At a Glance
- Tasks: Manage operational matters in securities financing and optimise efficiencies across prime brokers.
- Company: Join Hudson River Trading, a leader in algorithmic trading with a collaborative culture.
- Benefits: Gain mentorship, develop technical skills, and enjoy a dynamic work environment.
- Why this job: Make an immediate impact while learning from industry experts in a cutting-edge field.
- Qualifications: 2-4 years in finance, strong analytical skills, and proficiency in Python and SQL.
- Other info: Be part of a diverse team that values innovation and togetherness.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Hudson River Trading (HRT) is seeking a Junior Portfolio Finance Trader to join our PostTrade team with a focus on European markets. In this role, you\’ll have the opportunity to learn the inner workings of our highly successful automated trading strategies, tackle complex problems, and make an immediate, tangible impact with outstanding room for growth. As part of a technical and highly experienced team, you will receive direct mentorship and develop your industry experience as well as your quantitative and coding skillsets.
The ideal candidate for this role will be an avid learner with a background in finance and an interest in securities financing and automated trading.
Responsibilities
- Effectively manage operational matters (securities borrowing and lending, locates, dividends, fails, buy-ins, as well as prime and synthetic financing).
- Communicate daily with counterparties, prime brokers, internal traders, and various internal operations support teams in multiple regions.
- Manage the distribution and integrity of all financing costs charged by prime brokers and other liquidity providers to internal trading desks.
- Optimize efficiencies across prime brokers and HRT entities to reduce costs and capital usage.
- Drive European dividend management across a variety of custodians and products.
- Enable trading across new markets and products.
- Document processes and procedures.
Qualifications
- 2-4 years of market experience within equity finance, portfolio finance, or buy-side treasury function.
- Strong knowledge of EMEA equity financing markets, prime brokerage funding models, FX, and equity synthetics.
- Analytical mindset, curiosity, and strong cross-functional communication skills.
- Proficiency in Python, SQL, and other technical skills, as well as a keen interest to further develop these skillsets.
- Proven ability to maintain composure in stressful situations.
- Meticulous attention to detail and a desire to maintain accuracy while processing large amounts of information within finite timelines.
Culture
At HRT we come from a variety of disciplines: mathematics and computer science, physics, and engineering, media and tech. We\’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization – from trading, to business operations, to recruiting and beyond. Our culture celebrates great ideas whether they come from HRT veterans or new hires. At HRT we\’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we\’d love to get to know you.\”}\”>Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world\’s most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We\’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we\’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we\’d love to get to know you.
At HRT we come from a variety of disciplines: mathematics and computer science, physics, and engineering, media and tech. We\’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization – from trading, to business operations, to recruiting and beyond. Our culture celebrates great ideas whether they come from HRT veterans or new hires. At HRT we\’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we\’d love to get to know you.\”}\”>Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.
Junior Portfolio Finance Trader employer: Hudson River Trading
Contact Detail:
Hudson River Trading Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Portfolio Finance Trader
✨Tip Number 1
Network like a pro! Reach out to folks in the finance and trading sectors, especially those who work at HRT or similar firms. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Brush up on your technical skills! Since this role values proficiency in Python and SQL, consider working on small projects or coding challenges to showcase your abilities. We love seeing candidates who are eager to learn and grow.
✨Tip Number 3
Prepare for interviews by diving deep into HRT's culture and values. Understand their approach to automated trading and be ready to discuss how your background aligns with their mission. Show them you're not just a fit on paper but also a cultural match!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the HRT team. Don’t miss out on this opportunity!
We think you need these skills to ace Junior Portfolio Finance Trader
Some tips for your application 🫡
Show Your Passion for Finance: When writing your application, let your enthusiasm for finance shine through! We want to see that you're not just ticking boxes but genuinely excited about the world of securities financing and automated trading.
Highlight Relevant Experience: Make sure to showcase any relevant experience you have in equity finance or portfolio management. We love seeing how your background aligns with our needs, so don’t hold back on those details!
Be Clear and Concise: Keep your application clear and to the point. We appreciate well-structured writing that gets straight to the heart of what you want to say. Remember, we’re looking for attention to detail, so make every word count!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to be part of our community at HRT!
How to prepare for a job interview at Hudson River Trading
✨Know Your Numbers
Brush up on your knowledge of EMEA equity financing markets and prime brokerage funding models. Be ready to discuss how these concepts apply to the role and share any relevant experiences you've had in your previous positions.
✨Show Off Your Coding Skills
Since proficiency in Python and SQL is key, prepare to demonstrate your coding abilities. You might be asked to solve a problem on the spot, so practice common coding challenges and be ready to explain your thought process.
✨Communicate Clearly
As you'll be liaising with various teams and counterparties, strong communication skills are essential. Practice articulating complex ideas simply and clearly, and think of examples where you successfully navigated cross-functional communication.
✨Emphasise Your Curiosity
HRT values avid learners, so express your enthusiasm for the role and your desire to grow. Share specific instances where your curiosity led you to learn something new or solve a complex problem, especially in finance or trading.