At a Glance
- Tasks: Support trade lifecycles for Exchange Traded Derivatives in a dynamic hedge fund environment.
- Company: Join a prestigious hedge fund known for innovation and world-class returns.
- Benefits: Enjoy a competitive salary, career growth opportunities, and a collaborative culture.
- Why this job: Gain invaluable experience in a leading firm while working with cutting-edge technology.
- Qualifications: Degree educated with 2-6 years in ETD Operations; coding skills in Python, SQL, or VBA preferred.
- Other info: Open to diverse backgrounds; inclusive recruitment process.
The predicted salary is between 43200 - 72000 Β£ per year.
CassonX are absolutely thrilled to be recruiting for this powerhouse in the hedge fund world. Whilst specialising in fixed-income arbitrage and global macro strategies, they also have a keen eye for technology and algorithmic investment strategies to deliver world-class returns for their investors. With very large AUM and a reputation for only hiring the best in the market, this is a company that would complement anyoneβs CV.
To be considered for this fabulous opportunity, CassonX are looking to identify someone who is degree educated and knowledgeable in Exchange Traded Derivatives (Futures and Options) Operations, with a background covering trade lifecycles, query management, and reconciliations being key. You will have knowledge of how all the Clearing cycles work, exposure to a variety of different exchanges, and understanding of T0 and T+1 processes.
They would prefer to hire someone who is currently working in a Hedge Fund or Asset Management firm but are very willing to consider someone from a sell-side Prime Broker team as well. The position is best suited to someone on the upward trajectory of their career (2-6 years of experience) and ideally offers Python, SQL, or VBA technical skills and can showcase experience of using these coding languages in the workplace to automate or improve efficiencies and processes.
This very broad role is crucial for the company, as it covers all elements of the trade lifecycles for all asset classes they trade. However, your specialism in ETD products will see most of your day supporting those asset classes in a systematic trading environment.
In return, you will get exposure to affirmation and matching processes using Omgeo CTM and TRAX for Fixed Income (Bond and Repo) and Equity trade flows, resolving trade breaks, and following up on fails to ensure timely settlement, Cash Management/Funding, T+1 reconciliations and investigations, Corporate Actions and Coupon management, Static Data, and ensuring all processes have sound controls and mitigate risks through automation at all times.
A very detailed job description is available to those who send a relevant CV. 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.
Exchange Traded Derivatives (Futures and Options) Operations β Prestigious Hedge Fund employer: CassonX
Contact Detail:
CassonX Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Exchange Traded Derivatives (Futures and Options) Operations β Prestigious Hedge Fund
β¨Tip Number 1
Familiarise yourself with the specific Exchange Traded Derivatives (ETD) products that the hedge fund focuses on. Understanding the nuances of Futures and Options will not only boost your confidence but also demonstrate your genuine interest in the role during discussions.
β¨Tip Number 2
Network with professionals currently working in hedge funds or asset management firms. Attend industry events or webinars to connect with individuals who can provide insights into the company culture and expectations, which can be invaluable during interviews.
β¨Tip Number 3
Brush up on your technical skills, particularly in Python, SQL, or VBA. Consider working on small projects or automating processes in your current role to showcase your ability to improve efficiencies, as this is a key aspect of the job.
β¨Tip Number 4
Prepare to discuss your experience with trade lifecycles and reconciliations in detail. Be ready to provide examples of how you've managed queries or resolved trade breaks, as these are critical components of the role and will highlight your expertise.
We think you need these skills to ace Exchange Traded Derivatives (Futures and Options) Operations β Prestigious Hedge Fund
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in Exchange Traded Derivatives Operations, focusing on trade lifecycles, query management, and reconciliations. Use specific examples to demonstrate your knowledge of T0 and T+1 processes.
Showcase Technical Skills: If you have experience with Python, SQL, or VBA, be sure to include this in your application. Provide examples of how you've used these skills to automate processes or improve efficiencies in your previous roles.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your enthusiasm for the role but also explains why you are a perfect fit for the company. Mention your understanding of their operations and how your background aligns with their needs.
Highlight Relevant Experience: If you currently work in a Hedge Fund or Asset Management firm, emphasise this experience. If not, draw parallels from your time in a sell-side Prime Broker team, focusing on transferable skills that relate to the job description.
How to prepare for a job interview at CassonX
β¨Know Your Trade Lifecycles
Make sure you have a solid understanding of the trade lifecycles, especially for Exchange Traded Derivatives. Be prepared to discuss your experience with query management and reconciliations, as these are key aspects of the role.
β¨Showcase Your Technical Skills
Highlight any experience you have with Python, SQL, or VBA during the interview. Be ready to provide examples of how you've used these skills to automate processes or improve efficiencies in your previous roles.
β¨Familiarise Yourself with Clearing Cycles
Understanding how clearing cycles work is crucial for this position. Brush up on T0 and T+1 processes, and be prepared to explain how these concepts apply to your past experiences.
β¨Demonstrate Your Problem-Solving Abilities
Since the role involves resolving trade breaks and ensuring timely settlements, think of specific instances where you've successfully tackled similar challenges. This will show your potential employer that you're proactive and capable of handling the demands of the job.