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 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
StudySmarter Expert Advice🤫
We think this is how you could land Macro Execution Trader
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We think you need these skills to ace Macro Execution Trader
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..
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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..
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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.
