At a Glance
- Tasks: Join our London Trading Operations team to support trade life cycle events and resolve trading queries.
- Company: A dynamic multi-strategy hedge fund in London's West End with global reach.
- Benefits: Enjoy a competitive salary, discretionary bonuses, and a great company culture.
- Why this job: Gain hands-on experience working directly with PMs and Traders in a fast-paced environment.
- Qualifications: STEM degree with 1st or 2.1 grade; 6 months to 1.5 years of trading operations experience required.
- Other info: No sponsorship for visas; this is a permanent role with clear career progression opportunities.
The predicted salary is between 32000 - 42000 £ per year.
Job Title – Junior Hedge Fund Operations Analyst Permanent Vacancy London (West End) UK Right to Work – ***please note no PSV / Student Visas or time limited visas are being considered by our client for this bespoke hire. This is a permanent role, and “No” Client Sponsorship is on offer, so any time limited visas will not be considered. Salary – £40,000 to £50,000 Base Salary + Benefits + Bonus (*Discretionary company bonus) A growing multi strategy hedge fund based in London, West End, and with global offices in US and Asia is looking to hire a Junior Operations Analyst to join the London Trading Operations team. The fund has significant AuM deployed across several funds, specialising in Fixed Income, FX, Rates, Credit, Equities and Futures and Options. This is an excellent opportunity to work directly with PMs and Traders, based on the same trading floor, to service trading flow, resolve challenging trading queries, face off to external counterparties and manage trade life cycle events (including coupon payments, rate re-sets, options, expires, credit events et al), and provide the business with trade and ops risk management services. The business offers anyone joining the hedge fund, with a great culture, and career progression with a pathway to specialize within Trading Operations, with an Analyst to progress to an Associate or promoting from within to move into the business itself and other alpha generating front office opportunities. Key Deliverables – This opportunity will be varied, broad and not limited in nature, effectively 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 – managing 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, process and systems. Experience and prior knowledge of trade management systems is highly desirable and advantageous with specific reference to Markitwire, ICE-Link, CTM, Omego Alert, MTM, and Osttra trade management systems (Traiana, Trioptima, TradeServe et al). Value add IT skills in Excel VBA (ability to create, edit VBA macros) and leverage any object oriented programming skills in Python. The current business has an existing Trading Operations team in London, and service other global offices and looking for someone with 6mths to max 1.5 years’ trading operations experience looking to transition into a growing hedge fund in London. Please note this is a junior hire and the client is not considering senior profiles, given the level of hire for the team. Looking to train and develop a new graduate with some experience up 1.5 years (max). Prerequisite Requirements- 2 to 3 Years experience within Trading Operations derived from a Tier 1 Investment Bank, Hedge Fund (Alternative, Multi Strat, Macro), Asset / Investment Manager. Direct experience across a wide portfolio of trade products, including Fixed Income, Interest Rates, Credit, Equities, FX Futures and Options. STEM based University Degree, with 1st or 2.1 minimum grade degree. IT Skills – 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. 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. Attractive compensation package is on offer with benefits and company bonus scheme. We ask candidates to respect and adhere to UK Right to Work requirements. UK Right to Work – 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 offer.
Junior Hedge Fund Operations Analyst employer: Black Swan Group
Contact Detail:
Black Swan Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Hedge Fund Operations Analyst
✨Tip Number 1
Familiarize yourself with the specific trade management systems mentioned in the job description, such as Markitwire and ICE-Link. Having a solid understanding of these platforms will give you an edge during interviews and show your commitment to the role.
✨Tip Number 2
Brush up on your Excel VBA skills and any object-oriented programming knowledge you have in Python. Being able to demonstrate your technical abilities in these areas can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the hedge fund industry, especially those working in trading operations. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your experience with trade life cycle management and how you've handled complex queries in the past. Being able to articulate your problem-solving skills will be crucial in demonstrating your fit for the role.
We think you need these skills to ace Junior Hedge Fund Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in trading operations, especially any exposure to trade management systems like Markitwire or ICE-Link. Emphasize your STEM degree and any programming skills in Excel VBA or Python.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the hedge fund industry. Mention specific experiences that demonstrate your ability to manage trade life cycle events and resolve trading queries effectively.
Highlight Communication Skills: Since strong communication skills are essential for this role, provide examples in your application of how you've successfully partnered with teams or resolved complex issues in previous positions.
Showcase Continuous Improvement Mindset: Demonstrate your alignment with the company's culture of continuous improvement by mentioning any initiatives you've taken in past roles to enhance processes or leverage technology for efficiency.
How to prepare for a job interview at Black Swan Group
✨Understand the Trade Life Cycle
Make sure you have a solid grasp of the trade life cycle, including trade capture, affirmations, and lifecycle events. Be prepared to discuss how you would manage these processes and any relevant experiences you've had.
✨Showcase Your Technical Skills
Highlight your proficiency in Excel VBA and any programming skills in Python. Be ready to provide examples of how you've used these skills in previous roles or projects, especially in relation to trade management systems.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex trading queries and resolutions clearly and concisely. Think about scenarios where you've successfully resolved discrepancies and how you communicated those solutions.
✨Demonstrate a Growth Mindset
The company values continuous improvement and innovation. Be prepared to discuss how you stay updated with industry trends and technologies, and share any ideas you have for improving trading operations or processes.