OTC Rates, Credit and FX Options Hedge Fund Operations in City of London

OTC Rates, Credit and FX Options Hedge Fund Operations in City of London

City of London Full-Time 70000 - 85000 € / year (est.) Home office (partial)
Black Swan Group

At a Glance

  • Tasks: Support trading operations and manage trade life cycle events in a dynamic hedge fund environment.
  • Company: Join a fast-growing multi-strategy hedge fund based in London.
  • Benefits: Competitive salary, discretionary bonus, and hybrid working model.
  • Other info: Exciting career growth opportunities and a culture of continuous improvement.
  • Why this job: Gain hands-on experience in hedge fund operations and work with cutting-edge technologies.
  • Qualifications: 4+ years in Hedge Fund Operations and strong Excel VBA skills required.

The predicted salary is between 70000 - 85000 € per year.

A growing multi-strategy hedge fund based in London is looking to hire a Rates, Credit and FX Options Hedge Fund Operations Analyst to join the London Operations team which is expanding. Looking for someone with 4 years of Hedge Fund Operations experience - this is a prerequisite. The fund has significant AuM deployed across several funds, specialising in Fixed Income, OTC Rates, Credit, and FX Options.

This is an opportunity to work directly with a leading Middle Office Operations team, to service trading flow, resolve challenging trading queries, face external counterparties, and manage trade life cycle events (coupon payments, rate re-sets, FX options, expires, credit events, etc.), and provide the business with ops risk management services.

The business offers anyone joining a great opportunity to be trained on traded products and have an entry point into a successful and growing hedge fund in London.

Key Deliverables:

  • Providing front to back trade support for the cross assets traded by the hedge fund in London.
  • Responsible for front to back trade capture, trade affirmations, matching/allocations, trade enrichment (covering settlements, reconciliations), and managing trade life cycle events.
  • Working with a wide range of internal and external clients, supporting the PMs and Trading desk, facing off to counterparties/brokers to resolve trade discrepancies, breaks, and offer trade and query resolution in a timely manner.
  • Trade life cycle management – options, expires, rate re-sets, credit events, and corporate actions.

The business is forward-thinking and has a culture of continuous improvement and leveraging the latest technologies to drive efficiencies across its new fund launches, controls, processes, and systems. Experience and prior knowledge of trade management systems is highly desirable and advantageous.

Value-added skills in Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python are beneficial. The current business has an existing Trading Operations team in London and services other global centres, looking for someone with 5 to 8 years’ experience looking to transition into a growing hedge fund.

Prerequisite Requirements:

  • Minimum 4 years experience within Hedge Fund Operations derived from a Hedge Fund (Alternative, Multi Strat, Macro).
  • Direct experience across a wide portfolio of trade products, including OTC Interest Rates, Credit, and FX Options.
  • STEM-based University Degree, with 1st or 2.1 minimum grade degree.
  • IT Skills - Advanced Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python.
  • Strong communication skills with the ability to partner with trading desks, manage complex queries, and provide clear resolution.

An attractive compensation package is on offer with benefits and a company bonus scheme. Candidates are asked to respect and adhere to UK Right to Work requirements. Please note no PSV/Student Visas or time-limited visas are being considered by our client. This is a permanent role, and no client sponsorship is offered.

Please do apply early to join a fast-growing hedge fund in London, with an exciting career path and opportunities to move into the business.

OTC Rates, Credit and FX Options Hedge Fund Operations in City of London employer: Black Swan Group

Join a dynamic and forward-thinking hedge fund in London, where you will be part of a growing Operations team that values continuous improvement and innovation. With a competitive salary and a comprehensive benefits package, including a discretionary bonus, this role offers exceptional opportunities for professional growth and development in the fast-paced world of finance. Experience a collaborative work culture that encourages skill enhancement and provides a clear pathway to advance your career within the hedge fund industry.

Black Swan Group

Contact Detail:

Black Swan Group Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land OTC Rates, Credit and FX Options Hedge Fund Operations in City of London

Tip Number 1

Network like a pro! Reach out to your connections in the hedge fund world, especially those who work in operations. 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 trade life cycle management and the specific products mentioned in the job description. We want you to be able to speak confidently about OTC Rates, Credit, and FX Options.

Tip Number 3

Showcase your tech skills! If you've got experience with Excel VBA or Python, make sure to highlight that during interviews. We know how much these skills can set you apart in the hedge fund operations space.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals to join our growing team.

We think you need these skills to ace OTC Rates, Credit and FX Options Hedge Fund Operations in City of London

Hedge Fund Operations Experience
Trade Management Systems
Front to Back Trade Support
Trade Life Cycle Management
Excel VBA
Python Programming
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to highlight your Hedge Fund Operations experience. We want to see how your skills in trade management and operations align with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Rates, Credit and FX Options team. Let us know how your background and skills can contribute to our success.

Show Off Your Tech Skills:Since we value tech-savvy candidates, don’t forget to mention your Excel VBA and Python skills. If you’ve created any cool macros or automated processes, we’d love to hear about them!

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 this exciting opportunity in our growing hedge fund!

How to prepare for a job interview at Black Swan Group

Know Your Trade Products

Make sure you brush up on your knowledge of OTC Rates, Credit, and FX Options. Be ready to discuss how these products work and any relevant experiences you've had managing them in your previous roles. This will show that you're not just familiar with the terms but can also apply your knowledge practically.

Showcase Your Tech Skills

Since the role requires advanced Excel VBA skills and some Python programming, be prepared to discuss specific projects where you've used these skills. If possible, bring examples or even a small demo to showcase your abilities. This will help you stand out as a candidate who can leverage technology effectively.

Prepare for Complex Queries

Expect to face questions about how you would handle complex trade discrepancies or lifecycle events. Think through some scenarios from your past experience where you successfully resolved issues and be ready to explain your thought process. This will demonstrate your problem-solving skills and ability to manage stress.

Communicate Clearly

Strong communication is key in this role, especially when liaising with trading desks and external counterparties. Practice articulating your thoughts clearly and concisely. You might even want to do a mock interview with a friend to refine your delivery and ensure you come across as confident and professional.