Associate, Trading Assistant

Associate, Trading Assistant

London Full-Time 36000 - 60000 Β£ / 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: Join Balyasny Asset Management, a leading global investment firm with $21 billion in assets.
  • Benefits: Enjoy opportunities for remote work, professional growth, and a dynamic team environment.
  • Why this job: Be part of a collaborative culture that values innovation and offers impactful financial experiences.
  • Qualifications: Degree in Business, Finance, or related field; up to 5 years of relevant experience required.
  • Other info: Python knowledge is a plus; gain insights into global financial markets and trading processes.

The predicted salary is between 36000 - 60000 Β£ 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 setup 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

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 LP

Balyasny Asset Management (BAM) is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration among its diverse team of investment professionals. With a strong commitment to employee growth, BAM provides ample opportunities for career advancement and skill development, particularly in the fast-paced world of Macro & Fixed Income trading. Located in a global hub for finance, employees benefit from a vibrant culture that values communication and teamwork, making it an ideal place for those seeking meaningful and rewarding careers in investment management.
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Contact Detail:

Balyasny Asset Management LP 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 and strategies that Balyasny Asset Management focuses on, particularly in Macro & Fixed Income. Understanding these areas will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the investment banking and hedge fund sectors, especially those who have experience in trading assistant roles. Attend industry events or join relevant online forums to connect with individuals who can provide insights and potentially refer you to opportunities at BAM.

✨Tip Number 3

Brush up on your technical skills, particularly in Python or other programming languages, as this could set you apart from other candidates. Consider taking online courses or working on personal projects that showcase your ability to automate processes and improve efficiency in trade capture.

✨Tip Number 4

Prepare to discuss your experience with communication and relationship-building, as these are crucial for the Trading Assistant role. Think of specific examples where you've successfully collaborated with teams or managed stakeholder expectations, and be ready to share these during your interview.

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

Trade Capture
Portfolio Management Support
PnL Monitoring
Risk Assessment
Data Integrity Analysis
Communication Skills
Relationship Management
Project Management
Organisational Skills
Multitasking
Knowledge of Macro & Credit Products
Understanding of Global Financial Markets
Python Programming
Interest Rate Term Structure Knowledge
Curve Construction

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly any roles related to trading or investment management. Emphasise skills that align with the job description, such as communication, organisation, and multitasking.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Balyasny Asset Management. Discuss how your background in business, mathematics, or finance makes you a suitable candidate, and mention any specific experiences with Macro & Credit products.

Showcase Technical Skills: If you have programming knowledge, especially in Python, be sure to include this in your application. Highlight any projects or experiences where you've used technology to improve processes, as this is a key aspect of the role.

Demonstrate Market Knowledge: In your application, illustrate your understanding of global financial markets and the term structure of interest rates. This could be through specific examples from your previous work experience or academic projects that relate to the role.

How to prepare for a job interview at Balyasny Asset Management LP

✨Know Your Financial Products

Make sure you have a solid understanding of Macro and Fixed Income products. Be prepared to discuss how these products work and their impact on the market, as this will show your potential employer that you are knowledgeable and passionate about the field.

✨Demonstrate Your Technical Skills

If you have experience with Python or other programming languages, be ready to showcase this during the interview. Discuss any projects you've worked on that involved automation or data analysis, as this aligns well with the role's focus on technology enhancements.

✨Highlight Your Communication Skills

Since the role involves building relationships with portfolio managers and other teams, emphasise your communication and interpersonal skills. Prepare examples of how you've successfully collaborated with others in previous roles to solve problems or improve processes.

✨Prepare for Scenario-Based Questions

Expect to face scenario-based questions that assess your problem-solving abilities and decision-making skills. Think of situations where you had to address issues in real-time or manage multiple tasks simultaneously, and be ready to explain your thought process.

Associate, Trading Assistant
Balyasny Asset Management LP
Location: London
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