At a Glance
- Tasks: Join our team to manage trading and risk for diverse financial instruments.
- Company: Leading financial risk management firm with a global presence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make an impact in the fast-paced world of trading and risk management.
- Qualifications: Degree in finance or related field; experience in trade support is a plus.
- Other info: Collaborate with teams across London, Chicago, and Sydney for global insights.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking dynamic and motivated Trader and Risk Manager to join our Financial Risk Management team in London. You will perform intra-day and end-of-day processes and activities for the trading desk, working with Senior Traders as well as other teams including Portfolio Management, Compliance, Operations, and Trading Technology. You will provide support for traders responsible for a wide range of derivative instruments. These will be primarily futures and interest swaps, but may develop to include other securities and derivative instruments as the London entity expands its service offering. You will also provide quantitative support, as well as other ancillary consulting, research and advisory support. Our client trading strategies rely upon internally developed, model-driven risk-management strategies. The quantitative support activity will require you to work with our Chicago and Sydney based portfolio management group, to provide local support for UK clients out of our London office.
Responsibilities
- Utilise Milliman’s trading systems to monitor client risk exposures
- Execute, book and process derivative trades in line with client hedging and risk management strategies
- Work with operations for position matching, trade allocations and other post-trade activities
- Act as liaison between the trading team, operations and portfolio management
- Run end of day risk, position and other reports
- Provide quantitative model support for our UK and global clients during European hours
- Develop local quantitative expertise with support from the Chicago and Sydney portfolio management group
- Develop knowledge of derivative markets and risk management techniques, and provide support for ancillary research, consulting and advisory work
- Provide ad-hoc support for marketing activity in the UK
Requirements
- A Bachelor’s degree in mathematics, finance, economics or a related subject.
- Strong experience in trade support ETFs, securities, and/or derivatives in equity, fixed income or foreign exchange markets
- Experience with electronic trading tools including risk and order management systems, Bloomberg, and other trading related software.
- Ability to understand the broader investment objectives behind trades
- Strong analytical and information technology skills
- Excellent communication skills (presenting experience is desirable)
- Ability to multitask and thrive in a fast-paced environment
- Maturity, good judgment, and a professional demeanour
About us
Milliman Financial Risk Management LLC is a market leader in the field of trading and risk management of global portfolios of securities and derivatives, to manage capital market risks for insurance companies, pension plans, endowments, funds and other financial institutions. FRM traders located in Chicago, London, and Sydney operate as an integrated team to provide these services to clients across the globe. FRM is committed to continual research and development to maintain and enhance its position as an industry leader in financial risk and portfolio management. Milliman Financial Strategies Ltd is the London based entity for Milliman Financial Risk Management LLC. It is authorised by the FCA to provide investment advisory services in the UK. The role will be an FCA Certified Function that permits you to undertake regulated investment services activity.
Trader & Risk Manager employer: Milliman Ireland
Contact Detail:
Milliman Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trader & Risk Manager
✨Tip Number 1
Network like a pro! Reach out to professionals in the trading and risk management field on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of derivative instruments and risk management techniques. We recommend practising common interview questions and even doing mock interviews with friends or mentors. Confidence is key, so let’s nail that first impression!
✨Tip Number 3
Showcase your quantitative skills! Be ready to discuss any relevant projects or experiences where you’ve used analytical tools or trading systems. We want to see how you can add value to our team, so bring your A-game when it comes to demonstrating your expertise.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged. Let’s get you on board with us at Milliman Financial Risk Management!
We think you need these skills to ace Trader & Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trader & Risk Manager role. Highlight your experience with derivatives, trading systems, and any quantitative skills that align with what we’re looking for. We want to see how your background fits our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about trading and risk management. Share specific examples of your past experiences that relate to the responsibilities mentioned in the job description.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, make sure to include any relevant projects or experiences where you’ve used these skills. We love seeing how you approach problem-solving and decision-making in a fast-paced environment.
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 serious about joining our team at StudySmarter!
How to prepare for a job interview at Milliman Ireland
✨Know Your Derivatives
Make sure you brush up on your knowledge of futures, interest swaps, and other derivative instruments. Being able to discuss these confidently will show that you're not just familiar with the basics but can also engage in deeper conversations about trading strategies.
✨Master the Tech Tools
Familiarise yourself with electronic trading tools like Bloomberg and risk management systems. If you can demonstrate your proficiency with these tools during the interview, it’ll give you a significant edge over other candidates.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve problems or make decisions in a fast-paced environment. This role requires strong analytical abilities, so be ready to highlight your experience in this area.
✨Communicate Effectively
Since excellent communication skills are essential for this role, practice articulating your thoughts clearly and concisely. Consider doing mock interviews with friends or using online platforms to refine your presentation skills before the big day.