Responsibilities- Execute orders across global macro markets with precision and minimal market impact.
- Serve as the execution partner to 40+ macro PM teams, ensuring timely, discrete, and efficient trade flow.
- Monitor markets, react to liquidity and news, and opportunistically source liquidity to support PM trading objectives.
- Work closely with portfolio managers, the central macro management team, risk, operations and technology to continuously optimize trading processes, platforms and workflow.
- Provide real-time feedback and market colour to internal stakeholders; leverage relationships with sell-side counterparties, brokers, and venues.
- Ensure rigorous trade compliance, order management, and risk controls at all times.
- Contribute to post-trade analytics and trade cost reviews to improve execution quality.
- 5+ years’ experience as an execution trader or assistant trader at an institutional asset manager, hedge fund, or investment bank.
- Deep knowledge of major macro asset classes: fixed income, FX, futures, interest rate derivatives, equities, commodities and options on all asset classes.
- Demonstrated ability to trade liquid and less liquid instruments; strong working knowledge of electronic and voice execution tools.
- Experience with derivatives pricing, market microstructure, and volatility/arbitrage strategies is highly desirable.
- Excellent communication and relationship management skills; experience working directly with portfolio managers.
- High level of integrity, attention to detail, and comfort working in fast-paced, high-pressure settings.
- Familiarity with order management and execution management systems (OMS/EMS) and trading algorithms.
- The ability to work with multiple businesses within an organization to help improve/build these tools in-house.
- Strong academic background in finance, economics, math, or related field; advanced degree or certifications (CFA, CQF, FRM) a plus.
- Exposure to a diverse, high-caliber group of strategies and market participants.
- Flat, transparent culture with the opportunity to meaningfully impact trading outcomes.
Macro Execution Trader in London employer: Balyasny Asset Management L.P.
Balyasny Asset Management L.P. is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a culture that prioritises professional growth, with ample opportunities for development through mentorship and cross-functional projects. The firm’s commitment to understanding geopolitical dynamics ensures that team members are at the forefront of impactful investment strategies, making their work both meaningful and rewarding.
Contact Details:
Balyasny Asset Management L.P. Recruitment Team
