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 in a forward-thinking company.
- Why this job: Gain valuable 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.
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 and breaks.
- 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:
- Min 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. We ask candidates to respect and adhere to UK Right to Work requirements. 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 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 scheme, 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.
StudySmarter Expert Advice🤫
We think this is how you could land OTC Rates, Credit and FX Options Hedge Fund Operations
✨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 events and the specific products mentioned in the job description. We want you to impress with your expertise in OTC Rates, Credit, and FX Options!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Check out our website for tailored opportunities that match your skills and experience in hedge fund operations.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Plus, it shows your enthusiasm for the role and the company, which is always a good look.
We think you need these skills to ace OTC Rates, Credit and FX Options Hedge Fund Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in Hedge Fund Operations. We want to see how your skills align with the key deliverables mentioned in the job description, so don’t hold back on showcasing your relevant achievements!
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 Hedge Fund Operations Analyst role. Be sure to mention your experience with trade management systems and any programming skills you have.
Showcase Your Technical Skills:Since we’re looking for someone with advanced Excel VBA and Python skills, make sure to highlight these in your application. If you’ve worked on any projects that involved these skills, give us the details – we love seeing practical examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Black Swan Group
✨Know Your Hedge Fund Operations
Make sure you brush up on your knowledge of hedge fund operations, especially in OTC Rates, Credit, and FX Options. Be ready to discuss your previous experiences in detail, focusing on how you've managed trade life cycles and resolved trading queries.
✨Show Off Your Tech Skills
Since the role requires advanced Excel VBA skills and some Python programming, be prepared to demonstrate your proficiency. You might even want to bring examples of macros you've created or projects where you've used Python to solve problems.
✨Communicate Clearly
Strong communication skills are a must for this position. Practice articulating complex concepts simply and clearly, as you'll need to explain trade discrepancies and resolutions to both internal teams and external counterparties.
✨Embrace Continuous Improvement
The company values a culture of continuous improvement, so come ready to discuss how you've contributed to process enhancements in your previous roles. Think of specific examples where you've leveraged technology to drive efficiencies.
