At a Glance
- Tasks: Support trading activities and improve execution workflows using quantitative analysis.
- Company: Franklin Templeton, a leading asset management firm in Edinburgh.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Inclusive workplace with flexible working options and commitment to diversity.
- Why this job: Dive into the fast-paced world of trading and make a real impact on market outcomes.
- Qualifications: Degree in finance, economics, or related fields; strong analytical skills and Python proficiency.
The predicted salary is between 30000 - 40000 £ per year.
We are seeking a Junior Quantitative Trader based in Edinburgh, to support trading activities across equities, FX, and cash instruments for UK markets. This is a hybrid role that is execution and workflow oriented, while also having a mandate on streamlining execution and trading operations with quantitative and analytics approaches. This role is ideal for someone with strong quantitative and technical skills who is interested in markets, execution, and real-world trading outcomes, rather than academic model development.
The successful candidate will work closely with traders to:
- Support day-to-day trading and execution
- Analyse and monitor algorithmic trading performance
- Improve execution and trading workflows by developing a systematic approach integrating internal systems, vendors and various data sources
How You Will Add Value
Trading & Execution Support
- Assist traders in executing cash equity and FX trades, with a focus on best execution
- Build a deep understanding of market structure and trading venues across markets
- Monitor market conditions, liquidity, and execution quality across asset classes
- Support daily cash and FX management activities as needed
Algorithm & Performance Analysis
- Analyse performance of execution algorithms and trading strategies
- Help identify drivers of slippage, costs, and performance variance
- Produce regular execution and performance reporting for traders and management
Workflow & Data Engineering
- Work closely with global quantitative execution team to improve trading workflows by utilizing internal systems, vendor data, and market data
- Automate recurring analyses and reporting to improve desk efficiency
- Work with large trade-oriented datasets to visualize and extract actionable insights to systematically improve executions
- Partner with technology, data, and trading teams to streamline processes
Risk & Controls
- Support trade monitoring, reconciliations, and exception handling
- Assist with adherence to internal risk, compliance, and control frameworks
What Will Help You Be Successful in This Role
Experience, Education & Certifications
- Degree in finance, economics, mathematics, engineering, computer science, or related quantitative or technical fields with relevant quant experience.
- Strong interest in financial markets and trading
- Proficiency in Python (or similar language) for data analysis and automation
- Comfort working with large datasets and multiple data sources
- Strong analytical and problem-solving skills
- High attention to detail and ability to work in a fast-paced trading environment
Preferred Qualifications
- Exposure to Asset Management, with Trading knowledge preferred but not essential
- Experience working with SQL, APIs, or market data vendors
- Experience in Machine Learning and AI models; Power Automate and Cloud database
- Internship or prior experience in Asset Management and/or Trading preferred
Junior Quantitative Trader employer: Dormont Manufacturing Co
Franklin Templeton is an exceptional employer, offering a dynamic work environment in Edinburgh that fosters collaboration and innovation. As a Junior Quantitative Trader, you will benefit from a culture that prioritises employee growth through hands-on experience in trading and analytics, while also enjoying flexible working arrangements. With a commitment to diversity and inclusion, the company provides ample opportunities for professional development and encourages a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Quantitative Trader
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to trading and quantitative analysis. We recommend doing mock interviews with friends or using online platforms to get comfortable with your responses.
✨Tip Number 3
Showcase your skills! Create a portfolio of projects that demonstrate your quantitative and analytical abilities. This could include any trading simulations or data analyses you've done – it’s a great way to stand out!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search and genuinely interested in joining our team.
We think you need these skills to ace Junior Quantitative Trader
Some tips for your application 🫡
Show Your Quant Skills:Make sure to highlight your quantitative and technical skills in your application. We want to see how you can apply these skills to real-world trading scenarios, so don’t hold back on sharing relevant experiences!
Tailor Your Application:Take a moment to customise your CV and cover letter for this role. Mention specific experiences that relate to trading, execution, and data analysis. This shows us you’re genuinely interested in the position and understand what we’re looking for.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured applications that are easy to read. Avoid jargon unless it’s relevant, and make sure your passion for financial markets shines through!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Markets
Before the interview, make sure you brush up on your knowledge of financial markets, especially equities and FX. Understand the current market trends and be ready to discuss how they might impact trading strategies. This will show your genuine interest in the role and help you connect with the interviewers.
✨Showcase Your Technical Skills
Since this role requires strong quantitative and technical skills, be prepared to demonstrate your proficiency in Python or similar languages. Bring examples of past projects where you've used data analysis or automation to solve problems. This will highlight your practical experience and ability to contribute from day one.
✨Prepare for Algorithm Discussions
Familiarise yourself with algorithmic trading concepts and be ready to discuss performance metrics. Think about how you would analyse execution algorithms and what factors could affect their performance. This will show that you understand the analytical side of trading and are ready to dive into the details.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions that reflect your interest in the role and the company. Inquire about the team’s approach to improving trading workflows or how they integrate data sources. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.
