At a Glance
- Tasks: Manage Transaction Cost Analysis and Best Execution functions, liaising with Portfolio Managers and Traders.
- Company: Join a prestigious global asset management firm known for its excellence and innovation.
- Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
- Why this job: Be part of a dynamic team that drives impactful insights and enhances trading strategies.
- Qualifications: Experience in TCA or market analysis, strong analytical skills, and knowledge of asset classes required.
- Other info: Ideal for self-motivated individuals who thrive in both independent and team settings.
The predicted salary is between 48000 - 72000 £ per year.
A highly prestigious global asset management firm is looking for a highly motivated and knowledgeable individual to manage their Transaction Cost Analysis (TCA) and Best Execution function.
The individual will be responsible for driving and developing the TCA platform.
Key responsibilities:
- Liaise with Portfolio Managers & Traders to develop desk-specific analysis to assist with best execution obligations.
- Produce thought-provoking insight from TCA output and provide client TCA and best execution reports on behalf of the trading desk.
- Review and challenge data to ensure reports are accurate and understood prior to their distribution to clients.
- Conduct analysis of data and report findings to the Head of Trading and Investment committees.
- Produce data to help reduce costs and improve elements of trade execution.
- Manage relationship with TCA vendor.
Successful candidate will have:
- Proven work experience in a similar TCA, Best Execution, or market analysis role.
- Familiarity with the regulatory environment.
- Strong analytical skills.
- Ideally, knowledge of Equity and Fixed Income asset classes.
- Self-motivated to work individually as well as having a strong ethic as a team player.
Apply for this job
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Transaction Cost Analysis (TCA) Manager employer: Mason Blake
Contact Detail:
Mason Blake Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Cost Analysis (TCA) Manager
✨Tip Number 1
Network with professionals in the asset management industry, especially those who work in TCA or best execution roles. Attend relevant industry events or webinars to connect with potential colleagues and learn more about the latest trends and practices.
✨Tip Number 2
Familiarise yourself with the latest regulatory requirements related to transaction cost analysis and best execution. This knowledge will not only enhance your understanding but also demonstrate your commitment to staying updated in this fast-paced field.
✨Tip Number 3
Prepare to discuss specific examples of how you've used data analysis to improve trade execution or reduce costs in previous roles. Being able to articulate your past successes will make you stand out during interviews.
✨Tip Number 4
Research the TCA platforms and tools commonly used in the industry. Familiarity with these systems can give you an edge and show that you're proactive about understanding the technical aspects of the role.
We think you need these skills to ace Transaction Cost Analysis (TCA) Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Transaction Cost Analysis (TCA) Manager. Familiarise yourself with key terms like 'best execution' and 'market analysis' to demonstrate your knowledge in your application.
Tailor Your CV: Highlight relevant experience in TCA, best execution, or market analysis roles. Use specific examples that showcase your analytical skills and familiarity with the regulatory environment, particularly in Equity and Fixed Income asset classes.
Craft a Compelling Cover Letter: Write a cover letter that reflects your motivation for the role and how your background aligns with the company's needs. Mention your ability to liaise with Portfolio Managers & Traders and your experience in producing insightful reports.
Proofread Your Application: Ensure your application is free from errors. A well-presented application reflects your attention to detail, which is crucial for a role that involves reviewing and challenging data.
How to prepare for a job interview at Mason Blake
✨Understand the TCA Landscape
Make sure you have a solid grasp of Transaction Cost Analysis and Best Execution principles. Familiarise yourself with the latest trends and regulations in the asset management industry, as this will demonstrate your commitment and knowledge during the interview.
✨Prepare for Technical Questions
Expect to be asked about your analytical skills and experience with data analysis tools. Brush up on your knowledge of equity and fixed income asset classes, and be ready to discuss how you've used data to drive insights and improve trade execution in previous roles.
✨Showcase Your Communication Skills
Since you'll be liaising with Portfolio Managers and Traders, it's crucial to demonstrate your ability to communicate complex data clearly. Prepare examples of how you've effectively communicated findings or reports to stakeholders in the past.
✨Highlight Team Collaboration
While the role requires self-motivation, emphasise your ability to work well within a team. Share experiences where you've collaborated with others to achieve common goals, especially in high-pressure environments related to trading or market analysis.