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- Tasks: Support front office with daily blotter management and P&L reporting.
- Company: Join a prestigious Tier 1 hedge fund managing over €15bn globally.
- Benefits: Enjoy competitive compensation, career growth, and a collaborative work environment.
- Why this job: Be part of a dynamic team driving innovative trading strategies with real impact.
- Qualifications: Must have a 2.1 degree in a STEM subject and relevant trading assistant experience.
- Other info: Open to diverse backgrounds; we value merit and inclusivity in our hiring process.
The predicted salary is between 43200 - 72000 £ per year.
CassonX are absolutely delighted to be recruiting for this prestigious Tier 1 business that is globally one of the most recognised names in Hedge Fund Community. This alternative fund manager combines relative value and direct trading, through a global macro strategy, looking to generate outstanding returns that are uncorrelated and well above the benchmarks. Boasting over 200 staff globally and managing north of €15bn in AUM, this firm rewards its staff with long term career aspirations, well above market average total compensation, a highly collegiate environment, and the chance to move internally when the opportunity arises.
CassonX must express that it is essential that every candidate who is wanting to consider this role must be able to demonstrate outstanding education, including at least a 2.1 level degree in a STEM subject from Russell Group or international equivalent, and excellent A-Levels (or international equivalents) in academic subjects. You must also be able to showcase experience in a similar Traders Assistant role, ideally from a buyside firm, but they might consider those from the sell side. You will have strong Derivatives knowledge, especially if complex products or Fixed Income focussed, and wide reaching knowledge of P&L / Product Control / Blotter Management / technical Middle Office & Risk type work. They would particularly like to identify someone with strong Rates / Structured rates knowledge coming from a Front Office environment.
Candidates will be overlooked for this role if you do not meet the educational criteria, but worth noting we do have other roles in the hedge fund community that we could consider you for. A detailed job description is available to those who showcase a relevant CV, but acting as front line support to the front office, some responsibilities include:
- Daily blotter management and both close and live P&L and risk reporting
- Booking transactions, understanding the risks and pricing of complex products
- Monitoring expiries/fixings/futures rolls – understand and present the associated P&L/risk changes
- Provide first line of support to the Investment Officers and Portfolio Traders
- Providing SME knowledge to help drive process enhancements
- Monitoring offsetting transactions and collapsing accordingly (ISDA protocols)
- Resolving administrator and counterparty queries
CassonX Limited are committed to providing fair employment opportunities to all applicants. We encourage anyone to apply, regardless of their background, and promote a fair and inclusive recruitment process based on merit. If you require any assistance throughout the interview process to improve your experience, kindly let us know.
Assistant Trader - CassonX employer: CassonX
Contact Detail:
CassonX Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Trader - CassonX
✨Tip Number 1
Make sure to brush up on your knowledge of derivatives and fixed income products. Understanding complex financial instruments will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the hedge fund community, especially those who work at CassonX or similar firms. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 3
Familiarise yourself with the daily responsibilities of an Assistant Trader, such as P&L reporting and transaction booking. Being able to discuss these tasks confidently will show that you understand the role and are ready to contribute from day one.
✨Tip Number 4
Prepare to discuss any relevant experience you have in a similar role, particularly if it involves front office support. Highlighting specific examples of how you've added value in past positions can set you apart from other candidates.
We think you need these skills to ace Assistant Trader - CassonX
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your educational background, especially your 2.1 degree in a STEM subject and any relevant A-Levels. Emphasise your experience in a Trader Assistant role, particularly if it’s from a buyside firm.
Showcase Relevant Experience: In your application, detail your knowledge of derivatives, P&L management, and any experience with complex products or Fixed Income. Use specific examples to demonstrate your understanding of the responsibilities listed in the job description.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for the Assistant Trader position. Highlight your passion for trading, your analytical skills, and how your background aligns with CassonX's goals.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in the trading environment.
How to prepare for a job interview at CassonX
✨Showcase Your Educational Background
Make sure to highlight your academic achievements, especially your 2.1 degree in a STEM subject from a Russell Group university or equivalent. Be prepared to discuss how your education has equipped you with the analytical skills necessary for the role.
✨Demonstrate Relevant Experience
Be ready to talk about your previous roles as a Trader's Assistant, particularly if you have experience from a buyside firm. Discuss specific tasks you've handled, such as P&L reporting and transaction booking, to show your familiarity with the responsibilities of the position.
✨Highlight Your Derivatives Knowledge
Since strong derivatives knowledge is crucial for this role, prepare to discuss complex products and fixed income. You might be asked technical questions, so brush up on your understanding of rates and structured rates to impress your interviewers.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and risk management skills. Think of examples where you've successfully resolved issues or improved processes in previous roles, as this will demonstrate your proactive approach and suitability for the fast-paced environment at CassonX.
