Senior Discretionary Trader - Credit in London

Senior Discretionary Trader - Credit in London

London Full-Time 120000 - 180000 £ / year (est.) No working from home possible
Job Search Place Limited

At a Glance

  • Tasks: Develop and execute innovative trading strategies in a dynamic global team.
  • Company: Join Squarepoint, a leader in discretionary trading with a collaborative culture.
  • Benefits: Competitive salary starting at $150,000, bonuses, health benefits, and 401(k) contributions.
  • Other info: Opportunity to train junior traders and advance analytical tools in a fast-paced environment.
  • Why this job: Make an impact in the trading world while working with top-tier professionals.
  • Qualifications: Bachelor's degree in a quantitative field and 3+ years of trading experience required.

The predicted salary is between 120000 - 180000 £ per year.

As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint's discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.

  • Identify, research, evaluate, and implement discretionary trading strategies
  • Communicate with trading and risk management to ensure understanding of trading strategies and risk
  • Collaborate with Traders, Analysts, and Quantitative Researchers globally
  • Contribute to the advancement of analytical tools
  • Leverage internal data and research tools as well as external research and relationships
  • Train and develop junior discretionary traders

Required Qualifications

  • Bachelor's degree in a quantitative or related field, advanced degree preferred
  • 3+ years of proven trading experience in a buy-side or sell-side capacity
  • Successfully built and managed trading strategies
  • Strong communication skills with the ability to collaborate with teammates globally
  • Strong sense of urgency with the ability to work well in a fast-paced environment

The minimum base salary for this role is $150,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates' compensation and benefits will be determined in consideration of various factors.

Job Search Place Limited

Contact Details:

Job Search Place Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Discretionary Trader - Credit in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

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We think you need these skills to ace Senior Discretionary Trader - Credit in London

Discretionary Trading
Quantitative Analysis
Strategy Development
Risk Management
Collaboration
Communication Skills
Analytical Tools Advancement

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Job Search Place Limited.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Job Search Place Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Job Search Place Limited

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Job Search Place Limited.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Job Search Place Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Job Search Place Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.