Hedge Fund Operations Analyst
Hedge Fund Operations Analyst

Hedge Fund Operations Analyst

Full-Time 65000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our London Trading Operations team to support trade management and resolve trading queries.
  • Company: A dynamic hedge fund in London's West End with a global presence and a focus on innovation.
  • Benefits: Enjoy a competitive salary, discretionary bonuses, and a flexible 4:1 working model.
  • Why this job: Gain hands-on experience in a fast-paced environment with opportunities for career progression.
  • Qualifications: 4-7 years in trading operations, a STEM degree, and strong IT skills in Excel VBA and Python.
  • Other info: This is a permanent role; no sponsorship for time-limited visas is available.

The predicted salary is between 65000 - 80000 £ per year.

A growing multi-strategy hedge fund based in London, West End, and with global offices in the US and Asia is looking to hire a Hedge Fund Operations Analyst to join the London Trading Operations team. The fund has significant AuM deployed across several funds, specialising in Fixed Income, FX, Rates, Credit, Equities and Futures and Options. This is an excellent opportunity to work directly with PMs and Traders, based on the same trading floor, to service trading flow, resolve challenging trading queries, face off to external counterparties and manage trade life cycle events (including coupon payments, rate re-sets, options, expires, credit events et al), and provide the business with trade and ops risk management services.

The business offers anyone joining the hedge fund a great culture and career progression with a pathway to specialise within Trading Operations, with an Analyst to progress to an Associate or promoting from within to move into the business itself and other alpha generating front office opportunities.

Key Deliverables:
  • This opportunity will be varied, broad and not limited in nature, effectively providing front to back trade support for the cross assets traded by the hedge fund in London.
  • Responsible for front to back trade capture, trade affirmations, matching/allocations, trade enrichment (covering settlements, reconciliations) and managing trade life cycle events.
  • Working with a wide range of internal and external clients, supporting the PMs and Trading desk, facing off to counterparties/brokers to resolve trade discrepancies, breaks and offer trade and query resolution in a timely manner.
  • Trade Life Cycle Management – managing options, expires, rate re-sets, credit events and corporate actions.
  • The business is forward-thinking and has a culture of continuous improvement and leveraging the latest technologies to drive efficiencies across its new fund launches, controls, process and systems.

Experience and prior knowledge of trade management systems is highly desirable and advantageous with specific reference to Markitwire, ICE-Link, CTM, Omego Alert, MTM, and Osttra trade management systems (Traiana, Trioptima, TradeServe et al). Value add IT skills in Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python.

The current business has an existing Trading Operations team in London and services other global offices, looking for someone with 4 to 7 years trading operations experience looking to transition into a growing hedge fund in London. Please note this is a junior hire and the client is not considering senior profiles, given the level of hire for the team.

Prerequisite Requirements:
  • 4 to 7 years experience within Trading Operations derived from a Tier 1 Investment Bank, Hedge Fund (Alternative, Multi Strat, Macro), Asset / Investment Manager.
  • Direct experience across a wide portfolio of trade products, including Fixed Income, Interest Rates, Credit, Equities, FX Futures and Options.
  • STEM based University Degree, with 1st or 2.1 minimum grade degree.
  • IT Skills - Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python.
  • Strong communication skills with the ability to partner with trading desks, manage complex queries and provide clear resolution.

Please do apply early to join a fast-growing hedge fund in London, with an exciting career path and opportunities to move into the business. Attractive compensation package is on offer with benefits and company bonus scheme.

Hedge Fund Operations Analyst employer: Job Traffic

Join a dynamic and forward-thinking hedge fund in the heart of London's West End, where you'll benefit from a collaborative work culture that prioritises career progression and personal development. With a competitive salary package, discretionary bonuses, and a flexible 4:1 working model, this role offers an exceptional opportunity to work closely with experienced PMs and Traders while managing diverse trade operations. Embrace the chance to grow within a supportive environment that values innovation and continuous improvement.
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Contact Detail:

Job Traffic Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Hedge Fund Operations Analyst

✨Tip Number 1

Familiarise yourself with the specific trade management systems mentioned in the job description, such as Markitwire and ICE-Link. Having hands-on experience or even a solid understanding of these platforms can set you apart from other candidates.

✨Tip Number 2

Network with professionals already working in hedge funds or trading operations. Attend industry events or join relevant online forums to connect with people who can provide insights or even refer you to opportunities within their firms.

✨Tip Number 3

Brush up on your Excel VBA skills and consider creating a small project that showcases your ability to automate tasks. This practical demonstration of your skills can be a great conversation starter during interviews.

✨Tip Number 4

Prepare to discuss your experience with trade life cycle management in detail. Be ready to share specific examples of how you've resolved trade discrepancies or managed complex queries, as this will demonstrate your capability to handle the responsibilities of the role.

We think you need these skills to ace Hedge Fund Operations Analyst

Trade Lifecycle Management
Trade Capture and Affirmation
Reconciliation and Settlements
Fixed Income Knowledge
FX and Equities Expertise
Credit and Rates Understanding
Experience with Trade Management Systems (e.g., Markitwire, ICE-Link)
Excel VBA Proficiency
Python Programming Skills
Strong Communication Skills
Problem-Solving Abilities
Attention to Detail
Client Relationship Management
Ability to Work in a Fast-Paced Environment
Team Collaboration Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in trading operations, particularly within hedge funds or investment banks. Emphasise your familiarity with trade management systems and any specific tools mentioned in the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hedge fund industry and your understanding of the role. Mention your experience with trade life cycle management and how you can contribute to the team’s success.

Highlight Technical Skills: Clearly outline your IT skills, especially in Excel VBA and any programming languages like Python. Provide examples of how you've used these skills in previous roles to improve processes or solve problems.

Showcase Communication Abilities: Since the role requires strong communication skills, include examples in your application that demonstrate your ability to manage complex queries and collaborate effectively with trading desks and external counterparties.

How to prepare for a job interview at Job Traffic

✨Know Your Trade Products

Make sure you have a solid understanding of the various trade products mentioned in the job description, such as Fixed Income, FX, and Equities. Be prepared to discuss your experience with these products and how you've managed them in previous roles.

✨Demonstrate Technical Skills

Highlight your IT skills, especially in Excel VBA and any programming languages like Python. Be ready to provide examples of how you've used these skills to improve processes or solve problems in trading operations.

✨Showcase Communication Abilities

Since the role involves working closely with PMs and traders, emphasise your strong communication skills. Prepare to discuss situations where you've successfully resolved complex queries or discrepancies with external counterparties.

✨Understand the Company Culture

Research the hedge fund's culture and values. Be ready to explain why you want to work there and how you align with their forward-thinking approach and commitment to continuous improvement.

Hedge Fund Operations Analyst
Job Traffic
J
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